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Wood River Oil and Refining Company was renamed Koch Industries in 1968 in honor of Fred Koch, the year after his death. [27] [28] At that time, it was primarily an engineering firm with a 35% interest in Great Northern Oil Company, which owned the Pine Bend Refinery in Minnesota, a crude oil-gathering system in Oklahoma, [16] and some cattle ...
The Koch family (/ k oʊ k / KOHK) is an American family engaged in business, best known for their political activities and their control of Koch Industries, the 2nd largest privately owned company in the United States (with 2019 revenues of $115 billion). [1]
The Koch brothers are the sons of Fred C. Koch (1900–1967), who founded Koch Industries, now the second largest privately held company in the United States. As of 2012 they owned 84% of Koch Industries stock, [5] and as of December 2022, Charles Koch was estimated to have a net worth of $66 billion, making him the 14th-richest person in the ...
3. Koch Family. Company: Koch Industries. Net Worth: $128.8 billion. It is said there is money in oil, and if the Koch family is any indicator, this holds to be true. Not all families get along ...
Koch Foods is a food processor and distributor in Park Ridge, Illinois that as of December 2019 is listed by Forbes magazine as number 125 on the list of the largest private companies in the US. [1] As of October 2014, the company had a revenue of $3 billion, and approximately 14,000 employees. [1] The company is owned by Joseph Grendys.
The company was given the trademarked name INVISTA and was then sold to privately owned Koch Industries on April 30, 2004 for US$4.2 billion. [3] [4] Koch Industries combined the newly acquired organization with their KoSa subsidiary to complete the INVISTA company. [4]
Koch has been co-owner, chairman, and chief executive officer of Koch Industries since 1967, while his late brother David Koch served as executive vice president. Charles and David each owned 42% of the conglomerate.
Koch Industries (1 C, 20 P, 2 F) M. Mars, Incorporated (3 C, 14 P) P. Penske Corporation (1 C, 15 P) T. ... Pages in category "Family-owned companies of the United ...