News about Charles Koch

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)

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.

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.

On Tuesday, billionaire Charles Koch endorsed Nikki Haley for the 2024 Republican presidential nomination, saying she was the most credible contender to overthrowrown President Joe Biden next year. It's the most recent boost for the former governor of South Carolina, who has seen her stock rise with strong debate results and increasing poll numbers. Her traditional conservative positions are also aligned with the Koch network, which uses its funds to call for tax reform and less government control.

As the elder members of their dynasties die, a new generation of American heirs is expected to inherit fortunes. The Waltons, the shopping behemoths, are America's richest family. They are followed by many families, including the Cargill-MacMillans, the Lauders, the Cathys, and the Hearsts.

Never Back Down's CEO issued the statement in a tweet shared on the political action committee's website on Saturday, a day after Trump chastised DeSantis' Florida for being "among the worst states" to live in and raise a family. Despite the 44-year-old's failure to officially announce any presidential candidates, Never Back Down is promoting DeSantis for president. Its strongly worded assertion, which was shared in one of its latest ads promoting DeSantis, is the latest in a long line between Trump and the Florida politician, who had up until recently performed songs of praise for each other. It all changed last November, when Trump declared his third straight White House Bid. The men were immediately divided, resulting in the unfolding war of words on display.