HOBBY LOBBY is a chain of retail stores that primarily sell materials for arts and crafts.
The company has over 1000 stores across the United States.
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Who owns Hobby Lobby?
Hobby Lobby is a chain of retail stores that primarily sell materials for arts and crafts.
The company is owned by David Green, who still operates as the company's chief executive officer.
Hobby Lobby is privately owned, with Green as the sole proprietor.
Who is David Green?
David Green was born on November 13, 1941, in Emporia, Kansas.
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He grew up in Oklahoma, where his father was a pastor with a small congregation.
A devout Christian, Hobby Lobby stores are closed on Sundays to allow employees time to worship.
In 2014, Green won a Supreme Court case that exempted companies with strong religious beliefs from providing employees with emergency contraceptives.
Green has a net worth of $15.3 billion, as of February 2024, according to Forbes.
Green is married and has two children.
He has said that he will donate 90% of his wealth to charity and leave the remaining 10% to his family.
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When was Hobby Lobby founded?
David Green started Hobby Lobby in 1970 as a home business in his garage, assembling and selling miniature picture frames.
He borrowed a loan of $600 to fund the business.
The first Hobby Lobby store opened in Oklahoma City in 1972. By 1992, the company had expanded to 50 stores across seven states.
As of 2024, the company has expanded to over 1000 locations with an estimated $7.9 billion in sales.
