David Green (entrepreneur)
November 13, 1941|
Emporia, Kansas, US
|Known for||Founder of Hobby Lobby|
US$ 6.8 billion|
In 1970, while a store manager with variety store chain TG&Y, Green took a $600 loan and started a home business in his garage assembling and selling miniature picture frames. The business, Greco Products, capitalized on a decorating fad of the time. By August 1972 the business had thrived to such an extent that Green and his wife were able to open a 300 square-foot store in northwest Oklahoma City. In 1975, Green left his 13-year career with TG&Y and opened a second Hobby Lobby location with 6,000 square feet of space.
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Green commits half of Hobby Lobby's total pretax earnings to a portfolio of evangelical ministries and as of 2012, he has donated an estimated $500 million. Green has taken a public stance against the Patient Protection and Affordable Care Act because of its inclusion of a provision mandating that companies include the "morning-after pill" in their health coverage, which he considers to be an abortifacient.
Green lives in southwest Oklahoma City with his wife, Barbara. They have three children. One son, Mart Green, is the founder and CEO of Mardel Christian and Educational Supply and of Every Tribe Entertainment. Son Steve Green is President of Hobby Lobby, as well as founder and primary funder of the Museum of the Bible. Daughter Darsee Lett is Creative Director for the Hobby Lobby stores.
- Forbes: "The World's Billionaires - David Green" January 2015
- Brown, Suzanne Jordan (2012-10-05). "The Modest Billionaire". Charisma Magazine. Retrieved 2017-07-06.
- Every Day Christian" "Believers in the Business World: The Green Family" by Jason Karpf April 28, 2009
- Hobby Lobby Corporate history. Hobbylobby.com. Retrieved on 2013-04-09.
- "Hobby Lobby's history". The Oklahoman. 2003-10-23. Retrieved 2017-07-06.
- David Green: The Biblical Billionaire Backing The Evangelical Movement. Forbes.com (2012-09-18). Retrieved on 2013-04-09.
- Hobby Lobby Plan To Defy Obamacare. Huffingtonpost.com (2012-12-28). Retrieved on 2012-12-28.
- The Giving Pledge. givingpledge.org. Retrieved on 2013-04-09.
- Voices of Oklahoma interview with David Green. First person interview conducted on October 6, 2009, with David Green.