David Koch

David Hamilton Koch was an American businessman, philanthropist, political activist, and chemical engineer. In 1970, he joined the family business: Koch Industries, the second-largest privately held company in the United States.

• David Koch, who controlled Koch Industries, the second largest private U.S. firm, with his brother Charles, died in August 2019 at age 79.
• Koch stepped down from his role as executive vice president in July 2018, citing health concerns; he was named director emeritus.
• Koch Industries, which has revenues of $110 billion, refines crude oil, produces fertilizer and makes Dixie cups and Quilted Northern toilet paper.
• The well-known philanthropist gave more than $1.3 billion away to such institutions as New York’s Lincoln Center and Memorial-Sloan Kettering.
• Koch ran as the Libertarian Party’s vice presidential candidate in 1980 on a ticket with Ed Clark; they won 1% of the vote.