Charles Koch
American billionaire and businessman / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Charles G. Koch?
Summarize this article for a 10 year old
Charles de Ganahl Koch (/koʊk/ KOHK; born November 1, 1935) is an American billionaire businessman. As of February 2024, he was ranked as the 23rd richest man in the world on the Bloomberg Billionaires Index, with an estimated net worth of $64.9 billion.[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. The brothers inherited the business from their father, Fred C. Koch, then expanded the business.[5] Koch Industries is the largest privately held company by revenue in the United States, according to Forbes.[6]
Charles Koch | |
---|---|
Born | Charles de Ganahl Koch (1935-11-01) November 1, 1935 (age 88) Wichita, Kansas, U.S. |
Education | Massachusetts Institute of Technology (BS, MS, MS) |
Occupation | Businessman |
Employer | Koch Industries |
Title | Chairman and CEO of Koch Industries |
Political party | Libertarian |
Spouse |
Liz Koch (m. 1972) |
Children | |
Parents |
|
Relatives |
|
Signature | |
Koch also supports a number of libertarian think tanks, including the Institute for Humane Studies, the Cato Institute, the Ayn Rand Institute,[7] and the Mercatus Center at George Mason University. He also contributes to the Republican Party and candidates, libertarian groups, and various charitable and cultural institutions. He co-founded the Washington, D.C.-based Cato Institute. Along with his brother, Koch has been an important funder of think tanks that lobby to oppose environmental regulation. Koch has published four books detailing his business philosophy, Market Based Management (2006),[8] The Science of Success (2007),[9] Good Profit (2015),[10] and Believe in People (2020).[11]