Kenneth G. Langone
Ken Langone was born in Roslyn Heights, New York to working class parents in a close-knit Italian family. His father earned a living as a plumber and his mother worked in a cafeteria. Despite warnings from Ken Langone’s high school principal not to waste money sending Ken Langone to college, the Langones mortgaged their house so that their son could attend Bucknell University in Pennsylvania. To help pay for school, an ambitious Ken Langone worked as a ditch digger, caddy, and butcher’s assistant. He graduated from Bucknell in years with a BA in Economics. After graduating, Ken Langone found work in the investment department of Equitable Life Assurance Company, where he worked full time while attending night classes four nights a week at the New York University School of Business. He obtained his MBA from NYU in Today, the New York University sponsors a night school program called the “Langone Program” in the Leonard Stern School of Business with curriculum that includes Ken Langone’s business model.
After completing his college education, Ken Langone joined the United States military and completed two years of service in the United States Army.
Early Caree
In , 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 Langone, who gave $ million to NYU’s hospital a decade ago, pledged $ million to its School of Medicine in August School is tuition-free. A devout Catholic, he donated $, to the restoration of the Notre Dame Cathedral. You might be interested to know more about Ken Langone. So, in this article, we discussed all information about Ken Langone’s net worth, wiki, bio, career, height, weight, family, pics, affairs, car, salary, age, and other details in Continue reading to discover who is Ken Langone.
Ken Langone Biography
Do you wanna know the Ken Langone’s full Biodata? Ken Langone, also known as Kenneth Gerard Langone is an Entrepreneur. He was born in Roslyn Heights, New York, U.S. on 16 September, He is 87 years old. Take a look at the following table for more
Ken Langone, the second of two sons, was born in in Roslyn Heights, New York. Neither of his parents, who were the children of Italian immigrants, attended school beyond junior high. Langone's father was a plumber, and his mother worked in the cafeteria at the small public school across the street from their house.
During Langone's youth, the Great Depression had weakened the economy, and his father worked only sporadically. As an hourly union laborer, his father would be laid off at the end of a project until a new project began. In addition to financial struggles, Langone's father suffered from manic depression. When he went into what the family referred to as "dark periods," Langone's mother would take charge. "My mother never complained," he says. "She had an enormous sense of optimism, and I got that from her. Both my parents had a wonderful capacity to give their sons unconditional love. It wasn't for sale, and it wasn't traded. It didn't come with good grades or get lost with bad grades. They could be unhappy or angry, but underneath it all there was this enormous, endless well of unconditional love. That was a powerful force behind me when I later moved out into a comp
Ken Langone: From Broke Student to Home Depot Multi-Billionaire
Doers Get More Done: The Rags to Riches Story of Home Depot Founder, Investor, and Philanthropist Ken Langone
$ That was the amount Ken Langone needed to finish paying for his final semester at Bucknell. But he didn't have it. He and his wife, as he recalls, were as poor as church mice. Without the money, he would have dropped out.
Luckily for Ken, the dean's assistant graciously lent him the money. Although he repaid the loan a long time ago, he still feels indebted to his alma mater.
The ROI for that meager $ loan is something Bucknell University will never forget. Today, Ken and his wife—both alumni—remain the school's biggest donors.
Here's how a $ loan helped a student co-found one of the biggest brands in the DIY industry without forgetting his humble beginnings.
A Long Island Boy with an American Dream
Ken Langone made his grand entrance into the world on September 16, His Italian-American parents were working-class citizens. Neither of his parents went to high school. His dad worked as a plumber, and his mom was a cook in a school cafeteria. Money was tight, to say the least.
Growing up in a
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