Kenneth Langone Biography– Kenneth Gerard Langone Sr. (KSG) is an American billionaire businessman, investor, and philanthropist who is best known for arranging financing for The Home Depot’s founders. He has been a prominent Republican Party donor.
Kenneth Langone was born to Italian American working-class parents in Roslyn Heights, New York. His father worked as a plumber, and his mother worked at a cafeteria.
“A lot of affection, but not a lot of money,” has been said of Langone’s family. He attended Bucknell University and the Stern School of Business at New York University.
Who is Kenneth Langone?
Kenneth Langone is an American businessman, philanthropist, and investor with a net worth of $2.9 billion.
He attended Bucknell University after being born in Roslyn Heights, New York, to Italian-American working-class parents.
He worked as a butcher’s assistant, a caddy, and a ditch digger while attending university. He joined the Sigma Chi fraternity when he was there.
He returned to New York after graduation, but this time to Manhattan rather than Roslyn Heights.
Kenneth Langone Net Worth: How much does he have?
Kenneth Langone has a net worth of $3.5 billion and is an American financial supporter, venture capitalist, and investor.
Ken Langone is best known as the co-founder of The Home Depot, but he has also served as a director of the New York Stock Exchange, where he chaired the remuneration committee from 1999 to 2002.
Kenneth Langone Career
In the early 1960s, he began his work at a Wall Street financial services firm. He quickly rose through the ranks of the company, becoming a key player in the development of new business.
He became the company’s president after meeting and impressing Ross Perot into allowing Pressprich to handle Electronic Data Systems’ IPO.
Then, in the early 1970s, he departed the company for a new venture that would go on to be enormously successful.
He began studying the home improvement industry about the same time. After purchasing stock in Handy Dan, a home improvement retailer, he developed a friendly relationship with the company’s CEO and CFO.
When a feud arose between CEO Bernard Marcus and the CEO of The Dalyin Corporation, he stepped in to defend Marcus.
Marcus and Blank were fired when Langone sold his Handy Dan stock. Then he arranged for Marcus and Blank to be able to start Home Depot.
Kenneth Langone Age: How old is he?
Kenneth Langone Age is 86 years, born on September 16, 1935 in Roslyn Heights, New York, United States.
Kenneth Langone Wife: Elaine Langone
Kenneth Langone is married to Elaine Langone. Elaine Langone is most known as the wife of Ken Langone, the organizer behind The Home Depot’s financing.
Elaine Langone’s spouse Ken is worth around $4 billion as of 2022, according to her net worth. Her personal net worth, on the other hand, is unknown.
There is currently nothing to focus on in terms of Elaine Langone’s maternal family life. This implies you won’t find anything on the internet regarding her parents or siblings.
Elaine Langone and her husband are also the parents of three children. Kenneth G. Langone Jr., Stephen Langone, and Bruce Langone are their names.