KOCH Charles
Person
KOCH Charles

KOCH
Charles

Chairman And CEO, Koch Industries

Organization: Koch Industries

Profession: Chairman

Content

Biography

Career

  • Charles Koch has been chairman and CEO of Koch Industries, America's second largest private company by revenue, since 1967.
  • The diversified company has some $125 billion in revenues from businesses including pipelines, chemicals, software, automotive components and Dixie cups.
  • His father, Fred Koch, improved a method of refining heavy oil into gasoline in 1927 and started the family business in 1940.
  • The Kansas native owns a 42% stake in the firm, as did his brother David, who died in August 2019.
  • In 1983 Charles and David bought their two other brothers' stakes in Koch Industries, reportedly for nearly $800 million.
  • His son Chase heads the company's venture capital arm, which has invested in AI-based neurological diagnosis firm NeuraLight and smart supply chain firm Arkestro.

Education

Bachelor of Arts/Science, Massachusetts Institute of Technology; Master of Science, Massachusetts Institute of Technology

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