KDRM News

Hobby Lobby founder and billinaire giving away fortune

EAST WENATCHEE – In an opinion piece he wrote for Fox News, Hobby Lobby founder and owner David Green says he’s giving away his arts and crafts empire because he “found God.” Green is a devout christian who founded the retail giant in Oklahoma in 1972. At 80 years old, Green is now worth an estimated $13.7 billion.
Green says his decision to give away the company was driven by his faith.The billionaire did not divulge how the transfer of ownership will unfold or when it will happen, but it’s been reported that he will give it to a trust.
-0-

Exit mobile version