FamousPeopleFacts - Kenneth Langone
Kenneth Langone - famouspeoplefacts.com

Kenneth Langone

Date of Birth: September 16, 1935

Zodiac Sign: Virgo

Biography

Kenneth Langone is an American businessman and philanthropist best known for co-founding The Home Depot, a leading home improvement retailer. Born into a working-class family, Langone’s rise to wealth and success is a classic rags-to-riches story. He began his career on Wall Street, working his way up through various positions before founding Invemed Associates, an investment banking and brokerage firm. His major breakthrough came when he teamed up with Bernard Marcus and Arthur Blank to start The Home Depot in 1978. Beyond his business endeavors, Langone is also known for his philanthropic contributions, particularly to New York University, where he has funded several initiatives including the Langone Medical Center. His life and career have been characterized by a strong work ethic, strategic vision, and a commitment to giving back to the community.

5 Interesting Facts about Kenneth Langone

1. Kenneth Langone was born into a blue-collar family in Roslyn Heights, New York.

2. He co-founded The Home Depot with Bernard Marcus and Arthur Blank in 1978.

3. Langone funded the entire tuition for all NYU medical students in perpetuity through a $100 million donation.

4. He is a major supporter of the Republican Party and has made significant political contributions.

5. Langone authored a book titled “I Love Capitalism!: An American Story,” which outlines his business philosophy and career achievements.

5 Most Interesting Quotes from Kenneth Langone

1. “Capitalism works, and I’m living proof.”

2. “I don’t wake up in the morning and say, ‘Wow, what can I do to make the stock go up today?’ I wake up and say, ‘What can I do to make the company better?’”

3. “If you want to succeed, you should strike out on new paths, rather than travel the worn paths of accepted success.”

4. “There are no shortcuts to any place worth going.”

5. “The most important thing in life is to have a sense of purpose.”

Highest Net Worth Achieved

The highest net worth achieved by Kenneth Langone is estimated to be around $3.3 billion.

Children

Kenneth Langone and his wife, Elaine Langone, have three children: Kenneth G. Langone Jr., Stephen Langone, and Bruce Langone.

Relevant Links

1. [Kenneth Langone Biography – Forbes](https://www.forbes.com/profile/kenneth-langone/

2. [Kenneth Langone – The Home Depot Story](https://www.investopedia.com/articles/investing/090116/story-behind-home-depot.asp

3. [NYU Langone Health Donation](https://www.nytimes.com/2018/08/16/nyregion/nyu-free-tuition-medical-school.html

4. [Kenneth Langone’s Book – I Love Capitalism!](https://www.amazon.com/Love-Capitalism-American-Ken-Langone/dp/073521624X

5. [Ken Langone’s Philanthropy Efforts](https://www.wsj.com/articles/ken-langones-next-act-free-nyu-med-school-1534449601

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *