{"id":392,"date":"2023-04-27T00:26:23","date_gmt":"2023-04-27T00:26:23","guid":{"rendered":"https:\/\/ceoww.com\/?p=392"},"modified":"2023-11-20T08:14:29","modified_gmt":"2023-11-20T08:14:29","slug":"hobby-lobby-ceo-david-green","status":"publish","type":"post","link":"https:\/\/ceoww.com\/hobby-lobby-ceo-david-green","title":{"rendered":"From $600 to billionaire: story of Hobby Lobby CEO David Green"},"content":{"rendered":"\n

David Green, the founder and CEO of Hobby Lobby, is a billionaire<\/a> and a successful businessman. With an estimated net worth of around $9.5 billion according to Forbes, he is one of the most influential figures in the arts and crafts industry and an inspiring leader who has overcome numerous challenges throughout his career. Green’s story is a true testament to the power of hard work, perseverance, and faith.<\/p>\n\n\n\n

Green was born in Oklahoma City, Oklahoma, in 1941. He grew up in a Christian family and was raised to have strong values and a deep faith. As a young man, he worked as a store clerk and a salesman, learning valuable skills and gaining experience in the retail industry.<\/p>\n\n\n\n

In 1970, Green and his wife Barbara decided to start their own business, with the aim of providing high-quality arts and crafts supplies at affordable prices. They opened their first store, Hobby Lobby, in Oklahoma City, with just $600 in startup capital. The store was a success, and the Greens soon opened more locations across Oklahoma and neighboring states.<\/p>\n\n\n\n

Over the years, Hobby Lobby grew into a national chain with over 900 stores across the United States, employing over 40,000 people. Green’s entrepreneurial spirit and dedication to his customers and employees have made him a highly respected figure in the business world.<\/p>\n\n\n\n

Green’s success hasn’t come without its share of challenges. In 1995, Hobby Lobby was sued by the federal government for allegedly importing artifacts from Iraq without proper documentation. The case dragged on for years, and Green faced the possibility of losing his business and his reputation.<\/p>\n\n\n\n

However, Green refused to back down and remained steadfast in his faith and his commitment to his principles. He eventually reached a settlement with the government, but the experience left a lasting impact on him and his company.<\/p>\n\n\n\n

In 2014, Green again made headlines when he sued the federal government over the Affordable Care Act’s contraceptive mandate, arguing that it violated his religious beliefs. The case went all the way to the Supreme Court, where Green and Hobby Lobby emerged victorious.<\/p>\n\n\n\n

Green’s faith has been a driving force in his life and his business. He has always been vocal about his Christian beliefs and has made it a priority to run his company according to his values. He closes all his stores on Sundays, so his employees can spend time with their families and attend church.<\/p>\n\n\n\n

Green has also been a generous philanthropist, donating millions of dollars to various Christian organizations and causes. In 2017, he opened the Museum of the Bible in Washington D.C., a massive institution dedicated to the history and influence of the Bible.<\/p>\n\n\n\n

Green’s story is an inspiring one, full of lessons for aspiring entrepreneurs and business leaders. Here are some of the key takeaways:<\/p>\n\n\n\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n