A pillar of corporate America for decades, he’s a co-founder of Home Depot, a former director of the New York Stock Exchange, and a world-class philanthropist. Submit a correction suggestion and help us fix it! In addition, he is best known for organizing financing for the founders of The Home Depot. He’s got an estimated net worth of $2.1 billion according to “Forbes”. He also faced several charges after giving Richard Grasso a package of $139.5 million, when he left his position of chairman and chief executive of the New York Stock Exchange; however, charges were dismissed. Kenneth Gerard Langone Sr., KSG (Knight of the Pontifical Order of St. Gregory the Great) (born September 16, 1935) is an American billionaire businessman, investor, and philanthropist, best known for organizing financing for the founders of The Home Depot.He has an estimated net worth of $3.4 billion as of February 2018 according to Forbes. While at the university he worked various jobs like a … He was elected as director of Yum! Former director, New York Stock Exchange. Brands, Inc. from 1997 to 2012. Kenneth Langone Net Worth, Age, Height, Married, wife, Children Kenneth Langone is a world-famous billionaire, businessman, investor and philanthropist. He is on the board of Database Technologies, and was a co-founder of ChoicePoint Inc., and has been a director of Yum! Most widely known as co-founder of the house Depot, he spent a while serving as director of the brand new York STOCK MARKET where he also chaired the brand new York Stock Exchange’s payment committee from 1999 to 2002. We created 23 million new jobs, turned a deficit into a surplu. He left Pressprich in 1974 and started his own venture capital firm, which he named Invemed, and the company became extremely successful enabling Kenneth to invest in other business ventures. In 2018, Home Depot, a company he is one of its founders, had revenue of $108.2 billion. Of the 400 richest Americans on the list, seven live on Long Island. The results are fact checked and confirmed by a team of editors and industry insiders. Aside from Home Depot, Kenneth had several other successful and less successful ventures; he wanted to buy the New York Stock Exchange, but the deal fell through. Ken Langone, co-founder of Home Depot, is worth $3.3 billion, but he’s still frugal, he says. About ten years ag… 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 400,000 people today. He had a house in California that was worth about $200,000 and maybe he had $70,000 or $80,000 in his net worth. is a bestseller. He graduated in three and a half years and headed back to New York, where he enrolled at New York University Stern School of Business, taking classes by night and working during the day. Kenneth Langone is a an American businessman, investor, and philanthropist and his current net worth is $2.9 billion. Kenneth Langone Net Worth is $2.6 Billion Kenneth Langone Bio/Wiki, Net Worth, Married 2018. In the past, he served as the director of the New York Stock Exchange. Kenneth Langone is a venture capitalist, investment banker and financial backer of The Home Depot, and a former director of the New York Stock Exchange. Inside Home Depot Cofounder Ken Langone's, Billionaire Ken Langone Calls Lists Like Forbes 400 'Destructive'. Why billionaire Ken Langone negotiates his cable bill Despite having a net worth of $3.3 billion, the co-founder of Home Depot is still frugal with his money. Ken is a self-made billionaire as almost everything he has today is from his investments in Wall Street. Outside entrepreneurship, Ken is a well-known philanthropist who has been involved in several charitable works with different nonprofit organizations. By the late ‘60s, he had already built a name for himself in the firm and took the job of handling Electronic Data System’s IPO in his hands., although he first had to convince Electronic Data Systems owner, Ross Perot in such an endeavor. Kenneth Langone Net Worth and salary: Kenneth Langone is an American financial backer, venture capitalist and investor who has a net worth of $3.3 billion. Kenneth Langone net worth extra. He is a well-known philanthropist; he has made numerous donations to universities, medical research centers, and other organizations. In 1978, Kenneth Langone made an early investment in Home Depot and became a cofounder with Arthur Blank and Bernard Marcus, now billionaires. Consider Home Depot co-founder Ken Langone (net worth: $2.3 billion, according to Forbes), who went ahead and compared criticisms of income inequality in America to “what Hitler was saying.” © 2020 Celebrity Net Worth / All Rights Reserved, © 2015 Celebrity Net Worth / All Rights Reserved, How Home Depot Turned Arthur Blank Into A Billionaire NFL Team Owner, Home Depot Founder Arthur Blank Donates $200 Million To Fund Arthur M. Blank Hospital. Have you ever wondered how rich Kenneth Langone is, as of mid- 2017? Other than that, he is the CEO of Geeknet, among many other successful endeavors. Co-founder, with Bernie Marcus, Pat Farrah and Arthur Blank, of Home Depot in 1979. Required fields are marked *. Furthermore, he has donated to The Children’s Oncology Society, Harlem Children’s Zone, Damon Runyon Cancer Research Foundation, and many others that help improve lives of disadvantaged children. Kenneth is Italian-American through both parents, and grew-up in a working-class family – his mother worked in cafeteria, while his father was a plumber. We work diligently to ensure that our numbers are the most accurate celebrity net worth data you will find anywhere on the internet. Best President Obama & Billionaires “We must ask for the wealthy to pay a little bit more in taxes. A guy named Bill Clinton did it. Following his NYU commencement, Langone started his business career. The estimated Net Worth of Kenneth G Langone is at least $30 Million dollars as of 17 … Langone is also a trustee of New York University. Kenneth Langone facts , KSG (born September 16, 1935) is an American businessman, investor, and philanthropist, best known for co-founding The Home Depot He has an estimated net worth of $2 That isn’t the end of his philanthropic activities; he started the Ken’s Kids organization, through which he supports youths aged 18 to 21 with disabilities in Philadelphia. According to authoritative sources, it has been estimated that Langone’s net worth is as high as $3.2 billion, an amount earned through his successful career, which started in the early ‘60s. He held several odd jobs, including working as a caddy, ditch digger, and as a butcher’s assistant. As of June 2020, he is estimated to be worth $4 billion. Born in Roslyn Heights, New York, to Italian-American working-class parents, he studied at Bucknell University. Most Influential. Kenneth Gerard Langone Sr., KSG (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 $2.7 billion according to Forbes.. Langone is a generous philanthropist. - Ken Langone. Client 9: The Rise and Fall of Eliot Spitzer, Himself - Chairman & CEO, Invemed Associates (as Ken Langone). Is He Gay? Kenneth Langone Net Worth Kenneth Langone was born on September 16, 1935 in Sands Point, New York, United States. $4.7B. How Much Is Kenneth Langone Worth? Langone's career was launched to the stratosphere after he took Ross Perot's company Electronic Data Systems public at 10x the value of what other firms had predicted. [2] He is a major … But the titan of business— Forbes values his net worth at $3.6 billion—while wildly successful, has also pledged to give half of his money away. Philanthropic efforts, not net worth, are the true measure of a man, the Home Depot co-founder says. Brands since 1997, among other positions. Perhaps best known as co-founder of The Home Depot, Ken Langone is also famous for 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. John Borley performed the ceremony. Your email address will not be published. ... Residence Sands Point, New York. He studied the home improvement business at the time, and bought a stake in Handy Dan, which is a home improvement chain. Kenneth Gerard Langone Sr., KSG (Knight of the Pontifical Order of St. Gregory the Great) (born September 16, 1935) is an American billionaire businessman, investor, and philanthropist, best known for organizing financing for the founders of The Home Depot. Langone is also the founder, chairman and CEO of Invemed Associates LLC, a New York brokerage and investment banking firm, and his recent memoir, I Love Capitalism! Home Depot has subsequently grown into a national chain with more than 300,000 employees, which has significantly increased Kenneth’s net worth. Reflects change since 5 PM ET of prior trading day. Early life. Karen Leilani Bunij and Kenneth G. Langone Jr. were married yesterday at the Newman Roman Catholic Church of the University of Arizona in Tucson. Before fame, he served at U.S. army after obtaining his higher education. Business legend Ken Langone has seen it all on his way to a net worth beyond his wildest dreams. Client 9: The Rise and Fall of Eliot Spitzer (2010)as Himself - Chairman & CEO, Invemed Associates, The 65th Annual Columbus Day Parade (2009)as Himself - Grand Marshal, Wall Street Week (2017)as Himself - Co-Founder, Home Depot, Your email address will not be published. REAL TIME NET WORTH. Kenneth is a devoted Roman Catholic and has received the Knight of St. Gregory honor by Pope Benedict XVI. All net worths are calculated through the combination of a robust methodology and a proprietary algorithm. Kenneth Gerard Langone Sr., KSG (Knight of the Pontifical Order of St. Gregory the Great) (born September 16, 1935) is an American billionaire businessman, investor, and philanthropist.He is best known being co-founder of The Home Depot.He has a net worth of $4.4 billion as of June 2020 according to Forbes.. Philantrophy. Billionaire Home Depot Co-Founder Bernie Marcus Giving 90% Of His Fortune Away, Part of It To Re-Elect Trump, How Growing Up Poor Taught Home Depot Co-Founder To Be A Billionaire, These Incredibly Generous Billionaires Would Rather Give Their Money Away To Charity Than Let Their Kids Waste It. Kenneth Langone was born in Roslyn Heights, New York, to Italian American working-class parents. — Ken Langone (@KenLangone) November 2, 2018 As of April 2019, Kenneth has a net worth of $3.7 billion. Kenneth Langone Net Well worth: Kenneth Langone can be an American monetary backer, venture capitalist and investor who includes a net well worth of $2.6 billion. On July 8, 2010, Geeknet announced that Kenneth Langone was elected Chairman of its Board of Directors and is now serving as CEO. Some of his donations include $11 million to his alma mater, Bucknell University, and $6.5 million to NYU’s Stern School to fund the Kenneth G. Langone Part-time Evening MBA program. As a result, Kenneth became president of Pressprich in 1969, just a year after the successful enterprise. Also, he and his wife gave $200 million to the NYU Medical Center, which was soon renamed to NYU Elaine A. and Kenneth G. Langone Medical Center. In all, Forbes says the net worth of the 400 was a record high of $2.9 trillion and half of that belongs to just the 45 richest people in the country. He built on this experience for some 10 years, after which he organized financing for Arthur Blank and Bernard Marcus to found Home Depot. And by the way, we’ve tried that before. Mr. Langone was a co-founder, and served as a director from 1978 to 2008, of The Home Depot, Inc. Mr. Langone was a director of ChoicePoint Inc. from 2002 to 2008, Geeknet, Inc. from 2010 to 2015, General Electric Company from 1999 to 2005 and YUM! Kenneth Langone Net Worth. He then befriended Handy Dan’s CEO, and CFO, Bernard Marcus, and Arthur Blank, with whom he co-founded Home Depot. In 2020, Kenneth Langone's net worth was estimated to be $2.6 Billion. Born Kenneth Gerard Langone on the 16th September 1935, in Roslyn Heights, New York USA, he is a businessman and investor, best known to the world as one of the key people in founding The Home Depot, since he secured the necessary capital. American financial backer, venture capitalist, and investment banker Kenneth Langone has an estimated net worth of $3 billion as of April 2016 according to Forbes. Kenneth is Italian-American through both parents, and grew-up in a working-class family – his mother worked in cafeteria, while his father was a plumber. 714 of 1,826 on Forbes' global billionaires list earlier this year, with an estimated net worth of $2.6 billion. Mr. Langone owns over 18,317 units of Unifi stock worth over $11,932,700 and over the last 17 years he sold UFI stock worth over $4,995,250. He is a major donor to the Republican Party. as of 12/22/20. https://twitter.com/kennethlangone?lang=en, New York University Stern School of Business, What’s Rapper Icejjfish Net Worth? After graduating, Langone worked some menial jobs in the insurance industry before landing a position at a financial services firm. After finished high school, Kenneth enrolled at Bucknell University in Pennsylvania graduating with a BA, but had to work to support his studies. 01:35 Prior to launching Home Depot, both Marcus and Arthur were fired from Handy Dan, after Kenneth sold his stake in Handy Dan to Sanford Sigiloff, CEO of The Daylin Corporation, which is Handy Dan’s parent company. 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. Aside from his sound business acumen, Mr. Langone is a great philanthropist who has donated more than $200 million to various causes as of this writing and is a member of Warren Buffett's Giving Pledge. Soon after graduation, he joined the financial services company R.W. The Rev. Regarding his personal life, Kenneth has been married to Elaine Langone since 1956, and the couple has three children together. Brands effective October 7, 1997, and is a member of the Audit Committee. Wiki: Sister, Family, Age, Roslyn Heights, Town of North Hempstead, New York, United States, New York University Stern School of Business, New York University, Bucknell University. He was 49, and he took a chance on a start-up. With a business career of more than 60 years, Ken Langone has made a fortune on Wall Street. Born Kenneth Gerard Langone on the 16th September 1935, in Roslyn Heights, New York USA, he is a businessman and investor, best known to the world as one of the… Langone has an estimated worth of $1.3 billion. His primary source of income is investments and self-made business. $6 M | 0.12%. Kenneth Langone Net Worth $3.2 Billion. The estimated Net Worth of Kenneth G Langone is at least $17.1 Million dollars as of 13 February 2020. 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. Pressprich. Nam W Baek. Kenneth Langone Net Worth: Kenneth Langone is an American financial backer, venture capitalist and investor who has a net worth of $2.6 billion. Born Kenneth G. Langone on September 16, 1935 in Roslyn Heights, New York, he was a child of working class parents. Latest. 714 of 1,826 on Forbes' global billionaires list earlier this year, with an estimated net worth of $2.6 billion. 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