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I Love Capitalism!: An American Story (Hardcover)
On Our Shelves Now
New York Times Bestseller
Iconoclastic entrepreneur and New York legend Ken Langone tells the compelling story of how a poor boy from Long Island became one of America's most successful businessmen.
Ken Langone has seen it all on his way to a net worth beyond his wildest dreams. A pillar of corporate America for decades, he's a co-founder of Home Depot, a former director of the New York Stock Exchange, and a world-class philanthropist (including $200 million for NYU's Langone Health). In this memoir he finally tells the story of his unlikely rise and controversial career. It's also a passionate defense of the American Dream -- of preserving a country in which any hungry kid can reach the maximum potential of his or her talents and work ethic.
In a series of fascinating stories, Langone shows how he struggled to get an education, break into Wall Street, and scramble for an MBA at night while competing with privileged competitors by day. He shares how he learned how to evaluate what a business is worth and apply his street smarts to 8-figure and 9-figure deals . And he's not shy about discussing, for the first time, his epic legal and PR battle with former NY Governor Eliot Spitzer.
His ultimate theme is that free enterprise is the key to giving everyone a leg up. As he writes:
This book is my love song to capitalism. Capitalism works! And I'm living proof -- it works for everybody. Absolutely anybody is entitled to dream big, and absolutely everybody should dream big. I did. Show me where the silver spoon was in my mouth. I've got to argue profoundly and passionately: I'm the American Dream.
About the Author
Ken Langone is a co-founder of Home Depot and the founder and chairman of Invemed Associates LLC. He received a B.A. from Bucknell University and an M.B.A. from New York University's Stern School of Business. He serves on the Board of Overseers of the Stern School and on the Board of Trustees of New York University, as well as serving as chairman of the Board of Trustees of New York University Medical Center. In addition, he serves on the boards of St. Patrick's Cathedral, the Ronald McDonald House of NY, the Center for Strategic and International Studies, the Horatio Alger Society Foundation, and the Harlem Children's Zone and its charter school, the Promise Academy. He is also a Knight of Malta and a Knight of St. Gregory.
“A joyful, authentic, and entertaining must-read by a patriot and hero who defines what it means to give back. I loved this great American story, and so will everyone who wants to understand true business success.” —Jack Welch, Executive Chairman, Jack Welch Management Institute
“Insightful and inspirational. Ken reminds us of a very important lesson—that capitalism does work. An authentic, up-by-the-bootstraps story by a shining example of the American dream.” —Jamie Dimon, Chairman and CEO, JPMorgan Chase & Co.
“There is no better role model for entrepreneurs. Ken’s sense of loyalty, integrity, and perseverance is clear. I recommend it highly and I love him!” —Robert Kraft, Chairman and CEO, The Kraft Group
“While my own love for capitalism might be conditional, my love for Ken Langone is not! His energy, enthusiasm, grit, and generosity are legendary.” —Cardinal Timothy Dolan, Archbishop of New York
“I have known Ken Langone for forty years and simply put, he is a force of nature. I Love Capitalism fully captures the magnitude of that force, and the story of one of the most recognizable figures in business and an American treasure.” —Stanley Druckenmiller, Founder, Duquesne Capital
“It is one of the great honors of my life to be friends with Ken, who as chairman of the Promise Academy fought for those who have been less fortunate. His story will inspire every American. A must read for all who love this country and endeavor to make it better.” —Geoffrey Canada, President, Harlem Children’s Zone
“Ken gives new meaning to capitalism for those who have equated it with greed. Recommended reading for young people who underestimate themselves and have lost hope.” —Bonnie Hill, Cofounder, Icon Blue, Inc.
“I love Langone—I love him as a great philanthropist, a great businessman, a great citizen, a great friend; and now he has written a fascinating must-read book.” —Martin Lipton, Founding Partner, Wachtell, Lipton, Rosen & Katz
“An honest, interesting, and spectacular journey that confirms that anything is possible in America. Ken’s book inspires all those continuing to search for success.” —Larry Bossidy, former CEO and Chair, Honeywell