Rank #343
Ken Langone
Net worth $9.9B
Investments · United States
- Born
- Sep 16, 1935
- Age
- 90
- Source
- Investments
- Residence
- Sands Point, New York
- Citizenship
- United States
- Marital status
- Married
- Children
- 3
- Education
- Bachelor of Arts/Science, Bucknell University; Master of Business Administration, Leonard N. Stern School of Business
Net worth over time
Biography
- In 1978, Ken 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.
- Langone, who gave $200 million to NYU's hospital a decade ago, pledged $100 million to its School of Medicine in 2018. School is tuition-free.
- A devout Catholic, he donated $100,000 to the restoration of the Notre Dame Cathedral.
- He donated $10 million to NYU's part-time MBA program in 1999 and $200 million to the university's medical center in 2008, which was renamed NYU Langone Health.
- In 2018, he published his memoir "I Love Capitalism!" which quickly became a New York Times Bestseller.
Financial assets
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