Portrait of Ken Langone

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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