As of January 2018, he was ranked as the 11th-richest person in the world, (tied with his brother Charles), with a fortune of $52 billionCondé Nast Portfolio described him as "one of the most generous but low-key philanthropists in America"
The ticket received 921,128 votes, 1% of the total nationwide vote, the Libertarian Party national ticket's best showing until 2016 in terms of percentage and its best showing in terms of raw votes until the 2012 presidential election, although that number was surpassed again in 2016
In July 2015 David Koch and his brother were commended by both President Obama and activist Anthony Van Jones for their bipartisan efforts to reform the prison system in the United States
In 2012, Koch contributed US $35 million to the Smithsonian to build a new dinosaur exhibition hall at the National Museum of Natural History
"Time included Charles and David Koch among the Time 100 of 2011, for their involvement in supporting the Tea Party movement and the criticism they received from liberals
Dennis, president and chief executive officer of the Searle Freedom Trust, said in 2010 that the Kochs are acting against their economic interest in promoting "getting government out of the business of running the economy
In July 2008, Koch pledged $100 million over 10 years to renovate the New York State Theater in the Lincoln Center for the Performing Arts, now named in his honor and pledged $10 million to renovate fountains outside the Metropolitan Museum of Art
In 2007, he contributed $100 million to the Massachusetts Institute of Technology for the construction of a new 350,000-square-foot (33,000 m) research and technology facility to serve as the home of the David H
In 2006, he gave $20 million to Johns Hopkins University School of Medicine in Baltimore for cancer research
Koch for the first time in a long series of lawsuits about ownership, that lasted until 2001
Between 1998 and 2012, Koch contributed at least $395 million to medical research causes and institutions
Koch Institute for Integrative Cancer Research, Since joining the MIT Corporation in 1988 he has given a total of $185 million to MIT
In 1985, Koch Industries was sued by Bill Koch and Frederick R
In 1984, Koch founded, served as Chairman of the board of directors of, and donated to the free-market Citizens for a Sound Economy (CSE)
"We'd like to abolish the Federal Elections Commission and all the limits on campaign spending anyway," Koch said in 1980
He founded the company’s New York office and in 1979 he became the president of his own division, Koch Engineering, renamed Chemical Technology Group
In 1970, Koch joined Koch Industries under his brother Charles, to work as a technical-services manager
He also held the single-game scoring record of 41 points from 1962 until 2009, when it was eclipsed by Jimmy Bartolotta
Koch attended the Deerfield Academy prep school in Massachusetts, graduating in 1959
David Hamilton Koch (/koʊk/; born May 3, 1940) is an American businessman, philanthropist, political activist, and chemical engineer
Koch Center for Cancer Care, which will be housed in a 23-story building in development between East 73rd and 74th Streets overlooking the FDR Drive
He is a survivor of the USAir Flight 1493 crash in 1991
In 1971, he moved to Studio apartment in Manhattan, New York and became involved with larger building projects. In the following year, he finalized first multi-million dollar real estate transaction with the sale of Swifton village in Cincinnati, Ohio.
In 1985, he bought Mar-a-lago estate in Palm beach, Florida and renovated the Barbizon hotel and 100 Central Park South.
In 1988, he bought the Plaza Hotel in New York City.
In 1989, he bought a fleet of Boeing 727 airplanes to form Trump air shuttle service. Unfortunately a helicopter crash killed three Trump casino executives which lead to big issue.
By 1989, poor business decisions left him unable to meet loan payments but he somehow financed the construction of his third casino, the $1 million Taj Mahal, with high-interest junk bonds. The increasing debt soon brought him to business bankruptcy.
In 1990, he regained his previous stable financial position and fame and opened the Trump Taj Mahal casino in Atlantic City. Soon he gained approval for Riverside south development of West Side rail yards.
In 1996, he got the ownership of Miss Universe Organization which produces the Miss Universe, Miss USA, and Miss Tean USA pageants.
In 2003, he became joint partner with the National Broadcasting Company (NBC) where he became the executive producer and host of the NBC reality show, ‘The Apprentice’ which became a huge success. Following its success, he co-produced a show, ‘The Celebrity Apprentice’ along with British TV producer Mark Burnett.
On October 21, 2004, Trump Hotels and Casino & Resorts declared a restructuring of its debt which led to a reduction in his individual ownership from 56 percent to 27 percent. The company applied for Chapter 11 Protection in November and soon the company re-emerged from bankruptcy as ‘Trump Entertainment Resorts Holdings’.