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#127 Billionaire

David Green & family

David Green & family
$15.3B
US · Age 84
Source of wealth: Retail
Industry: fashion-retail
Organization: Hobby Lobby, CEO
Residence: Oklahoma City, US
{ "bio": [ "A preacher's son from a poor background, Hobby Lobby founder David Green opened his first crafts shop in 1970 with a $600 loan.", "His empire has grown from a single 300-square-foot store in Oklahoma City to over 950 locations, generating an estimated $7.9 billion in annual sales.", "A devout Christian, he still serves as Hobby Lobby's CEO and goes to work six days a week.", "Stores are closed on Sundays and workers make a minimum of $18.50 an hour as of January 2022, well above the federal minimum wage.", "He has said he plans to give 90% of the company to charity, with the remaining 10% going to his family", "He is a donor to a group called He Gets Us, a $100 million campaign to promote Jesus and Christianity, which ran two ads during the 2023 Super Bowl game." ], "about": [ "Green won a 2014 Supreme Court case that exempted \"closely held\" companies with strong religious beliefs from providing employees the morning-after pill.", "He and his family spent at least $500 million on the Museum of the Bible, which opened in D.C. in 2017." ] }

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