Businessman, donor, political activist, and chemical engineer David Koch, based in the United States, is well known for ranking as the ninth-wealthiest person in the world as of 2018.
Quick Facts
Celebrated Name: | David Koch |
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Real Name/Full Name: | David Hamilton Koch |
Gender: | Male |
Age at the time of death: | 79 years old |
Birth Date: | 3 May 1940 |
Date of Death: | 23 August 2019 |
Birth Place: | Wichita, Kansas, United States |
Nationality: | American |
Height: | 1.95 m |
Weight: | N/A |
Sexual Orientation: | Straight |
Marital Status: | Married |
Wife/Spouse (Name): | Julia Koch (m. 1996) |
Children: | Yes (John Mark Koch, Mary Julia Koch, David Koch Jr.) |
Dating/Girlfriend (Name): | N/A |
Profession: | Businessman, Philanthropist, Political Activist, and Chemical Engineer |
Net Worth: | $48 Billion |
David Koch Biography
Mary Clementine and Fred Chase Koch, a chemical engineer, had their son David in 1940. He was born in Wichita, a city in Kansas. He was recognized to be the third son of his parents’ four kids. Frederick R. Koch and Charles Koch are his older brothers, and he also has a younger twin. Harry Koch, a well-known Dutch immigrant who founded the Quanah Tribune-Chief newspaper as well as Quanah, Acme, and Pacific Railway, was his paternal grandfather.
Speaking about his education, he mentioned attending the Massachusetts-based Deerfield Academy prep school, which he graduated in 1959. In 1962 and 1963, respectively, he earned a bachelor’s and a master’s degree in chemical engineering while attending the Massachusetts Institute of Technology (MIT).
David Koch Age, Height And Weight
David Koch was born on May 3, 1940, and passed away at the age of 79. He weighed 80 kilograms and stood 1.95 meters tall.
Career
David Koch began his career in 1970 after joining Koch Industries to work as the technical services manager directly beneath his brother Charles. This industrialist founded the New York branch of that organization, and in 1979, he became leadership of his own section, Koch Engineering, now known as Chemical Technology Group. Bill Koch and Frederick R. Koch made their first ownership claim against Koch Industries in the year 1985, and they continued to make ownership claims against the company all the way up until 2001. He owned a 42 percent stake in Koch Industries as of the year 2010. He also holds four US patents.
In addition, he continued to run for vice president in the 1980 presidential election as a member of the Libertarian Party, running on the same ticket as Ed Clark, a candidate for the presidency. The Federal Reserve Board, Social Security, minimum wage laws, welfare, all price supports, corporate taxes, sponsorships for business and agriculture, and U.S. Federal agencies including the EPA, SEC, FTC, ICC, FBI, OSHA, DOE, and CIA were all guaranteed to be stopped by the Clark-Koch ticket, it has been discovered.
This businessman views himself as a social liberal who supports stem-cell research, same-sex marriage, women’s right to choose, and LGBT rights. However, he opposes the war on drugs. Additionally, he supports policies that uphold free market principles and individual liberty, as well as lower government spending.
David Koch’s Net Worth
David Koch’s estimated net worth was $48 billion. His work as a businessman, political activist, and engineer has contributed most to his wealth. This entrepreneur is well-known for being Koch Industries’ executive vice president and co-owner. In addition, as of the year 2010, he was listed as the second-richest resident of New York City. After their father’s passing, he and his brothers continued to benefit from Koch Industries.
He was a well-known patron of the arts and was credited with founding the American Tea Party movement’s conservative and libertarian political foundations. He gave to numerous charities because he was extremely wealthy. He made donations to Sloan Kettering, Lincoln Center, a fertility center at New York-Presbyterian Hospital, as well as the David H. Koch Dinosaur Wing at the American Museum of Natural History. One of the wealthiest and most prosperous businessmen in the entire globe was David Koch. He was listed by Condé Nast Portfolio as one of America’s most generous but understated benefactors. He became a top philanthropist after accumulating such a large net worth and deciding to contribute some of it.