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Kenneth Langone

  • Net worth $10.3 billion
  • Birthday September 16, 1935
  • Status Married
  • Country United States
  • Ethnicity Italian American
  • Source(-s) of wealth Businessman, Investor

How much is Kenneth Langone Worth? Kenneth Langone Net Worth in 2026

$ 10.3 billion
Kenneth Langone Net Worth
$200,000,000 / year
Kenneth Langone salary

By the Alux Research Team. How we estimate net worth

Kenneth Langone’s net worth is estimated at $10.3 billion as of October 2026. He is an American businessman, investor and philanthropist who helped finance the founding of Home Depot, and whose giving gave NYU Langone Health its name.

Net worth $10.3 billion
Estimated annual income Mainly from investments, equity stakes and board roles
Born September 16, 1935, Roslyn Heights, New York, United States (age 91)
Country United States
Occupations / sources of wealth Investor, venture capitalist, philanthropist
Known for Backing the founders of Home Depot and donating about $300 million to NYU’s medical center

How Kenneth Langone built it

  • Started on Wall Street. He began at R.W. Pressprich in the early 1960s and became its president in 1969.
  • Financed Home Depot's founders. He organized the financing that let Bernard Marcus and Arthur Blank found Home Depot.
  • Formed a venture firm. He formed Invemed in 1974, which invests in early and growth stage companies.

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How much is Kenneth Langone worth in 2026?

Kenneth Langone’s net worth is estimated at $10.3 billion in 2026. His wealth rests largely on his early stake in Home Depot and decades of venture and private investing through Invemed. Earlier profiles listed a lower figure, and estimates vary, so treat the number as approximate.

Kenneth Langone in 2026: what they’ve been up to

  • Ongoing: At 91, Langone remains closely tied to NYU Langone Health, the medical center renamed in his honor after donations of about $300 million.
  • 2018 pledge: He pledged $100 million toward a $450 million program that made tuition free for all NYU medical students.
  • Giving: He gave over $5 million to the Animal Medical Center in 2019 and, with his wife, signed The Giving Pledge.
  • Boards: He has served on the boards of NYU Langone Health, Harlem Children’s Zone and the Robin Hood Foundation.

How Kenneth Langone makes money

  • Home Depot: He organized the financing that let Bernard Marcus and Arthur Blank found Home Depot, his most notable venture.
  • Venture capital: His firm Invemed, formed in 1974, invests in early and growth stage companies.
  • Board seats: He has held directorships at companies including Yum! Brands, Geeknet, ChoicePoint and Unifi.
  • Investing: Public and private equity holdings generate most of his income, with no single salary figure to point to.

Career timeline

  1. Early 1960s: Began his career at the Wall Street firm R.W. Pressprich.
  2. 1968: Persuaded Ross Perot to let Pressprich handle the IPO of Electronic Data Systems.
  3. 1969: Became president of Pressprich.
  4. 1974: Formed the venture capital firm Invemed.
  5. 1981 to 1996: Served on the Bucknell University board of trustees.
  6. 1997: Became a director of Yum! Brands.
  7. 1999 to 2005: Sat on the General Electric board.
  8. 1999 to 2003: Chaired the NYSE compensation committee.
  9. 2010: Became chairman of Geeknet.
  10. 2018: Pledged $100 million to make NYU medical school tuition free.

Early life and background

Kenneth Langone was born in Roslyn Heights, New York, to working class Italian-American parents. He studied at Bucknell University, where he held jobs including butcher’s assistant, caddy and ditch digger, and joined the Sigma Chi fraternity.

After graduating he moved to Manhattan and took night classes at the New York University Stern School of Business while working full time. He started on Wall Street in the early 1960s and rose quickly through the firm.

Personal life

Langone is married to Elaine, and the couple have three children.

Kenneth Langone net worth FAQ

What is Kenneth Langone’s net worth?

Kenneth Langone’s net worth is estimated at $10.3 billion as of October 2026. It is an estimate and figures vary.

How does Kenneth Langone make money?

Mainly through investing. He helped finance the founding of Home Depot, founded the venture firm Invemed in 1974, and has held many board seats.

How old is Kenneth Langone?

Kenneth Langone was born on September 16, 1935 and is 91 years old as of October 2026.

Where is Kenneth Langone from?

Kenneth Langone was born in Roslyn Heights, New York, and is American.

What is Kenneth Langone doing now?

At 91 he remains active in philanthropy, especially through NYU Langone Health, and in board and investing roles.

How is Kenneth Langone’s net worth estimated?

The figure is built from public reporting, company valuations, and deal and earnings figures. It is approximate and changes as new information emerges.

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How we estimate net worth

Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.

Last updated: October 2026.