Kenneth Langone’s profile picture

Kenneth Langone

Kenneth Langone’s profile picture
Net worth 2018: $3.24 Billion
Industry: Investments
Residence: Sands Point, New York
Country: United States
BirthDay: 16 September 1935
Sigh: Libra
Children: 3
Education: Bachelor of Arts / Science, Bucknell University; Master of Business Administration, Leonard N. Stern School of Business
BIOGRAPHY

Kenneth Langone was bornon 16 September 1935 in Sands Point, New York, United States. Kenneth Langone is #714 in List Billionaires People In The World. In 1978, Kenneth Langone made an early investment in Home Depot and became a cofounder with Arthur Blank and Bernard Marcus, now billionaires. The grandson of Italian immigrants, Langone dug ditches for the Long Island Expressway before he went to Bucknell University to study economics. After two years in the U.S. army, he made a name for himself on Wall Street, taking Ross Perot Sr.'s Electronic Data Systems public in 1968.

NET WORTH STATISTIC
2010

$1.1 Billion

2011

$1.3 Billion

2012

$1.6 Billion

2013

$2.1 Billion

2014

$2.4 Billion

2015

$2.8 Billion

2016

$2.8 Billion

2017

$3 Billion

2018

$3.24 Billion

Bernard Baruch said "I got rich by selling soon." I got rich by never selling.

Kenneth Langone
TIMELINE
2017

Langone is portrayed by actor Ray Iannicelli in the 2017 HBO Films production The Wizard of Lies

2010

On July 8, 2010, Geeknet announced that Kenneth Langone was elected Chairman of its Board of Directors and is now serving as CEO

2008

In 2008, Kenneth and Elaine Langone made an unrestricted $200 million gift—the largest in the Medical Center's history—and the NYU Medical Center was subsequently renamed the NYU Elaine A

2004

He was a codefendant with Richard Grasso in the 2004 prosecution by Eliot Spitzer over a controversial package of $139

2001

Langone served on the board of General Electric in 2001

1997

"He was elected as director of Yum! Brands effective October 7, 1997, and is a member of the Audit Committee

1974

In 1974, Langone left to form a new firm, named Invemed – a venture capital firm

1969

In 1969, Langone would be named Pressprich’s president

1968

In 1968 Langone met and wooed Ross Perot into letting Pressprich handle Electronic Data Systems's IPO

1960

In the early 1960s, Langone began his career at a Wall Street financial services company named R

1935

, KSG (born September 16, 1935) is an American businessman, investor, and philanthropist, best known for organizing financing for the founders of The Home Depot

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