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Ken Langone
American businessman
Kenneth Gerard Langone Sr.KSG (born September 16, 1935) is an American billionaire businessman best known for organizing financing for the founders of The Home Depot.[1] He is a major donor to the Republican Party.[2]
Early life
Langone was born in Roslyn Heights, New York, to Italian American parents.
His father was a plumber and his mother a cafeteria worker.[3] He was a student at Bucknell University and the New York University Stern School of Business.
Business career
In the early 1960s, Langone began his career at a Wall Streetfinancial services company named R.W.
Pressprich, where he helped develop new business. In 1968 Langone met and persuaded Ross Perot to let Pressprich handle Electronic Data Systems's IPO. In 1969, Langone was named Pressprich's president.[4]
In 1974, Langone formed the venture capital firm Invemed.
Langone organized financing for Bernard Marcus and Arthur Blank to fo