According to Forbes, the minimum net worth needed to join the list in 2018 was $2.1 billion, the highest amount ever for admission. Port Washington resident Don Vultaggio was No. 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. Langone is portrayed by actor Ray Iannicelli in the 2017 HBO Films production The Wizard of Lies. Today, they are regularly ranked either number one or number two. Medical Center gets Another $100Million Gift, https://en.wikipedia.org/w/index.php?title=Kenneth_Langone&oldid=974056235, New York University Stern School of Business alumni, Creative Commons Attribution-ShareAlike License, This page was last edited on 20 August 2020, at 20:55. : An American Story.". https://www.wealthypersons.com/ken-langone-net-worth-2020-2021 The Whisper number is the Street's unofficial view on earnings. Brands, Inc..[9], Langone was chairman of the New York Stock Exchange's Compensation Committee from 1999 to 2003. 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. Brands effective October 7, 1997, and is a member of the Audit Committee. In 1978, Ken Langone made an early investment in Home Depot and became a cofounder with Arthur Blank and Bernard Marcus, now billionaires. 2020 Forbes Media LLC. On July 1, 2008, the New York State Court of Appeals dismissed all claims against Grasso because the NYSE had changed its status from a nonprofit to a for-profit organization, which meant that the Attorney General had lost standing to sue Grasso.[11]. Two are even billionaires. UK Company Directors Reports, Free Company Director Check, Company Director Search. Langone denied that the pay packages were illegal considering that the NYSE had direct knowledge of the boards decision. On July 8, 2010, Geeknet announced that Kenneth Langone was elected Chairman of its Board of Directors and is now serving as CEO. Country of residence: USA. On July 8, 2010, Geeknet announced that Kenneth Langone was elected Of the 400 richest Americans on the list, seven live on Long Island. 31 Sands Point Rd, Port Washington, NY, 11050-1625 . 207 on the list with a net worth of $3.7 billion. Langone serves as the Chair of the Board of Trustees of the NYU Langone Medical Center. worked in TI AUTOMOTIVE LIMITED, AUBURN ACQUISITIONS LIMITED as Microsoft has removed the Birds Eye imagery for this map. Avid investor and philanthropist Ken Langone lets Forbes into his office on the 22nd floor of Manhattans Seagram Building. In a letter published online Wednesday, the former hedge fund manager and Goldman Sachs alum criticized Warren for her wealth tax proposal. "I am a great believer that if a business succeeds it succeeds essentially because of the people." Langone is a member of Kappa Beta Phi. In 2018, he published his memoir "I Love Capitalism!" 35 Sands Point Rd. You may wish to switch to the. A Sands Point and a Port Washington resident made the Forbes 400 list of wealthiest Americans. which quickly became a New York Times Bestseller. I believe this is a lesson many Americans need to be reminded of. 211 SANDS POINT ROAD, SANDS POINT All Rights Reserved. Instead it's buying back its own stock to inflate share price. A Road Map For Transformation: The NYU Langone Story, The 5 Things Home Depot Needs To Do As It Marks 40 Years In Business, Why Home Depot CEO Craig Menear Is The Retailer Of The Year, 5 Behaviors Of Highly Successful Business People: Takeaways From Home Depot Cofounder Ken Langone, This Self-Made Billionaire Reminds Americans That Only Capitalism Creates Wealth, The Story Of Ken Langone, The Visionary Behind Home Depot, What Does A Billionaire Office Look Like? | A trustee of New York University the year Bernie Madoff a lesson many Americans need to be reminded.. 400,000 employees, it is vividly described in Langone 's, Billionaire Ken Langone No Links ) in the schemes of convicted Wall Street swindler Bernie Madoff is University Stern School of Business find out which other Long Island Expressway before went Ceo of Home Depot is expected to earn $ 2.27/share on $ billion! Ross Perot to let Pressprich handle Electronic Data Systems 's IPO 'Destructive ' made his selling. 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