Businessman

Charles Koch

Quick Facts

FactDetail
Full NameCharles de Ganahl Koch
Date of BirthNovember 1, 1935
Age89 (as of 2024)
Place of BirthWichita, Kansas, U.S.
EducationMassachusetts Institute of Technology (BS, MS, MS)
OccupationBusinessman
EmployerKoch Industries
TitleChairman and CEO of Koch Industries
Political PartyLibertarian
SpouseLiz Koch (m. 1972)
ChildrenChase Koch, Elizabeth Koch
ParentsFred C. Koch, Mary Robinson
RelativesFrederick R. Koch (brother), David Koch (brother), Bill Koch (brother)
Net Worth$60.2 billion (as of 2023)
Company OwnershipCo-owner of Koch Industries, each brother owned 42%
Company SizeLargest privately held company by revenue in the U.S.
Libertarian SupportSupports Institute for Humane Studies, Cato Institute, Ayn Rand Institute, Mercatus Center
Political ContributionsContributes to the Republican Party, libertarian groups, charitable and cultural institutions
Books Published“Market Based Management” (2006), “The Science of Success” (2007), “Good Profit” (2015), “Believe in People” (2020)
Early CareerStarted work at Arthur D. Little, Inc.
GrandfatherHarry Koch, a Dutch immigrant, founder of Quanah Tribune-Chief newspaper
Early Life and EducationRaised to work hard despite family wealth; I attended MIT
MIT DegreesB.S. in General Engineering (1957), M.S. in Nuclear Engineering (1958), M.S. in Chemical Engineering (1959)
PhilanthropyAn active supporter of libertarian think tanks and various institutions
Business PhilosophyDetailed in his published books
charles koch
Photo: Gavin Peters / CC BY-SA (https://creativecommons.org/licenses/by-sa/3.0)

Charles Koch’s Net Worth

Charles Koch’s net worth is approximately 60.2 billion USD.

Charles Koch’s Awards

AwardDetail
Honorary Doctor of ScienceGeorge Mason University
Honorary Doctor of CommerceWashburn University
Honorary Doctor of LawsBabson College
President’s MedalWichita State University (2004)
Adam Smith AwardAmerican Legislative Exchange Council
Directors’ Award for Global Vision in EnergyNew York Mercantile Exchange (1999)
Governor’s Arts Patrons AwardKansas Arts Commission (1999)
National Distinguished Service AwardThe Tax Foundation (2000)
Spirit of Justice AwardThe Heritage Foundation
Entrepreneurial Leadership AwardNational Foundation for Teaching Entrepreneurship
Brotherhood/Sisterhood AwardNational Conference of Christians and Jews
Distinguished Citizen AwardBoy Scouts of America
Free Enterprise AwardThe Council for National Policy
Herman W. Lay Memorial AwardAssociation of Private Enterprise Education
Distinguished Service CitationUniversity of Kansas
Honorary Life MemberWashburn Law School Association
Distinguished Citizen AwardKansas State University
Induction into the Kansas Oil and Gas Hall of Fame
Induction into the Wichita and Kansas Business Halls of Fame
Spirit of Excellence AwardThe Urban League of Wichita
Outstanding Humanitarian AwardGreater Wichita Chapter of the National Society of Fundraising Executives
Wichita City Medallion
Wichita State University Entrepreneur in Residence
Wichita District Minority Small Business Advocate of the Year
Individual Recognition AwardWichita/Sedgwick County Arts and Humanities Council
Uncommon Citizen AwardWichita Chamber of Commerce
William E. Simon Prize for Philanthropic LeadershipThe Philanthropy Roundtable (2011)
Defender of Justice AwardNational Association of Criminal Defense Lawyers (2011)
Top Chief Executive ListAdvisoryCloud (Ranked #2 in 2013)
Ellis Island Medal of HonorEllis Island Honors Society (2022)

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