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He was the scion to an oil fortune, a twin who has been closely aligned with his older brother Charles in both business and politics, and a one-time vice-presidential candidate that has given millions to Libertarian and conservative causes that have greatly influenced national politics.
Billionaire David Koch, a powerful donor and philanthropist and one of the richest people in the world, has died at age 79. His net worth has been estimated to be close to $50 billion.
Brother - Charles - Reins - Company - Father
With his brother, Charles, who took the reins of the company their father, Fred Koch, had built, they greatly expanded Koch Industries beyond oil refinery to become the privately-held conglomerate it is today, boasting an estimated $110 billion in revenue.
Fred Koch, who came to hate communism after building oil refineries in the Soviet Union under Stalin, was a founding member of the John Birch Society, which advocated for limited government. Charles and David - who fought over money for decades against their two other brothers, Frederick and William - followed their father's political path by founding the libertarian Cato Institute and became influential boosters of the conservative movement.
Koch - Plane - Crash - People - Prostate
Koch, who in 1991 survived a plane crash that killed 33 people and was diagnosed with prostate cancer the following year, is survived by his wife, Julia Flesher, whom he married in 1996, and their three children, Mary, John and David Jr.
Born in Wichita, Kansas on May 3, 1940, Koch was minutes older than his fraternal twin, William, who goes by Bill. He was the third son for his father and his mother, Mary Clementine Robinson Koch. The eldest son, Frederick, was born August 26, 1933, and then Charles on November 1, 1935.
Chemical - Engineer - Fred - Koch - Twenties
A chemical engineer, Fred Koch was in his twenties when he started his first engineering company in 1925, according to 1967 Wichita Beacon...
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