Ken Langone Net Worth (Updated 2026).
Ken Langone, a prominent businessman and philanthropist, began his career in the late 1960s, working for an electrical parts company. He quickly rose through the ranks, demonstrating his keen business acumen and entrepreneurial spirit. In 1978, he co-founded Home Depot, a home improvement retailer that would go on to become one of the largest and most successful companies in the world.
**Ken Langone’s Current Net Worth (As of 2025)**
Ken Langone, a prominent American businessman and philanthropist, has an estimated net worth of $3.5 billion as of 2025. This substantial figure is a testament to his successful career in finance and investments.
**Ken Langone’s Career**
Langone’s career spans over five decades, primarily in the financial sector. He co-founded Home Depot, the world’s largest home improvement retailer, in 1978. He served as its CEO from 1985 to 1997 and as chairman until 2002. He is also a co-founder and chairman of Invemed Associates, a private investment firm.
**Ken Langone’s Other Ventures**
Beyond his professional commitments, Langone is involved in various other ventures. He is a board member of the New York Stock Exchange and serves on the board of directors of the Federal Reserve Bank of New York. He is also a trustee of New York University, his alma mater.
**Ken Langone’s Assets**
Langone’s assets include a significant stake in Home Depot, as well as investments in various other companies. He also owns a luxurious apartment in New York City and a sprawling estate in Florida. His art collection, featuring works by artists like Picasso and Matisse, is another notable asset.
**Ken Langone’s Annual Income**
While specific figures for Langone’s annual income are not publicly disclosed, a significant portion of his earnings comes from his investments and dividends. His compensation from Invemed Associates and other board memberships also contributes to his annual income.
Frequently Asked Questions about Ken Langone
**Ken Langone Net Worth FAQs**
1. What is Ken Langone’s net worth?
Ken Langone’s net worth is estimated to be around $3.5 billion.
2. How did Ken Langone make his fortune?
Ken Langone co-founded Home Depot, a home improvement retail company, in 1978. He served as its president and CEO until 1987. He also founded Invemed Associates, a private investment firm, in 1992.
3. What is Ken Langone’s role at Home Depot?
Ken Langone is a co-founder of Home Depot. He served as its president and CEO from 1980 to 1987. He is currently a member of the company’s board of directors.
4. What is Invemed Associates?
Invemed Associates is a private investment firm founded by Ken Langone in 1992. The firm focuses on investing in public and private companies across various sectors.
5. What is Ken Langone’s educational background?
Ken Langone graduated from Bucknell University with a Bachelor of Science degree in business administration in 1960. He also has an honorary doctorate degree from the university.
6. Is Ken Langone married?
Yes, Ken Langone is married to Elaine Langone. They have three children together.
7. What are Ken Langone’s political views?
Ken Langone is a registered Republican and has been a significant donor to the Republican Party and conservative causes.
8. What are some of Ken Langone’s philanthropic efforts?
Ken Langone is a major donor to various charitable causes, including education, healthcare, and arts. He has made significant contributions to his alma mater, Bucknell University, and New York University’s Langone Health, which is named after him.
9. What is Ken Langone’s age?
Ken Langone was born on September 14, 1935, making him 86 years old as of 2022.
10. What is Ken Langone’s height?
Ken Langone is 5 feet 10 inches (178 cm) tall.
