The Koch Empire: What we know about deceased US billionaire David Koch

Posted on August 23, 2019 8:02 am
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URL https://www.rt.com/business/467148-koch-empire-what-we-know/?utm_source=rss&utm_medium=rss&utm_campaign=RSS 

David Koch – one of America’s wealthiest men, with a net worth of more than $40 billion, and a major political donor – passed away on Friday aged 79. RT looks at the Koch business empire.

Koch was the 11th richest person on the planet and, at the time of his death, had a net worth of $42.4 billion, according to Forbes. He had majority control of energy and chemical company Koch Industries, which he co-owned with his older brother Charles. The duo built the second largest private US conglomerate in terms of revenue ($110 billion).

A Kansas-based, now-multinational corporation,

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