Ken Langone Sr., often referred to as KSG, is an American business mogul, entrepreneur, and philanthropist better remembered for arranging finance for The Home Depot’s founders. He has been a significant contributor to the Republican Party.
He is a millionaire businessman, investor, and philanthropist from the United States. This piece will include data on his bio, career, and net worth for anyone interested in learning more about him.
Biography
Ken Langone, the co-founder of Home Depot, was raised by a family with great affection but not a large amount of money. His father, who only finished eighth grade, was a plumber, and his mother, who only finished seventh grade, served as a chef in the school canteen.
Langone told CNBC that they went “paycheck to paycheck” in a residence that was cozy in the winter but scorching in the summer since they didn’t have air conditioning. Langone finished high school, his undergraduate studies, earned his MBA and served Wall Street until co-founding Home Depot.
Early life
Kenneth Langone opened his eyes to working-class Italian American parents in Roslyn Heights, New York. His father was a plumber, while his mother worked at a restaurant. Langone’s family is said to have “a lot of affection but not a great deal of money.” He attended Bucknell University and the New York University Stern School of Business.
Ken Langone Married Life
He began his career in 1960 when working at a Wall Street financial service firm called R.W Pressprich, where he was employed to build a new industry. In 1986, he encountered and convinced Ross Perot to allow Pressprich to manage the IPO of Electronic Data Systems. From 1999 to 2003, he was also the head of the New York Stock Exchange’s Compensation Committee. He has received a lot of interest from the public, and he is now well-known all around the world.
Ken Langone Career
He is a married celebrity who is currently looked up on the web. He has three kids, Kenneth G. Jr., Stephen, and Bruce Langone, through the grace of God. He resides in Sands Point, New York, and formerly lived on Elderfield’s Road in adjacent Flower Hill. Langone is a part of Kappa Beta Phi as well.
Net Worth
According to the report, his total assets as of 2022 are $5.6 billion. People are perplexed by his source of money, which he derives from his business and investments. Many individuals are now seeking his profile.
Ken Langone Facts
- Ken Langone made a solid contribution to Home Depot and was a partner alongside billionaire Arthur Blank and Bernard Marcus in 1978.
- Langone, the grandchild of Italian immigrants, worked on the Long Island Expressway before attending Bucknell University to major in economics.
- After serving in the United States Army for two years, he earned a reputation for himself on Wall Street by bringing Ross Perot Sr Electronics Data Systems public in 1968.
- Langone, who provided $200 million to NYU’s hospital a decade earlier, donated $100 million in August 2018 to the School of Medicine. School is completely free.
- He gave $100,000 to the renovation of Notre Dame Cathedral as a fervent Catholic.
