- Real Time Net Worth As of 10/15/15
- $42.3 Billion
- CEO, Koch Industries
- Age
- 79
- Source Of Wealth
- diversified
- Residence
- Wichita, KS
- Citizenship
- United States
- Marital Status
- Married
- Children
- 2
- Education
- Bachelor of Arts / Science, Massachusetts Institute of Technology; Master of Science, Massachusetts Institute of Technology
One of the most politically influential billionaires in the U.S.,
Charles Koch compares his crusade for smaller government and economic
liberty to the civil rights campaign. "Will you stand with us to help
save our country?" Koch asked the crowd gathered in August at
Koch-backed Freedom Partners Policy Leaders conference in California. In
attendance were Republican hopefuls Jeb Bush, Florida Senator Marco
Rubio and Texas Senator Ted Cruz, all there to pay their respects to the
Kochs. Donald Trump wasn't invited. Funding for the Koch influence
machine comes from $115 billion (sales) Koch Industries, which Charles
continues to steer as chairman. He's held that job since 1967 when the
company was worth $50 million. Now the second largest private company in
America, it's valued at $100 billion. He owns the vast majority of the
business with his brother, David Koch (also a Forbes 400 member), who
runs its chemical technology business. The brothers' fortunes fell
slightly in the past year owing to weakness in the manufacturing and
pipeline sectors.
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