David Koch

Quick Facts

Full NameDavid Hamilton Koch
Date of BirthMay 3, 1940
Place of BirthWichita, Kansas, U.S.
Date of DeathAugust 23, 2019
Place of DeathSouthampton, New York, U.S.
Age at Death79
EducationMassachusetts Institute of Technology (BS, MS)
OccupationVice President of Koch Industries
Known ForSupport of libertarian and conservative causes, philanthropy to cultural and medical institutions
Political PartyLibertarian (before 1984), Republican (1984–2019)
Board MembershipsAspen Institute, Cato Institute, Reason Foundation, Americans for Prosperity Foundation, WGBH, MIT, Smithsonian National Museum of Natural History, Metropolitan Museum of Art, American Ballet Theatre, Lincoln Center for the Performing Arts, Deerfield Academy, New York–Presbyterian Hospital, Memorial Sloan Kettering Cancer Center, American Museum of Natural History
SpouseJulia Flesher (m. 1996)
ParentsFred C. Koch, Mary Robinson
RelativesFrederick R. Koch (brother), Charles Koch (brother), Bill Koch (twin brother)
Net WorthApproximately $58 billion
Role at Koch IndustriesJoined in 1970, President of Koch Engineering in 1979, Co-owner in 1983, Executive Vice President until 2018
Libertarian Candidate1980 Libertarian candidate for Vice President of the United States
PhilanthropyContributions to Lincoln Center, Sloan Kettering, New York–Presbyterian Hospital, Dinosaur Wing at the American Museum of Natural History
Major Donation$100 million for the renovation of the New York State Theater at Lincoln Center (renamed David H. Koch Theater in 2008)
MIT Basketball RecordAveraged 21 points per game, held single-game scoring record of 41 points from 1962 to 2009
Legal DisputesInherited stock led to disputes; Frederick and Bill’s stakes were bought out in 1983 for $1.1 billion; settlement with Bill in 2001
PatentsHeld four U.S. patents
RetirementRetired in 2018 due to health issues
David Koch

David Koch’s Net Worth

David Koch’s net worth is approximately $58 billion.

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