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These 15 Self-Made Billionaires were Once Poor

4 January 2017

14. Kenneth Langone (Net Worth: $2.9 billion)

These 15 Self-Made Billionaires were Once Poor | #14. Kenneth Langone (Net Worth: $2.9 billion)
These 15 Self-Made Billionaires were Once Poor | #14. Kenneth Langone (Net Worth: $2.9 billion) | source: cnbc.com

Kenneth Langone made his fortune through investment. He studied economy in university and worked in Wall Street. This is how he got acquainted to this business world. But before he became a renowned investment banker in United States, he was living a hard-knock life.

Ken’s parents were a plumber and cafeteria worker. To pay for his school, they had to mortgage their house. And that was not enough. While studying at Bucknell University, Ken worked as a caddy.

Years later, he teamed up with Bernard Marcus to start Home Depot. This retail company is now generating $88.52 billion of sales revenue every year. And it has staggering $169.8 billion market cap which puts it as the world’s 39th most valuable brand.

Today, Ken is one of the stakeholders of Home Depot, as well as other companies especially in technology and industry fields. And his real time net worth is estimated around $2.9 billion.

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