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2015 Forbes Billionaires List - #6 David Koch |
Real Time Net Worth As of 3/18/15 = $41.7 Billion
2015 Billionaires Net Worth = $42.9 Billion
Executive Vice President, Koch Industries
Age = 74
Source Of Wealth = diversified
Self-Made Score = 5
Residence = New York, NY
Citizenship = United States
Marital Status = Married
Children = 3
Education = Bachelor of Arts / Science, Massachusetts Institute of Technology; Master of Science, Massachusetts Institute of Technology
New York City's richest resident David Koch shares control of $115 billion (sales) Koch Industries with his older brother Charles.
America's second largest private company, Koch Industries has interests in oil pipelines, refineries, building materials, paper towels and Dixie cups, and made more than $5 billion in acquisitions in 2014 including inkmaker Flint Group for a reported $3 billion and PetroLogisticsfor $2.1 billion.
The Metropolitan Museum of Art in New York dedicated the David H. Koch Plaza in September 2014, part of a $65 million renovation he funded.
Koch Industries poured more than $3 million into the 2014 midterm elections.
Audio recordings leaked from not-so-secret Koch-organized meetings in June 2014 revealed Republicans including Sen. Mitch McConnell (R-Ky.) laying out their strategy for thwarting Obama's legislative agenda if the Republicans gained control of the Senate in 2014, which did indeed happen.
The Kochs are also active philanthropists. In mid-2014, a $25 million gift from Koch Industries and the Charles Koch Foundation to the United Negro College Fund sparked discussion on the left and right.
Source: Forbes - Billionaires
