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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 ...
By 2019, Charles Koch and David Koch, commonly referred to as the Koch brothers, were the only ones of Fred Koch's four sons still with Koch Industries. [5] Charles and David Koch built a political network of libertarian and conservative donors, and the brothers funneled financial revenue into television and multi-media advertising. David Koch ...
The Koch brothers are the sons of Fred C. Koch (1900–1967), who founded Koch Industries, now the second largest privately held company in the United States. As of 2012 they owned 84% of Koch Industries stock, [5] and as of December 2022, Charles Koch was estimated to have a net worth of $66 billion, making him the 14th-richest person in the ...
3. Koch Family. Company: Koch Industries. Net Worth: $128.8 billion. It is said there is money in oil, and if the Koch family is any indicator, this holds to be true. Not all families get along ...
Koch has been co-owner, chairman, and chief executive officer of Koch Industries since 1967, while his late brother David Koch served as executive vice president. Charles and David each owned 42% of the conglomerate. The brothers inherited the business from their father, Fred C. Koch, then expanded the business. [5]
Koch Industries employs close to 120,000 people in 50 countries. For premium support please call: 800-290-4726 more ways to reach us
Pages in category "Koch family" The following 18 pages are in this category, out of 18 total. This list may not reflect recent changes. ...
Koch Industries talks with its money. Lately it's been talking a lot about its interest in this American company— Intrepid Potash . As of September 30, it owns 5.2 million shares, or 6.9% of the ...