![]() ![]() ![]() David's brothers Frederick and Bill had inherited stock in Koch Industries. He founded the company's New York City office and in 1979 he became the president of his own division, Koch Engineering, renamed Chemical Technology Group. In 1970, Koch joined Koch Industries under his brother Charles, to work as a technical-services manager. He also held the single-game scoring record of 41 points from 1962 until 2009, when it was eclipsed by Jimmy Bartolotta. Koch played basketball at MIT, averaging 21 points per game at MIT over three years, a school record. He was a member of the Beta Theta Pi fraternity. He attended Massachusetts Institute of Technology (MIT), earning both a bachelor's (1962) and a master's degree (1963) in chemical engineering. Koch attended the Deerfield Academy prep school in Massachusetts, graduating in 1959. His maternal ancestors included William Ingraham Kip, an Episcopal bishop William Burnet Kinney, a politician and Elizabeth Clementine Stedman, a writer. David was the third of four sons, with elder brothers Frederick, Charles, and nineteen-minute-younger twin Bill. David's paternal grandfather, Harry Koch, was a Dutch immigrant who founded the Quanah Tribune-Chief newspaper and was a founding shareholder of the Quanah, Acme and Pacific Railway. Koch was born in Wichita, Kansas, the son of Mary Clementine (née Robinson) and Fred Chase Koch, a chemical engineer. Koch Theater in 2008 following Koch's gift of $100 million for the renovation of the theater. The New York State Theater at Lincoln Center, home of the New York City Ballet, was renamed the David H. Koch contributed to the Lincoln Center, Sloan Kettering, NewYork–Presbyterian Hospital, and the Dinosaur Wing at the American Museum of Natural History. As of June 2019, Koch was ranked as the 11th-richest person in the world (tied with his brother Charles), with a fortune of $50.5 billion. Koch was the fourth-richest person in the United States in 2012 and was the wealthiest resident of New York City in 2013. Koch became a Republican in 1984 in 2012, he spent over $100 million in a failed bid to oppose the re-election of President Barack Obama. He founded Citizens for a Sound Economy and donated to advocacy groups and political campaigns, most of which were Republican. He was the 1980 Libertarian candidate for Vice President of the United States and helped finance the campaign. Koch served as an executive vice president of Koch Industries until he retired due to health issues in 2018. He became president of the subsidiary Koch Engineering in 1979, and became a co-owner of Koch Industries (along with elder brother Charles) in 1983. In 1970, he joined the family business: Koch Industries, the second largest privately held company in the United States. David Hamilton Koch ( / k oʊ k/ KOHK May 3, 1940 – August 23, 2019) was an American businessman, political activist, philanthropist, and chemical engineer. ![]()
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