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Kenneth Langone
Kenneth Langone is the founder, chairman, and CEO of Invemed Associates LLC, a New York Stock Exchange member firm engaged in investment banking and brokerage. He received a B.A. from Bucknell University and an M.B.A. from New York University's Stern School of Business. He is vice chairman of the Board of Overseers of the Stern School, as well as chairman of the Board of Trustees of New York University Medical School and a member of the Board of Trustees of New York University and its executive committee.
Langone's road to success has been an interesting one. He was born to working-class parents in Roslyn Heights, NY, 20 miles east of Manhattan, in the mid 1930s. Mr. Langone was born into a tightly bonded Italian family and developed strong roots which have served him well in his more than 35-year business career. Not the most studious as a high school student, his principal at the time told his parents it would be "wasting their money" to send the young Langone to college. Fortunately the Langones disagreed with the principal and took out a mortgage on their house to send him to the beautiful, yet highly intensive, university in Pennsylvania, Bucknell University. The future founder of Home Depot breezed through school in 3 ½ years and graduated in 1957 with a degree in Political Science and Economics. The next stop on his educational tour was the prestigious NYU Graduate School of Business (renamed the Stern School of Business) where he took classes at night while working days in the investment department of the Equitable Life Assurance Company. Working full-time and taking classes four nights per week set up a disciplined schedule that would aid Langone the rest of his life.