In a profound loss for the retail industry and political landscape, Bernard "Bernie" Marcus, co-founder of The Home Depot and a notable Republican megadonor, has died at the age of 95. The announcement of his passing was made by the company he helped establish, which has grown into a retail giant since its inception in 1978.

The Home Depot released a heartfelt statement expressing their deep sorrow and gratitude for Marcus, calling him an integral part of the company's foundation. He leaves behind a legacy marked by a net worth estimated at $7.4 billion, according to Bloomberg's Billionaire Index.

Born in Newark, New Jersey, to Jewish immigrant parents from Russia, Marcus was the youngest of four siblings. He pursued higher education in merchandising and marketing at Rutgers University before embarking on a career in the retail sector. His pivotal partnership with Arthur Blank began at Handy Dan Home Improvement, where their shared vision for a better hardware store led to the creation of The Home Depot. Their innovative multi-departmental approach transformed the retail landscape, resulting in over 2,300 stores nationwide and a market capitalization nearing $400 billion.

Marcus served as CEO until his retirement in 1997, afterward holding the position of chairman until 2002. He was not only a business leader but also a dedicated philanthropist. Alongside his wife Billi, he established initiatives like the Marcus Autism Center at Emory University and contributed significantly to various medical and Jewish charitable organizations. His $250 million donation facilitated the opening of the renowned Georgia Aquarium, demonstrating his commitment to community welfare.

Known for his strong Republican ties, Marcus was an enthusiastic supporter of several political figures, including Donald Trump, highlighting his views on capitalism and concerns about the spread of what he termed "socialism" in America. He frequently engaged with right-wing media, voicing his opinions on economic and political issues.

Despite his enduring legacy in the world of retail, Marcus faced controversy, especially from critics who attempted to boycott The Home Depot over his political affiliations. As Marcus himself remarked, “The woke people have taken over the world,” reflecting his staunch defense of traditional values and free speech.

The passing of Bernie Marcus is not just a loss for The Home Depot family but also a significant moment in shaping the contemporary narrative of American philanthropy, business leadership, and political discourse. His influence will undoubtedly continue to resonate in both the retail sector and the Republican Party for years to come.