|Real Name/Full Name:
|Kenneth Gerard Langone
|88 years old
|16th September 1935
|Roslyn Heights, New York
|Children/Kids (Son and Daughter):
|Yes (Kenneth Gerard Langone Jr, Stephen Langone, Bruce Langone)
|Is Ken Langone Gay?:
|Net Worth in 2024:
One of those American businessmen known for his philanthropic work is Ken Langone. From his own words, Ken says he was really challenged by a kid who asked him his net worth. From there onwards, he purposed his net worth will be good he does with what he has and not how much cash he has in his bank accounts. Among those who have benefitted from his philanthropic work is the founder of The Home Depot Inc, a company that supplies construction products, services, and tools. Politically, he is a Republican party member as well as of its major donors.
Maybe you know about Ken Langone very well, but do you know how old and tall is he and what is his net worth in 2024? If you do not know, we have prepared this article about details of Ken Langone’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.
Early Life & Biography
Kenneth Gerard Langone was born to his parents on 16th September 1935 in Roslyn Heights, New York. He was born in a working-class family as his father was a plumber when his mother used to work in a cafeteria. According to Ken, though his family lived a paycheck to paycheck and in a house that was only warm during winter, the only thing that was in plenty in his family was love. After graduating from high school, he went to further his studies at Bucknell University and later to New York University, where he got his MBA.
Ken is married to his childhood sweetheart Elaine Langone who they have now been married for 62 years. Among the thing that differentiates him from many people is his undying love for his wife. Though a philanthropist, Ken always minds his expenditures, one of the things he doesn’t mind is treating his loving wife. Today, Ken and his family live in Sands Point in New York.
Matters of faith are also dear to Ken as he is known to be a devout catholic. This got high recognition when Pope Benedict XVI made him a Knight of St Gregory. He is also a known member of a secret society, better known as Kappa Beta Phi, which is well known to be made up of top business executives in the USA.
Age, Height, and Weight
Being born on 16th September 1935, Ken Langone is 88 years old as of today’s date 21st February 2024. His height is 1.8m tall, and his weight is 95 kg.
At the age of 25 years, Ken began working for R.W Pressprich Company with the role of helping develop new business, and that’s how he began his business career. In Pressprich, he climbed the executive ladder till he became the company’s president in 1969. In 1974 he formed the Venture capital firm where he would go on and finance Marcus and Blank, who founded Home Depot Company. Today the company has revenue of more than $100 billion with around 400,000 workers.
From 1999-2003 Ken Langone was the chairman of the New York Stock Exchange. His reign at the NYSE didn’t go very smoothly as in 2004, and he was named in a lawsuit for approving a pay package to his predecessor worth $100 million. The lawsuit would later be dismissed by the NEW York Court of Appeal in 2008 on grounds the NYSE had changed status from non-profit to profit organization by then.
Net Worth & Salary of Ken Langone in 2024
With a business career of more than 60 years, Ken Langone has made a fortune on Wall Street. As of February 2024, he is estimated to be worth $4 billion. In 2018, Home Depot, a company he is one of its founders, had revenue of $108.2 billion. Ken is a self-made billionaire as almost everything he has today is from his investments in Wall Street.
Outside entrepreneurship, Ken is a well-known philanthropist who has been involved in several charitable works with different nonprofit organizations. About ten years ago, Ken made a donation of $200 million to New York University hospital, where he pledges and extra $100 million towards the hospital. In April 2019, Notre Dame Cathedral got burned down, and as a well known devout catholic, he donated 100,000 dollars towards its restoration. Today he is estimated to have given more than half a billion dollars towards charity. Ken can be described as a grandson to an Italian immigrant who has realized his American dream as his parents would have wanted.