David H. Koch

American billionaire heir and businessman (1940–2019)

David Hamilton Koch (/ˈkk/; May 3, 1940 – August 23, 2019) was an American businessman, philanthropist, political activist, and chemical engineer. He joined the family business Koch Industries. He became president of the subsidiary Koch Engineering in 1979. He became a co-owner of Koch Industries, with older brother Charles, in 1983. He was an executive vice president.

David H. Koch
Koch in 2015
David Hamilton Koch

(1940-05-03)May 3, 1940
DiedAugust 23, 2019(2019-08-23) (aged 79)
MonumentsDavid H. Koch Theater
EducationM.S. in Chemical Engineering
Alma materMassachusetts Institute of Technology (B.S., M.S.)
OccupationVP of Koch Industries
Known forPhilanthropy to cultural and medical institutions;
Support of libertarian and conservative causes[2]
Political partyLibertarian (before 1984), Republican
Opponent(s)Ran on Libertarian ticket for Vice President in 1980 election against CarterMondale, and ReaganBush
Board member ofAspen Institute, Cato Institute, Reason Foundation, Americans for Prosperity Foundation, WGBH, Massachusetts Institute of Technology, Americans for Prosperity, 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 M. Flesher Koch[3][4]
ChildrenDavid Koch Jr.
Mary Julia Koch
John Mark Koch
Parent(s)Fred Koch
Mary Robinson
AwardsHonorary Doctor of Humane Letters – Cambridge College;
Corporate Citizens Award – Woodrow Wilson International Center for Scholars[1]

On June 5, 2018, the company announced his retirement from the company due to declining health issues.[5]

Koch died at his Southampton, New York home from prostate cancer on August 23, 2019 at the age of 79.[6]

References change

  1. 1.0 1.1 "Koch, David Hamilton (1940)". New Netherland Project. Archived from the original on August 19, 2010. Retrieved August 31, 2010.
  2. Goldman, Andrew (July 25, 2010). "The Billionaire's Party: David Koch is New York's second-richest man, a celebrated patron of the arts, and the tea party's wallet". New York magazine. Retrieved August 26, 2010.
  3. Elizabeth Bumiller (January 11, 1998). "Woman Ascending A Marble Staircase". The New York Times. Retrieved August 31, 2010.
  4. NYT staff (May 26, 1996). "Weddings: Julia M. Flesher, David H. Koch". Style. The New York Times. Retrieved September 2, 2010.
  5. Hohmann, James (June 5, 2018). "David Koch is leaving Koch Industries, stepping down from Americans for Prosperity". Retrieved June 5, 2018 – via www.washingtonpost.com.
  6. McFadden, Robert D. (August 23, 2019). "David Koch, Billionaire Who Fueled Right-Wing Movement, Dies at 79". The New York Times. Retrieved August 23, 2019.