A multifunction display stand configured to support a display, the display stand can include a display mount assembly configured to mount to and support a display, a hub assembly comprising a recess configured to receive a modular unit positioned therein, the modular unit comprising one of: a lighting unit, a mobile power supply unit, an air purifier unit, and a speaker unit, and a legs or other type of support assembly. The modular units can be selectively installed within the recess to provide additional functionality for the display stand as desired.