Search results
According to Forbes magazine, Langone's net worth as of 2024 is approximately $8 billion. [13] Political involvement and campaign donations. Langone is a major donor to the Republican Party. [2] .
- A Long Island Boy with An American Dream
- From Wall Street to Entrepreneur
- Building A Home Improvement Empire
- Doers Get More Done
- How Did Ken Langone Make His Money?
- What Is Ken Langone's Net Worth?
- A Family That Gives Together
- Giving Back: Ken Langone and NYU
- What Are Ken Langone's Political Views?
- What Does Ken Langone Think About Capitalism?
Ken Langone made his grand entrance into the world on September 16, 1935. His Italian-American parents were working-class citizens. Neither of his parents went to high school. His dad worked as a plumber, and his mom was a cook in a school cafeteria. Money was tight, to say the least. Growing up in a paycheck-to-paycheck home helped instill the val...
In the early 1960s, Ken began his first white-collar job for a Wall Street financial services company. He was very successful and quickly moved up the corporate ladder. Ross Perottook a liking to Ken. In 1968, Perot put Ken in charge of the IPO for his company, Electronic Data Systems. Wanting to work for himself, Ken formed his own venture capital...
In 1978, Ken met with Bernie Marcus for breakfast. However, this meeting was about much more than eggs and bacon. Bernie had just lost his job at Handy Dan, a home-improvement chain, and he wanted to vent to Ken about how poorly upper-level executives had treated him. That meeting sparked a lightbulb moment. What if Ken and Bernie started their own...
Ken never wanted to be a silent partner. When he co-founded Home Depot, he worked his tail off to obtain funding and open stores. As someone who came from a lower socioeconomic class, he wanted to treat every employee well. Income inequality is one of the greatest problems in the U.S., according to Ken. While he doesn't necessarily believe in a gov...
While co-founding Home Depot made Ken Langone wealthy, it's not the only way he earns a living. Even as a co-founder, he's never owned more than 15% of the company. How did this regular guy become a billionaire? In Ken's own words, "I'm a stockholder. I own a lot of stocks." Ken enjoys raising money and funding companies. The thrill of the hunt is ...
It's only natural to wonder how much money Ken brings home in a year. Well, unless you're Ken. Ask him how much he's worth, and you'll get a blunt response. "I don't really know, and I don't care what I'm worth." But for those who do care, Ken Langone has an estimated net worth of $4.7 billion.
Ken Langone married the love of his life, Elaine, over 60 years ago. The couple has three children. As a devout Roman Catholic, Ken Langone has always believed in charity. Even though he lives a very frugal life, he's not afraid to open his wallet for philanthropic causes. As he told The Philanthropy Roundtable, "We [Ken and Elaine] realized how go...
As an alumnus of NYU and a former teacher, the university holds a special place in Ken's heart. Since 1997, he's served as a trustee and became chairman of the medical center's board in 1999. Ever since he accepted that $300 loan to finish school, he's remained indebted to it. He's been a prominent NYU donor for decades. In 1999, Ken and Elaine Lan...
Ken is a longtime Republican and a top donor to the party. That doesn't mean he always endorses Republican candidates, however. He votes on how a candidate's views align with his own. In 2014, he supported Democrat Andrew Cuomo in his re-election campaign for New York Governor.
If capitalism had a mascot, there's a good chance it would be Ken Langone. His story is not only inspirational, but it's also an ode to what's possible, thanks to capitalism. He wasn't born into an affluent family. At times, his boots didn't even have straps to help pull himself up. However, he never lost sight of the American dream. "America has t...
Jul 24, 2018 · Daylin owned 81% of the stock while Ken Langone owned 16% of the 19% public stock, but corporate infighting created such a stressful situation that Langone forced the sale of his Handy Dan...
- Walter Loeb
6 days ago · Langone, who gave $200 million to NYU's hospital a decade ago, pledged $100 million to its School of Medicine in August 2018. School is tuition-free.
Ken Langone: The Generosity of Time. “A kid asked me one time, what’s your net worth? I blurted it out – I never thought about it, ‘My net worth is what good I do with what I have,’ and I believe that.”. Billionaire Ken Langone, one of the founders of The Home Depot, grew up poor.
That didn’t worry Langone; raising money was his specialty. Langone hit the pavement to find investors for what is today the $220 billion global chain Home Depot. It was a steep climb from his working-class background.
People also ask
How much money did Ken Langone need?
How did Ken Langone grow up?
How did Ken Langone influence Home Depot?
Who is Ken Langone?
Follow Joe https://twitter.com/jtlonsdale & find his writings here: https://blog.joelonsdale.com/Ken Langone's father was a plumber and his mother a cafeteri...
- 44 min
- 71.4K
- American Optimist
