Kenneth Langone Net Worth is$2.1 Billion
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Nickname: Kenneth G. Langone, Kenneth Gerard Langone
Profession: Businessperson
Nationality: Italy
Date of Birth: September 16, 1935
Place of Birth: Roslyn Heights
Kenneth Langone Net Worth: Kenneth Langone is an American financial backer, venture capitalist and investor who has a net worth of $2.1 billion. Best known as co-founder of The Home Depot, he spent some time serving as director of the New York Stock Exchange where he also chaired the New York Stock Exchange's compensation committee from 1999 to 2002. In July 2010, he was elected chairman of the Board of Directors of Geeknet, a public online-retailer, and he is now serving as company's CEO. Born Kenneth G. Langone on September 16, 1935 in Roslyn Heights, New York, he was a child of working class parents. Thus, Langone had to work several blue-collar jobs to pay for his education at Bucknell University and New York University Stern School of Business. It was upon graduation that he embarked on his business career. As Langone's launching pad is seen the IPO deal that he set up for Ross Perot's company Electronic Data Systems. He went on to build up his experience for some 10 years, after which he organized financing for Arthur Blank and Bernard Marcus to found Home Depot. Not only it's regarded to be Langone's most notable business venture, the retailer of home improvement and construction products and services has also turned into a national chain that employs over 300,000 people today. Aside from his sound business acumen, Mr. Langone is a great philanthropist who has donated more than $150 million to date. A notable donor to New York University on two occasions, he also made generous contributions to The Children's Oncology Society (Ronald McDonald House), Robin Hood Foundation, Damon Runyon Cancer Research Foundation, Tomorrow's Hope Foundation, and Harlem Children's Zone.
Kenneth G. Langone (born September 16, 1935) is an American businessman and investor best known for co-founding The Home Depot. He has an estimated net worth of $2.1 billion according to Forbes.

Kenneth Langone was born in Roslyn Heights, New York, to working-class parents. His father was a plumber and his mother a cafeteria worker. As a student at Bucknell University, Langone worked various blue collar jobs, and was a butcher's assistant, a caddy, and a ditch digger. While at Bucknell, Langone became a member of the Sigma Chi Fraternity. After graduating in three and a half years, Langone headed back to New York, this time to Manhattan instead of Roslyn Heights. There he attended New York University Stern School of Business at night, while working full-time during the day. That part-time evening program now bears his name, and is known as the "Langone Program" at NYU.
Following his NYU graduation, Langone began his business career. After some time, his launching pad was the IPO deal he set up for Ross Perot's company Electronic Data Systems.
Building up his experience over the next decade, Langone began to study the home improvement business and eventually bought stock in Handy Dan, a home improvement chain. This led to a relationship between Langone and both Handy Dan CEO Bernard Marcus and CFO Arthur Blank. Although a minority shareholder, Langone effectively protected Marcus from issues that arose between Marcus and Sanford Sigiloff, the CEO of The Daylin Corporation, Handy Dan's parent company. Marcus, however, felt that if Langone sold his interest in Handy Dan, it may actually improve his relationship with Sigiloff. Shortly after Langone sold his Handy Dan stock both Marcus and Blank were fired. Langone organized financing for Marcus and Blank to found Home Depot. Now a national chain with over 300,000 employees, it is Langone's most notable business venture.
Kenneth Langone has contributed almost $150 million to various charities. His phi

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Kenneth Langone Latest News

Ken Langone: 'American People Are Fed Up and Disgusted'

Home Depot co-founder Ken Langone thinks the American people “are fed up and disgusted” with the U.S. political system in general and called for term limits. The CEO of the venture capital fund Invemed Associates says while he will still vote for ...
Posted: October 14, 2016, 6:41 am

Billionaire Businessman Ken Langone has weak outlook on World

Co-founder of Home Depot, Ken Langone described the U.S. economy as “at best, tepid,” Tuesday on CNBC. “I don’t know what the hell people are saying about prosperity in the world. I don’t see it,” he told “Squawk Box” in an interview.
Posted: October 25, 2016, 1:00 am

Langone: Fixing the US education system

Ken Langone, Invemed Associates chairman, says if the U.S. does not fix its education system the nation will not be able to solve its long-term economic needs and challenges. Eli Lilly CEO: Kept our guidance range intact
Posted: October 25, 2016, 5:35 am
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