Charles Koch Net Worth is$31 Billion
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Nicknames: Cerrax
Charles Koch has an estimated net worth of $31 billion dollars. Charles Koch (pronounced "coke") is a political activist, businessman, chief executive officer and chairman of the board of Koch Industries, Inc. and co-owner (with younger brother David) of the Koch business. Koch provides funds towards libertarian and conservative political causes. Charles Koch is rumored to be linked to the right-wing conservative group the Tea Party movement, opposing much of U.S. President Barack Obama's legislative agenda and policies. Charles Koch supports and funds libertarian and free-market organizations. Koch co-founded the Cato Institute with Edward H. Crane and Murray Rothbard in 1977. Koch industries is the 2nd largest privately held company in the US. He is also an author and philanthropist and co-founded three charities. Click here to find out why #OccupyWallStreet hates the Koch brothers.
Charles de Ganahl Koch ( /'ko?k/; born November 1, 1935) is co-owner, chairman of the board and chief executive officer of Koch Industries Inc., the second-largest privately held company by revenue in the United States according to a 2010 Forbes survey. He was ranked 18th on Forbes World's Billionaires list of 2012 (and 4th on the Forbes 400), with an estimated net worth of $31 billion, deriving from his 42% stake in Koch Industries. His brother David H. Koch, also owns 42% of Koch Industries, and serves as Executive Vice President. The brothers inherited the business from their father, Fred C. Koch, and have since expanded the business to 2,600 times its inherited size. Originally involved exclusively in oil refining and chemicals, Koch Industries has expanded to include process and pollution control equipment and technologies, polymers and fibers, minerals, fertilizers, commodity trading and services, forest and consumer products, and ranching, producing a wide variety of well-known brands, such as Stainmaster carpet, Lycra fiber, Quilted Northern tissue and Dixie paper products.
Koch provides financial support for a number of public policy and charitable organizations, including the Institute for Humane Studies and the Mercatus Center at George Mason University. He co-founded the Washington, DC-based Cato Institute. Through the Koch Cultural Trust, founded by Charles Koch's wife, Elizabeth, the Koch family has also funded artistic projects and creative artists.
In 2007, Koch's book The Science of Success was published. The book describes his management philosophy, which is referred to as "Market-Based Management".
Koch was born and lives in Wichita, Kansas, one of four sons of Mary Robinson and Fred C. Koch; Koch's grandfather, Harry Koch, was a Dutch immigrant who settled in West Texas. Koch's academic life was spent at the Massachusetts Institute of Technology. He is a member of the Beta Theta Pi Fraternity. He received a Bachelor of Science in general

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Charles Koch Latest News

The Ethics of Charles Koch

Charles [Koch] is a true believer, whose free-market beliefs are unquestionably self-interested--but also undeniably sincere. His value system is apparent in all aspects of his company, including Koch's lobbying operation. Until the early 1990s, the ...
Posted: August 15, 2017, 4:00 am

They snubbed Trump. But the Koch network has still exerted a surprising influence over the White House

During the presidential campaign, about the only common ground between billionaire conservative Charles Koch and Republican nominee Donald Trump was a colorful disregard for each other. Koch complained the choice between Trump and Hillary Clinton was like ...
Posted: August 15, 2017, 6:52 pm

Charles Koch, the Cato Institute, and the Makings of a Right-Wing Empire

This excerpt appears in the Summer 2017 edition of The Public Eye magazine. From DEMOCRACY IN CHAINS: The Deep History of the Radical Right’s Stealth Plan for America by Nancy MacLean, published on June 13, 2017 by Viking, an imprint of Penguin ...
Posted: August 14, 2017, 7:52 am

The Power of a Multi-Billionaire: Charles Koch Gets TIME to Change a Headline

Lefty TIME Magazine ran with the above pic and headline last week. It was very misleading and dishonest. Charles Koch, the billionaire funder of all things beltarian, was actually trying to convey a point about government "goods" and GDP, a perspective on ...
Posted: August 7, 2017, 10:39 am

Koch network snubbed Trump but still influences the White House

During the presidential campaign, about the only common ground between billionaire conservative Charles Koch and Republican nominee Donald Trump was a colorful disregard for each other. (Aug. 14, 2017) (Sign up for our free video newsletter here http://bit ...
Posted: August 14, 2017, 2:17 pm
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