David Koch Net Worth – $58 Billion

What was the David Koch’s Net Worth at the time of his death?

At his time of death, David Koch’s net worth is $58 Billion.

Net Worth:

$58 Billion

Born:

May 3, 1940

Died:

August 23, 2019

Country of Origin:

United States of America

Source of Wealth:

Entrepreneur

Last Updated:

November 3, 2022

David Koch, an American businessman, donor, political activist, and chemical engineer, is well-known for being the ninth-wealthiest person in the world as of 2018.

What was the net worth of David Koch?

The estimated net worth of David Koch was $58 billion. The majority of his fortune has come from his efforts as an engineer, businessman, and political activist. This businessman is well-known for serving as executive vice president and co-owner of Koch Industries. He was also listed as the second-richest resident of New York City as of the year 2010. He and his brothers continued to get benefits from Koch Industries even after their father passed away.

When was David Koch born?

David Koch was born in 1940 to Mary Clementine and chemical engineer Fred Chase Koch. He was created in the Kansas city of Wichita. He was identified as his parents’ third son out of their four children. His older brothers are Charles Koch and Frederick R. Koch, and he also has a younger twin. His paternal grandfather was Harry Koch, a well-known Dutch immigrant who established the Quanah Tribune-Chief newspaper as well as the Quanah, Acme, and Pacific Railway.

Fred Thompson poses with David Koch and his wife Julia Koch.
(Source: Wikipedia)

Speaking of his education, he acknowledged attended the Deerfield Academy prep school in Massachusetts, from which he received his diploma in 1959. He studied at the Massachusetts Institute of Technology and graduated with bachelor’s and master’s degrees in chemical engineering in 1962 and 1963, respectively (MIT).

What are the age, height, and weight of David Koch?

David Koch, who died at the age of 79, was born on May 3, 1940. He was 1.95 meters tall and weighed 80 kg.

Also View Danny Wegman’s Net Worth, Bio, Career, and More.

Career of David Koch | Company , Industries

In 1970, David Koch joined Koch Industries and took a position as the technical services manager immediately beneath his brother Charles. This businessman developed the organization’s New York division, and in 1979 he took over as head of Koch Engineering, which is today known as Chemical Technology Group.

In the year 1985, Bill Koch and Frederick R. Koch filed their initial ownership claim against Koch Industries, and they continued to do so right up until 2001. As of 2010, he held a 42 percent stake in Koch Industries. Additionally, he has four US patents.

He also kept running for vice president in the 1980 presidential election as a member of the Libertarian Party, standing on the same ticket as Ed Clark, a presidential contender. It has been found that the Clark-Koch ticket was guaranteed to stop the Federal Reserve Board, Social Security, minimum wage laws, welfare, all price supports, corporate taxes, sponsorships for business and agriculture, and U.S. Federal agencies including the EPA, SEC, FTC, ICC, FBI, OSHA, DOE, and CIA.

This businessman considers himself to be a social liberal who favors stem cell research, same-sex marriage, the freedom of women to make their own decisions, and the rights of LGBT people. He rejects the drug war, nevertheless. He also favors fiscally conservative policies that preserve the rights of the person and the free market.

At his time of death, David Koch’s net worth is $58 Billion.

David Koch’s Business and Industries Highlights

Here are some of the best highlights of David Koch’s career:

  • Koch Industries
  • President of Koch Engineering (1979)

What are the famous quotes by David Koch ?

“The way I look at it is, cancer research is absolutely nonpartisan.” – David Koch 

“I contribute to public candidate campaigns, and there’s a federal limit on how much you can contribute to each individual candidate. I obey the law in that regard, and I feel like I’m doing it properly.” – David Koch 

“When I was a bachelor with a different girl on my arm every week, people didn’t think I was quite legitimate.” – David Koch 

“The only dancing I did was at the discotheques. I was a very good disco dancer. I say that I learned disco dancing at the wrong places.” – David Koch 

“Federal Police have helped Malaysian authorities to stop 34 Sri Lankans and Indians boarding a boat to Australia. Three members of a people-smuggling syndicate were also arrested. What’s your intelligence showing? Are we seeing increased activity by people smugglers in Asia focusing on Australia again.” – David Koch 

“I think, though, players need to understand community standards, too, in terms of the psychological war games that go on during a football match. Maybe the old fashioned sledding and some of the terms that we use need to get back into community standards. I think that’s a reminder and a good thing for players.” – David Koch 

David Koch’s Bio, Wiki and Facts

Celebrated Name: David Koch
Real Name/Full Name: David Hamilton Koch
Gender: Male
Age at the time of death: 79 years old (August 23, 2019)
Birth Date: 3 May 1940
Date of Death: 23 August 2019
Birth Place: Wichita, Kansas, United States
Nationality: American
Height: 1.95 m
Weight: N/A
Sexual Orientation: Straight
Marital Status: Married
Wife/Spouse (Name): Julia Koch (m. 1996)
Children: Yes (John Mark Koch, Mary Julia Koch, David Koch Jr.)
Dating/Girlfriend
(Name):
N/A
Profession: Businessman, Philanthropist, Political Activist, and Chemical Engineer
Net Worth in 2022: $58 Billion