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The Independent UK
The Independent UK
National
Josh Marcus

Controversial Hobby Lobby CEO says he’s giving away company ownership because ‘wealth can be a curse’

The billionaire CEO of the Hobby Lobby chain of craft stores says he’s giving away his ownership in the company to a trust because “wealth can be a curse” and he wants to be a steward of “what God has given us."

"Wealth can be a curse and, in most cases, if you drill down on it, wealth is a curse in terms of marriage, children and things of that nature; so we’re stewarding our company and, therefore, our children come to work, and they get what they earn… it’s a paradigm change from ownership that can really wreck a family," David Green told Fox and Friends Weekend this weekend.

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