Ken Langone Resources
Home Depot Founder Ken Langone has made news lately for his attempted purchase of the New York Stock Exchange. The founder of Home Depot and reputed investing guru saw an opportunity and leapt on it. Ken Langone has already contacted numerous Wall Street executives in an effort to build up support, financial and otherwise.
The longtime entrepreneur has made a career of doing what no one else could. In the late 1960s he made a name by taking Ross Perot’s company, Electronic Data Systems (EDS), public. The deal paved the way for Langone to eventually start up his own business: Invemed Associates, founded in 1974 as a brokerage and investment banking firm. In that same year he purchased his first seat on the NYSE for a bargain price of $60,000. Today NYSE seats are selling for roughly $2.4 million. Investments like those have made Ken Langone a billionaire. He founded Home Depot in 1978 and has played more than a small role in that company’s evolution into the national home-improvement powerhouse. Kenneth Langone aggressive nature as an investor, director and developer has made him a top selection for many profit and non-profit organizations seeking experience and expertise in running their businesses.
Ken Langone's roles have ran the gamut from New York Stock Exchange member to New York Philharmonic board member to chairman at the distinguished NYU Medical School Foundation board. The Home Depot founder Kenneth Langone has made headlines for his attempted purchase of the NYSE. For Langone it would be just another acquisition in a lifetime of acquisitions. It’s about time people start recognizing Ken Langone for his works of a positive nature.