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Wood River Oil and Refining Company was renamed Koch Industries in 1968 in honor of Fred Koch, the year after his death. [ 27 ] [ 28 ] At that time, it was primarily an engineering firm with a 35% interest in Great Northern Oil Company, which owned the Pine Bend Refinery in Minnesota, a crude oil-gathering system in Oklahoma, [ 16 ] and some ...
The Koch family (/ k oʊ k / KOHK) is an American family engaged in business, best known for their political activities and their control of Koch Industries, the 2nd largest privately owned company in the United States (with 2019 revenues of $115 billion). [1]
In Kansas, Koch Industries CEO Charles Koch is by far the richest resident with $60.6 billion to his name. Fidelity CEO Abigail Johnson is Massachusetts’ richest resident with a net worth of $27 ...
Leonard traces the history of Koch Industries from a regional pipeline company to a sprawling corporate entity with "a political-influence machine of rare scope". [1] The first part of is devoted to the history of Koch Industries, beginning with Charles Koch's assumption of leadership after the death of his father Fred in 1967. It traces the ...
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Koch worked in his family's company. He and his eldest brother Frederick R. Koch had inherited Koch Industries stock. In 1980, after an unsuccessful attempt to take over the company from Charles, William was fired from the company. [5] In 1983 the stock netted them $800 million in a sale to their brothers, Charles and David. [6]
James Howard Marshall III (born February 6, 1936) is president and owner of MDH Industries, an electronics company based in Monrovia, California. He is the eldest son of J. Howard Marshall II, who owned 16% of Koch Industries.
The TCW Group was originally known as Trust Company of the West. TCW clients include many of the largest corporate and public pension plans, financial institutions, endowments and foundations in the U.S., as well as foreign investors and high-net-worth individuals.