💰 Business & Billionaires

The Koch Family

An industrial and political dynasty built on oil refining. Two of Fred Koch's four sons turned a mid-size engineering firm into one of the largest private companies in the world while reshaping American politics through massive donor networks.

Founder
Fred Koch

Industrialist, Engineer · b. 1900–1967

Chemical engineer who developed an improved thermal cracking process for oil refining and co-founded what became Koch Industries, one of the largest private companies in America.

Notable Works

  • Wood River Oil & Refining (co-founder)
  • Koch Industries (predecessor)
  • John Birch Society (co-founder)
son
Charles Koch

Business Executive, Political Donor · b. 1935

Fred's son, he grew Koch Industries into a $125 billion conglomerate and became one of the most influential conservative political donors in…

Notable Works

  • Koch Industries (chairman & CEO)
  • Americans for Prosperity (co-founder)
  • Stand Together
son
David Koch

Business Executive, Philanthropist · b. 1940–2019

Fred's son, he served as executive vice president of Koch Industries and was a major philanthropist for arts, cancer research, and libertari…

Notable Works

  • Koch Industries (EVP)
  • David H. Koch Theater (Lincoln Center)
  • MIT David H. Koch Institute