Charles Koch

Business Executive

Charles Koch was born in Wichita, Kansas, United States on November 1st, 1935 and is the Business Executive. At the age of 88, Charles Koch biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.

  Report
Date of Birth
November 1, 1935
Nationality
United States
Place of Birth
Wichita, Kansas, United States
Age
88 years old
Zodiac Sign
Scorpio
Networth
$60 Billion
Profession
Businessperson
Social Media
Charles Koch Height, Weight, Eye Color and Hair Color

At 88 years old, Charles Koch physical status not available right now. We will update Charles Koch's height, weight, eye color, hair color, build, and measurements.

Height
Not Available
Weight
Not Available
Hair Color
Not Available
Eye Color
Not Available
Build
Not Available
Measurements
Not Available
Charles Koch Religion, Education, and Hobbies
Religion
Not Available
Hobbies
Not Available
Education
Massachusetts Institute of Technology (BS, MS)
Charles Koch Spouse(s), Children, Affair, Parents, and Family
Spouse(s)
Liz Koch ​(m. 1972)​
Children
Chase Koch, Elizabeth Koch
Dating / Affair
Not Available
Parents
Fred C. Koch, Mary Robinson
Siblings
Frederick R. Koch (brother), David Koch (brother), Bill Koch (brother)
Charles Koch Career

In 1961 he moved back to Wichita to join his father's business, Rock Island Oil & Refining Company (now known as Koch Industries). In 1967, he became president of the business, which was then a medium-sized oil firm. In the same year, he renamed the firm Koch Industries in honor of his father. Charles's brothers Frederick and Bill had inherited stock in Koch Industries. In June 1983, after a legal and boardroom battle, the stakes of Frederick and Bill were bought out for $1.1 billion and Charles and his younger brother David became majority owners in the company. Despite the settlement, legal disputes continued until May 2001, when CBS News reported that Koch Industries settled for $25 million.

In 2006, Koch Industries generated $90 billion in revenue, a growth of 2000 times over, which represents an annual compounded return of 18%. As of 2014, Koch was worth approximately US$41.3 billion (in 2013 $36 billion) according to the Forbes 400 list. Koch would routinely work 12-hour days at the office (and then spent more time working at home), weekends, and expected executives at Koch Industries to work weekends as well.

Koch has been a director of INTRUST Financial Corp. since 1982 and director of Koch Industries Inc. since 1982. He is director of resin and fiber company Invista and director of Georgia-Pacific LLC, paper and pulp products. Koch founded or helped found several organizations, including the Cato Institute, the Institute for Humane Studies and the Mercatus Center at George Mason University, the Bill of Rights Institute, and the Market-Based Management Institute. He is a member of the Mont Pelerin Society.

Source

As billionaire backers 'take responsibility' of the humiliating GOP primary loss in her home state, the Koch network has cut funding for Haley

www.dailymail.co.uk, February 26, 2024
Since her defeat in her home state, a network funded by billionaire Charles Koch has decided not to fund Republican presidential candidate Nikki Haley as it 'takes stock.' Americans For Prosperity Action, the influential conservative group behind Haley in the Republican presidential primary, has decided not to continue funding for her campaign. According to Federal Election Commission reports, AFP has invested over $32 million in Haley since endorsing her in late November. The group, founded in 2004, is one of the most influential American conservative organizations, backed by billionaire brothers Charles Koch and David Koch (Pictured: Bill and David Koch left, 2017)

Joe Tsai, the Brooklyn Nets' owner, is in talks to sell a minority stake to the billionaire Koch family's fifth generation, five years after announcing $3.5 billion takeover

www.dailymail.co.uk, February 22, 2024
According to rumors, members of the billionaire Koch family are in talks to purchase a minority interest in the Brooklyn Nets. Bloomberg was among other sporting businesses to announce the potential purchase, which could also include BSE Global, the Nets investment firm that also owns Barclays Center and the WNBA's New York Liberty among other sporting interests. The Koch family and Nets founder Joe Tsai, who agreed to a $3.5 billion contract to reclaim complete control of the NBA franchise back in 2019, is said to be ongoing.

During a emotional memorial service, Suzanne Somers' son Bruce pays a loving tribute to his late mother: "She made you feel like a million dollars."

www.dailymail.co.uk, December 3, 2023
Bruce Somers, Suzanne Somers' son, paid a loving tribute to his late mother during a memorial service held at the Stone Eagle Club in Palm Desert on Thursday. The festival was dedicated to honoring the actor's legacy nearly two months after she tragically died on Sunday, October 15 - just one day before her 77th birthday. Several people attended to help honor the Three's Company's alum, including her husband Alan Hamel, their children, as well as billionaire Charles Koch and his wife.
Charles Koch Tweets