David Green & family

$14.90 B

Ranked #116 in World

About David Green & family

David Green, self-made American billionaire and founder of Hobby Lobby, has shaped the retail world since he opened the first store in 1972 in Oklahoma City. As a committed evangelical, Green has dedicated substantial resources to faith-based initiatives, including the notable Museum of the Bible in Washington, D.C. A leading donor to evangelical causes, Green's philanthropy reached an excess of $500 million by 2012. His legacy includes legal challenges to federal mandates, influencing religious and business communities alike.

Born

November 13, 1941

Age

84 years

Source Of Wealth

Retail

Industries

Fashion & Retail

Citizenship

United States

Residence

Oklahoma City, Oklahoma

Education

Diploma, High School

David Green, an American billionaire businessman and founder of Hobby Lobby, was born and raised in Altus, Oklahoma. His father was a Christian pastor, and all five of his siblings are pastors or pastors' wives. Growing up in a religious household, Green developed a strong faith and a belief in building his business on biblical principles.

David Green & family: Family

David Green is married to his wife, Barbara, and they live in southwest Oklahoma City. They have three children, all of whom are involved in the Hobby Lobby business.

David Green & family: Career Highlights

Green's entrepreneurial journey began in 1970 when he started a home business assembling and selling miniature picture frames. In 1972, he opened the first Hobby Lobby store in Oklahoma City. The success of the store led to the opening of a second location in 1975, and Green left his job at TG&Y to focus on Hobby Lobby full-time.

Under Green's leadership, Hobby Lobby grew into a nationwide chain of arts and crafts stores. As of 2023, the company operates over 900 stores in 47 states, employing more than 43,000 people.

David Green & family: Companies

David Green is the founder and owner of Hobby Lobby, a privately held company. The company is headquartered in Oklahoma City, Oklahoma, and is known for its wide selection of arts and crafts supplies, home décor, and seasonal items.

David Green & family: Major Achievements

Green's major achievements include building Hobby Lobby into a multi-billion dollar company and becoming a prominent figure in the Evangelical Christian community. He is also known for his philanthropic efforts, particularly his support of Evangelical organizations and the funding of the Museum of the Bible in Washington, D.C.

David Green & family: Awards & Achievements

Green has received numerous awards and recognitions for his business success and philanthropic contributions. Some of his notable awards include:

Ernst & Young Entrepreneur of the Year Award (1992)
Oklahoma Hall of Fame (2009)
Forbes 400 Richest Americans (2017)

David Green & family: Personal Life & Legacy

Green is a devout Christian and believes in tithing and prosperity theology.

He has committed half of Hobby Lobby's total pretax earnings to evangelical ministries and has donated an estimated $500 million to Evangelical causes as of 2012.

Green is also known for his conservative political views and has taken a public stance against the Patient Protection and Affordable Care Act (Obamacare) due to its mandate on providing the "morning-after pill" in health coverage. He sued the federal government in Burwell v. Hobby Lobby Stores, Inc., overturning the mandate.

David Green & family: Trivia

Hobby Lobby received between $2 million and $5 million from the Paycheck Protection Program to retain 249 jobs during the COVID-19 pandemic.
The Museum of the Bible, funded by Green, has been involved in several controversies, including the return of ancient artifacts to their countries of origin and the revelation that a large number of papyrus fragments purported to be part of the Dead Sea Scrolls were forgeries.

Wealth History

Timeline

1970

Started a home business assembling and selling miniature picture frames.

1972

Opened the first Hobby Lobby store in Oklahoma City.

1975

Left TG&Y and opened a second Hobby Lobby location.

2012

Donated an estimated $500 million to Evangelical causes.

2017

Published the book "Giving It All Away...And Getting It All Back Again", discussing his belief in tithing and prosperity theology.

2017

U.S. Immigration and Customs Enforcement returned 3,800 ancient artifacts found in the Hobby Lobby warehouse to the Republic of Iraq.

2020

An additional 11,500 artifacts were returned to Egypt and Iraq.

David Green & family : FAQs

What is David Green's net worth?

As of 2023, David Green's net worth was $14.90 billion.

What are David Green's main sources of wealth?

David Green's main source of income comes from Retail.

In which industry does David Green primarily operate?

David Green is primarily involved in the Fashion & Retail industry.

What is David Green educational background?

David Green holds a Diploma from High School.

How old is David Green?

David Green is 84 years old.

How many children does David Green have?

David Green has 3 children.

Who is David Green and what is Hobby Lobby?

David Green is an American billionaire businessman and the founder of Hobby Lobby, a popular chain of arts and crafts stores.

What are some significant milestones in David Green's career?

Significant milestones in David Green's career include starting his home business in 1970, opening the first Hobby Lobby store in Oklahoma City in 1972, and publishing a book on his business philosophies titled 'Giving It All Away...And Getting It All Back Again' in 2017.

How has David Green contributed to Evangelical organizations?

David Green is a major financial supporter of Evangelical organizations, having committed half of Hobby Lobby's pretax earnings to ministries and donated an estimated $500 million to Evangelical causes as of 2012.

Can you tell me about David Green's involvement with the Museum of the Bible?

David Green funded the creation of the Museum of the Bible in Washington, D.C., and has been involved in the repatriation of thousands of ancient artifacts to their countries of origin, as well as dealing with the controversy of forged papyrus fragments.

What are some personal details about David Green's life and beliefs?

David Green grew up in Altus, Oklahoma as the son of a Christian pastor, with his siblings also being involved in the church. He integrates his belief in biblical principles into his business practices and has taken public stances on religious and political issues, including a legal case against the federal government regarding healthcare mandates.