Billionaire Home Depot co-founder, 93, blames socialism for destroying capitalism – as he slams Biden, ‘woke people’ and Harvard grads for putting obstacles in the way of entrepreneurial success
- Bernie Marcus believes Home Depot’s success couldn’t happen in 2022
- ‘We would end up with 15, 16 stores. I don’t know that we could go further’
- He added that ‘nobody works anymore. Nobody gives a damn’
- Called Joe Biden ‘the worst president in history’ and blamed ‘woke people’
The co-founder of Home Depot slammed ‘woke people,’ said nobody wants to work anymore and called Joe Biden ‘the worst president in history’ for putting obstacles in the way of entrepreneurial success.
Bernie Marcus, 93, believes the success the company he began with Arthur Blank in 1978 couldn’t happen today because of people standing in the way of the business community.
‘We would end up with 15, 16 stores,’ he said in an interview with the Financial Times. ‘I don’t know that we could go further.’
Marcus added that he’s worried about capitalism and said thanks to socialism, ‘Nobody works. Nobody gives a damn. “Just give it to me. Send me money. I don’t want to work – I’m too lazy, I’m too fat, I’m too stupid.”‘
Marcus was unequivocal in calling Joe Biden ‘the worst president in the history of this country’ saying that ‘we used to have free speech here.’
‘We don’t have it,’ he said. ‘The woke people have taken over the world.’
He also listed human resources executives, government bureaucrats, socialists, Harvard graduates, MBAs, Harvard MBAs, lawyers and accountants as the obstacles to entrepreneurial success in 2022.
A vocal Donald Trump supporter and member of the White House reopening task force during COVID, Marcus said he’s given money to both Trump and Florida Governor Ron DeSantis, Trump’s potential rival for the 2024 GOP nomination.
He said: ‘It’s going to be very interesting in ‘24 because I think that DeSantis will challenge him. And may the better man win.’
Home Depot has 2,300 stores across North America, a market capitalization of $300billion and an annual revenue of more than $150billion, according to Financial Times.
Marcus cites his charity, having joined the Gates’ family and Warren Buffett’s Giving Pledge promising to donate at least half his fortune to good causes, as how he gives back.
He also backed the construction of the Georgia Aquarium and has given $2billion to over 500 organizations through the Marcus Foundation.
The Marcus Foundation has also donated to autism, stem cells, cancer, stroke and military veterans’ PTSD causes.
In 2019, he told the Atlanta Journal-Constitution: ‘I want to live to be 100 because I want to be in a position to give it away to those things that I really believe in.
‘I’ve got all the houses I need. I live very well. My kids are taken care of. Everything I live for now is finding the right things to put my money into and that can give me a rate of return in emotion and doing good things for this world.’
On top of this, the philanthropist wants to build veteran care centers across the US and buy into medical treatment and research.
Home Depot is Georgia’s largest public company based on revenue and is having a successful 2022.