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Koch Industries has been criticized by the environmentalist group Greenpeace for the role the company played in affecting climate change policy in the United States. [126] [127] Prior to 2008, a Canadian subsidiary of Koch, Inc. contributed to the Fraser Institute, a conservative Canadian public policy think tank, according to the Institute's ...
Fred Chase Koch (/ k oʊ k / KOHK; September 23, 1900 – November 17, 1967) was an American chemical engineer and entrepreneur who founded the oil refinery firm that later became Koch Industries, a privately held company which – under the principal ownership and leadership of Koch's sons Charles and David – would be listed by Forbes as the second-largest privately held company in the ...
By 2019, Charles Koch and David Koch, commonly referred to as the Koch brothers, were the only ones of Fred Koch's four sons still with Koch Industries. [5] Charles and David Koch built a political network of libertarian and conservative donors, and the brothers funneled financial revenue into television and multi-media advertising.
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. [27] [28] Koch has been a director of INTRUST Financial Corp. since 1982 [29] and director of Koch Industries Inc. since 1982.
CBS News reported that Koch Industries settled for $25 million. [9] As of 2010, David Koch owned 42 percent of Koch Industries, as did his brother Charles. [2] He held four U.S. patents. [10] Koch served as an executive vice president of Koch Industries until retiring due to health issues in 2018. [11] His retirement was announced on June 5 ...
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 ...
Frederick Robinson Koch (/ k oʊ k / KOHK; August 26, 1933 – February 12, 2020) [1] was an American collector and philanthropist, the eldest of the four sons born to American industrialist Fred Chase Koch, founder of what is now Koch Industries, and Mary Clementine (née Robinson) Koch.
William Ingraham Koch (/ k oʊ k / KOHK; born May 3, 1940) is an American billionaire businessman, sailor, and collector. His boat was the winner of the America's Cup in 1992. Forbes estimated Koch's net worth at $1.8 billion in 2019, from oil and other investments.