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35 Facts About Ken Langone

1.

Ken Langone is a major donor to the Republican Party.

2.

Ken Langone's father was a plumber and his mother a cafeteria worker.

3.

Ken Langone was a student at Bucknell University and the New York University Stern School of Business.

4.

In 1968 Ken Langone met and persuaded Ross Perot to let Pressprich handle Electronic Data Systems's IPO.

5.

Ken Langone organized financing for Bernard Marcus and Arthur Blank to found Home Depot.

6.

Ken Langone was a member of the board of directors of General Electric from 1999 to 2005.

7.

Ken Langone defended Jack Welch's tenure as chief executive of GE, blaming Welch's successors for the company's steep decline.

8.

Ken Langone was a member of the boards of Geeknet, Database Technologies, ChoicePoint Inc.

9.

Ken Langone was chairman of the New York Stock Exchange's Compensation Committee from 1999 to 2003.

10.

The lawsuit named Ken Langone, who had approved the pay package.

11.

Ken Langone denied that the pay packages were illegal considering that the NYSE had direct knowledge of the board's decision.

12.

Ken Langone donated hundreds of thousands of dollars to the Republican National Committee and to Republican-aligned outside spending groups, such as Karl Rove's American Crossroads super PAC, and Norm Coleman's dark money group, the American Action Network.

13.

In 2008, Ken Langone supported Rudy Giuliani's presidential bid, and was a bundler for the Giuliani's campaign.

14.

Ken Langone heavily donated to efforts to defeat Barack Obama in the 2012 presidential election.

15.

Ken Langone led an effort by a group of wealthy Republican donors to draft Chris Christie to run; when he declined, Langone backed Mitt Romney.

16.

Ken Langone criticized the Affordable Care Act championed by Obama, although he was critical of Republican congressional leadership for triggering a government shutdown in an effort to block the ACA.

17.

In 2014, Langone likened populist appeals to raise taxes on the rich in the United States to Hitler's rhetoric in Nazi Germany in the 1930s.

18.

In July 2022, Ken Langone helped found a group of US business and policy leaders who share the goal of constructively engaging with China in order to improve US-China relations.

19.

Ken Langone later donated to Donald Trump's 2016 presidential campaign.

20.

In 2019, Ken Langone praised Trump for raising tariffs on China.

21.

On January 13,2021, days after the January 6 attack against the US Capitol, Ken Langone said he felt "betrayed" by Trump's actions during the assault.

22.

Ken Langone nevertheless continued to back Trump after the Capitol attack, and contributed $1 million to a fund working to defeat Democratic senators and $500,000 to Americans for Prosperity, the Koch family-backed group.

23.

In December 2023, Ken Langone endorsed Nikki Haley's campaign for the 2024 Republican presidential nomination, and became a major donor to a super PAC supporting Haley.

24.

However, after the January 2024 Iowa caucuses, Ken Langone said he would withhold further major financial support for Haley's candidacy unless she had a strong showing in the New Hampshire primary, and said that he believed Trump would likely win the nomination.

25.

Ken Langone said he would "probably" vote for Trump if he were the Republican Party's nominee.

26.

Ken Langone has lived on Elderfields Road in nearby Flower Hill, and has maintained a winter home in North Palm Beach, Florida.

27.

Ken Langone is a devout Catholic who has financially contributed to the church and sat on the board of St Patrick's Cathedral.

28.

Ken Langone was made a knight of the Order of St Gregory the Great by Pope Benedict XVI.

29.

Ken Langone has been critical of Benedict's successor, Pope Francis, taking issue with Francis's statements condemning the indifference of the prosperous toward the poor.

30.

Ken Langone has donated $300 million to the NYU School of Medicine and NYU Medical Center ; this includes a $100 million pledge in 2018 toward a $450 million program to make tuition free for all medical students at the NYU School of Medicine.

31.

Ken Langone has been a member of the boards of trustees of NYU Ken Langone Health, the Harlem Children's Zone, the Robin Hood Foundation, and the Center for Strategic and International Studies.

32.

Ken Langone was a member of the Bucknell University board of trustees from 1981 to 1996; he and his wife gave $11 million to the university in 1999, to fund a new athletics center, and approximately $42 million to the university between 2013 and 2017.

33.

In 2024, Ken Langone received the Golden Plate Award of the American Academy of Achievement.

34.

Ken Langone is portrayed by actor Ray Iannicelli in the 2017 HBO Films production The Wizard of Lies.

35.

Ken Langone is extensively featured in the documentary Client 9: The Rise and Fall of Eliot Spitzer where he discusses his fierce rivalry with former New York Governor Eliot Spitzer.