David Koch: Co-owner and Executive Vice President of Koch Industries

David Koch: Co-owner and Executive Vice President of Koch Industries

Business Owner · Industrial Conglomerates

Wichita

David Koch co-owned Koch Industries with his brother Charles, ran for vice president as a Libertarian in 1980, and was the fourth-richest person in America in 2012.

About David Koch: Co-owner and Executive Vice President of Koch Industries

David Hamilton Koch (May 3, 1940 to August 23, 2019) was an American businessman, philanthropist, limited-government advocate and chemical engineer. In 1970 he joined the family business, Koch Industries, the second-largest privately held company in the United States, became president of its subsidiary Koch Engineering in 1979 and a co-owner of Koch Industries, along with his elder brother Charles, in 1983. He served as an executive vice president until he retired in 2018 for health reasons. Koch was a libertarian and the 1980 Libertarian candidate for Vice President of the United States, helping finance the campaign. He founded Citizens for a Sound Economy and donated to advocacy groups and political campaigns, the majority of them Republican; he became a Republican in 1984 and in 2012 spent over $100 million in a failed bid to oppose Barack Obama's re-election. As of 2012 he was the fourth-richest person in the United States, and as of 2013 the wealthiest resident of New York City. As of June 2019 he ranked as the 11th-richest person in the world, tied with his brother Charles. Sources: English Wikipedia (David H. Koch, accessed September 2026).

Basic Information

Co-owner and executive vice president, Koch Industries (1940-2019)

Company Details

Koch Industries

Conglomerate, Chemicals, Energy