His dad was a plumber and his mom worked in the school cafeteria. But after the Trump’s rhetoric incited a violent mob to storm the capitol, targeting Congress and ultimately leaving five people dead, Langone says he’s done with Trump and ready to move on and support... 4.8K4.8K 743 Comments 581 Shares 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. They’re nearly all millionaires. Ken Langone was cofounder of The Home Depot. Mary Meisenzahl. The 85-year-old financier has reportedly supported some of Trump’s economic policies, such as his tariffs on China, and made a $2,700 donation to the president’s 2016 campaign, federal records show. DeSantis for his handling of the coronavirus, bringing in new industries to the state and boosting the economy. His dad worked as a plumber, and his mom was a cook in a school cafeteria. His financial prowess enabled Bernie Marcus, Arthur Blank and Pat Farrah to develop a new mega concept that opened in Atlanta in 1978. Home Depot is expected to earn $2.27/share on $27.23 billion in revenue. Kenneth Langone is a venture capitalist, investment banker and financial backer of The Home Depot, and a former director of the New York Stock Exchange. Kenneth Langone, co-founder of Home Depot and No. Your Ad Choices Home Depot co-founder Ken Langone on GameStop stock volatility, the mass exodus from high-tax states to Florida, and NYU Langone vaccine distribution.Home Depot co-founder Ken Langone, while discussing the short-selling frenzy on Thursday, warned that investing in GameStop is Two are even billionaires. Ken Langone — the billionaire Home Depot co-founder and Republican megadonor — said he feels “betrayed” by President Trump after last week’s siege on the Capitol. All Rights Reserved, Photo by Jamel Toppin/The Forbes Collection. 57 min ago Fox Business. Home Depot co-founder Ken Langone, while discussing the short-selling frenzy on Thursday, warned that investing in GameStop stock is a … The grandson of Italian immigrants, Langone dug ditches for the Long Island Expressway before he went to Bucknell University to study economics. That’s Ken Langone, the billionaire co-founder of Home Depot HD, +0.74%, explaining to CNBC on Wednesday why he feels “betrayed” by … In Pressprich, he climbed the executive ladder till he became the company’s president in 1969. Meanwhile, the so-called Whisper number is $2.29. He was elected as director of Yum! : An American Story.". © 2021 Forbes Media LLC. His Italian-American parents were working-class citizens. Langone, who gave $200 million to NYU's hospital a decade ago, pledged $100 million to its School of Medicine in August. School is tuition-free. In the early 90s, the billionaire-to-be's passion for the retailer he co-founded led one fund manager to make a lucrative bet on its stock. Inside Home Depot Cofounder Ken Langone's, Billionaire Ken Langone Calls Lists Like Forbes 400 'Destructive'. "I think the biggest mistake anybody is going to make … The Home Depot Inc Office Phone Number is 1-770-433-8211. which quickly became a New York Times Bestseller. "Last Wednesday was a disgrace," added Langone, the billionaire co-founder of Home Depot who has donated over the years to Republicans. Bernard Baruch said "I got rich by selling soon." Thanks for contacting us. Home Depot co-founder Ken Langone … Kenneth G Langone is Chairman/President/CEO/Founder at Invemed Assoc Inc. See Kenneth G Langone's compensation, career history, education, & memberships. Terms of Use The program, which was established back in 2009, has emphasized HBCUs’ vital role in the … Money was tight, to say the least. Home Depot Co-Founder Ken Langone applauds Gov. The Whisper number is the Street's unofficial view on earnings. Home Depot co-founder Ken Langone, while discussing the short-selling frenzy on Thursday, warned that investing in GameStop stock is a “risky proposition.” “A lot of innocent, unknowing people are getting involved in something like this,” Langone said on FOX Business’ “Mornings with Maria.” “They’re going to get burned. Philanthropic efforts, not net worth, are the true measure of a man, the Home Depot co-founder says. DeSantis for his handling of the coronavirus, bringing in new industries to the state and boosting the economy. Ken Langone — the billionaire Home Depot co-founder and Republican megadonor — said he feels “betrayed” by President Trump after last week’s siege on the Capitol. Home Depot co-founder and major GOP donor Ken Langone says he feels 'betrayed' by Trump after Capitol riots . Do Not Sell My Personal Information. Max Levchin's Affirm surges in Nasdaq debut, This story has been shared 59,935 times. 59,935, This story has been shared 58,655 times. Billionaire Ken Langone, founder of The Home Depot, has long supported President Donald Trump. Instead it's buying back its own stock to inflate share price. The grants will be distributed through its annual Retool Your School program, for which voting is now open. Sorry, your blog cannot share posts by email. Who is Ken Langone. Home Depot co-founder Ken Langone says once an effective coronavirus vaccine is widely available a 'period of prosperity' will follow. That’s capitalism at its best." I got rich by never selling. Ken Langone, Home Depot co-founder, on why capitalism works - YouTube 1K Per Month? The successful businessman has been on … Langone is a prolific donor to GOP candidates — he and his wife, Elaine, made nearly $517,000 in political contributions over the last two years, $496,500 of which went to Republicans, according to the Center for Responsive Politics. I didn’t sign up for that.”. I believe this is a lesson many Americans need to be reminded of. In 1978, Ken Langone made an early investment in Home Depot and became a cofounder with Arthur Blank and Bernard Marcus, now billionaires. Early Life (Childhood) Ken Langone was born on September 16, 1935 in Roslyn Heights, New York, United States. Email; Tweet; Bio: A graduate of Bucknell University, Ken Langone went on to study at the NYU Stern School of Business, where he enrolled in a night class program, now known as the “Langone Program,” … Here Are The Billionaires Who Donated To Donald Trump’s 2020 Presidential Campaign, Home Depot Cofounder Ken Langone Says He Feels ‘Betrayed’ By Trump Following The Capitol Hill Riot, Billionaire Ken Langone Says He Feels 'Betrayed' By Trump, Vows To Support Biden, Bachelor of Arts/Science, Bucknell University; Master of Business Administration, Leonard N. Stern School of Business. In 2018, he published his memoir "I Love Capitalism!" The Home Depot announced that it will contribute $1 million in grants to support campus improvements at Historically Black Colleges and Universities (HBCUs). © 2021 Forbes Media LLC. "It breaks my heart, for sure," Langone said. Langone is also a trustee of New York University. Ken Langone is a businessman from United States of America. Stephen Schwarzman, Diane Hendricks, Steve Wynn: About 14% of America’s billionaires donated to Donald Trump’s reelection campaign, according to an analysis of records filed with the Federal Election Commission. Do You Work at Home Depot? In 1978, Ken Langone made an early investment in Home Depot and became a cofounder with Arthur Blank and Bernard Marcus, now billionaires. Avid investor and philanthropist Ken Langone lets Forbes into his office on the 22nd floor of Manhattan’s Seagram Building. Billionaire Ken Langone, one of the founders of The Home Depot, grew up poor. “I feel those people who sought to stop the process were ill-advised,” he added. Home Depot co-founder Ken Langone, 82, was born into a family with a lot of love, but not a lot of money. On The Home Depot: “3000 kids that started [pushing shopping carts], today, are multimillionaires. “… Last Wednesday was a disgrace, it should never have happened in this country, and if it doesn’t break every American’s heart, something’s wrong. 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. Now, we do not have the Ken Langone office fax number. Post was not sent - check your email addresses! All Rights Reserved. During Covid-19, Home Depot Made Our Better Angels Shine, These Billionaires Built Their Businesses Together. Now they’re spending some of their riches on opposing candidates. Ken Langone, Co-Founder - The Home Depot. In 1974 he NEW YORK (Reuters) - Kenneth Langone, a former New York Stock Exchange director and Home Depot co-founder, said he steered clear of accused swindler Bernard Madoff after getting a … Asked whether Trump should be impeached — a step the House was moving toward Wednesday — Langone responded bluntly: “I don’t care.”. In a letter published online Wednesday, the former hedge fund manager and Goldman Sachs alum criticized Warren for her wealth tax proposal.