David Green & family
Overview
- Source of Wealth
- Retail
- Industry
- Fashion & Retail
- Residence
- Oklahoma City, Oklahoma
- Organization
- CEO at Hobby Lobby
- Education
- High School (Diploma)
- Marital Status
- Married
- Children
- 3
Biography
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.