How rich is Charles Koch?

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How rich is Charles Koch?

Charles Koch Net Worth:
$49 Billion

Birth date: November 1, 1935
Birth place: Wichita, Kansas, United States
Profession: Businessperson, Industrialist, Philanthropist
Education: Massachusetts Institute of Technology (1960)
Nationality: United States of America
Spouse: Liz Koch
Parents: Fred C. Koch, Mary R. Koch
Siblings: David H. Koch, Bill Koch, Frederick R. Koch

Charles Koch Net Worth:

Charles Koch Net Worth $31 Billion

Charles de Ganahl Koch (/kok/; produced November 1, 1935) is an American businessman and philanthropist. The brothers inherited the company from their dad, Fred C. Koch, subsequently enlarged the company. Initially demanded only in oil refining and compounds, Koch Industries now contains procedure and pollution control equipment and technologies; polymers and fibers; minerals; fertilizers; commodity trading and services; woods and consumer products; and ranching. The companies create an extensive assortment of well known brands, like Stainmaster carpet, the Lycra brand of spandex fiber, Quilted Northern tissue and Dixie Cup.

In 2007, Koch’s novel “The Science of Success” was printed. The novel describes his management doctrine, referred to as “Market-Based Management”. In the year 2012, a set of internet videos was compiled into the movie Koch Brothers Exposed, accusing Koch Industries of environmental and political misdeeds.

Koch supports several free market-oriented educational organizations, for example, Institute for Humane Studies and the Mercatus Center at George Mason University. He also gives to the Republican Party and candidates, Libertarian groups, and different non-profit and cultural associations. Through the Koch Cultural Trust, founded by Charles Koch’s wife, Elizabeth, the Koch family has also financed arty endeavors and creative artists.