Bernard Marcus, cofounder of The Home Depot and billionaire Republican megadonor, has died

Bernard “Bernie” Marcus, the billionaire Home Depot cofounder and a Republican megadonor, who in recent years became an outspoken supporter of Donald Trump, has died, according to an internal memo obtained by CNN. He was 95.

Marcus, who had a net worth of about $7.4 billion, according to Bloomberg’s Billionaire Index, gained his fortune from establishing the Home Depot with Arthur Blank in 1978. The duo grew the orange-clad retailer into a retail behemoth that now has 2,300 stores and a stock market valuation of nearly $400 billion.

Marcus was Home Depot’s CEO until 1997 and served as the company’s chairman until his retirement in 2002.