David H. Koch’s profile picture

David H. Koch

Co-owner of Koch Industries
David H. Koch’s profile picture
Net worth 2018: $47.5 Billion
Industry: Business People
Residence: Wichita
Country: United States
BirthDay: 3 May 1940
Sigh: Gemini
Height: 1.96 m
Education: 1963 - Massachusetts Institute of Technology, 1962 - Massachusetts Institute of Technology, 1959 - Deerfield Academy
BIOGRAPHY

David H. Koch was bornon 3 May 1940 in Wichita, American, is Co-owner of Koch Industries. David Hamilton Koch is an American businessman who is a co-owner of Koch Industries, a conglomerate that is the second-largest privately held company in the United States. He also serves as the company’s executive vice president. An alumnus of the prestigious Massachusetts Institute of Technology (MIT), he is a professionally qualified chemical engineer. Following the completion of his education he worked for several engineering consulting firms including the Amicon Corporation, Halco International, and the Scientific Design Company. Eventually he joined the family business Koch Industries that had been founded by his father, Fred Koch, in 1940. At the time of his joining his elder brother Charles was heading the company and young David worked as a technical-services manager under him. Eventually David went on to found his company’s New York office and became the president of his own division, Koch Engineering, renamed Chemical Technology Group. The Koch family is counted amongst the wealthiest ones in the United States, and David himself was named the ninth wealthiest person in the world in 2014. He is also a very generous philanthropist and as a cancer survivor, has donated millions to medical research causes and institutions including $100 million to the Massachusetts Institute of Technology (MIT) for the construction of a new research and technology facility

NET WORTH STATISTIC
2018

$47.5 Billion

TIMELINE
1992

David Koch was diagnosed with prostate cancer in 1992 and underwent surgery, radiation and hormone therapy

1984

In 1984, David Koch along with his brother Charles, established Citizens for a Sound Economy (CSE), a conservative political group operating in the United States

1980

presidential election in 1980, sharing the party ticket with presidential candidate Ed Clark

1979

Eventually David went on to found the company’s New York office and by 1979 had become the president of his own division, Koch Engineering which was later renamed Chemical Technology Group

1970

David Koch joined the family business, Koch Industries, in 1970

1962

Then he went to the Massachusetts Institute of Technology (MIT) from where he earned his Bachelor’s degree in chemical engineering in 1962

1960

Little, the Amicon Corporation, Halco International, and the Scientific Design Company are some of the companies he worked for in the 1960s

1959

David attended the Deerfield Academy prep school in Massachusetts, graduating in 1959

1940

David Koch was born on May 3, 1940 to Mary and Fred Chase Koch

(3.2/100 votes)
Related Person
Donald Trump Jr.’s profile picture
Donald Trump Jr.
Net Worth is $150 Million
Jerry Greenfield’s profile picture
Jerry Greenfield
Net Worth is $150 Million
Lee Iacocca’s profile picture
Lee Iacocca
Net Worth is $100 Million
Charles Saatchi’s profile picture
Charles Saatchi
Net Worth is $100 Million
Richard Parsons’s profile picture
Richard Parsons
Net Worth is $95.5 Million
Conrad Black’s profile picture
Conrad Black
Net Worth is $80 Million