Charles Koch & family (2024)

FAQs

What does the Koch family own? ›

Koch owns Flint Hills Resources, Georgia-Pacific, Guardian Industries, Infor, Invista, KBX, Koch Ag & Energy Solutions, Koch Engineered Solutions, Koch Investments Group, Koch Minerals & Trading, and Molex. The firm employs 122,000 people in 60 countries, with about half of its business in the United States.

The combined Koch fortune is estimated at over $100 billion, and being a toilet paper company during the toilet paper shortage of 2020 proved profitable. Charles will one day leave his vast fortune to his own heirs, and even after diluting through generations, the Koch family is as wealthy as ever.

Charles Koch has been chairman of Koch Industries, America's second largest private company by revenue, since 1967. He brought on his first ever co-CEO in 2023. The diversified company has some $125 billion in revenues from businesses including pipelines, chemicals, software, automotive components and Dixie cups.

Charles Koch & family

His father started Koch Industries, where Koch has been chairman for over 50 years.

As of 2011, Koch Industries' political action committee had donated more than $2.6 million to candidates. The Koch brothers support primarily Republican candidates and in 2010 they supported California Proposition 23, which would have suspended the state's Global Warming Solutions Act of 2006.

The Koch brothers were first estimated to hold 2 million acres, an amount of land potentially worth $100 billion. The Keystone XL pipeline isn't just about oil and gas companies. It's also about the Koch brothers and their vast influence over the Republican party.

BENTONVILLE, Ark. (KNWA/KFTA) — It's no secret that the family behind Walmart is America's richest family, but how rich are they? The Waltons owe their wealth to two brothers, Sam and Bud, who co-founded Walmart in the 1960s.

Julia Margaret Flesher Koch (born April 12, 1962) is an American socialite and philanthropist who is one of the richest women in the world.

Al Nahyan Family

They are the descendants of Sheikh Zayed bin Sultan Al Nahyan, the man who founded the United Arab Emirates. The House of Nahyan, with an extraordinary wealth of $305 billion, has achieved a historic milestone by taking the top place in Bloomberg's annual family fortunes list for 2023.

New York billionaire Julia Koch and her children are purchasing a minority stake in BSE Global, which owns the Brooklyn Nets of the NBA, the New York Liberty of the WNBA and Barclays Center in Brooklyn. BSE Global announced the pending transaction but did not disclose financial terms.

How much is Koch Family worth? ›

The Koch family with $127.3 billion. The Al Saud family with $112 billion. The Ambani family with $89.9 billion. The Wertheimer family with $89.6 billion.

The No. 1 richest city in Kansas in our ranking is Mission Hills, a suburb in the greater Kansas City area, laying along Kansas' eastern border with Missouri. Across the board, Mission Hills had the highest scores. It has the highest median household income in Kansas, being in excess of $250,000.

Personal life. Koch has been married to his wife Liz since 1972. He has two children, Chase Koch and Elizabeth Koch.

The company owns subsidiaries that produce various goods such as resins, polymers, glass, oil pipelines, tissue paper, and robotics. Koch Industries controls some lesser-known companies as well, including Matador Cattle Company, the Koch Chemical Technology Group, Koch Disruptive Technologies, and Koch Minerals.

Wealth. Koch was the fourth-richest person in the United States in 2012 and was the wealthiest resident of New York City in 2013. 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.

The Marshall family fortune stems from J. Howard Marshall II, a business partner of Fred C. Koch, the founder of the conglomerate Koch Industries. Marshall (d. 1995) traded his investment in Great Northern Oil Co in the 1960s for what became an estimated 16% stake in Koch Industries.

The vast majority of Koch Industries assets are controlled by Charles G. and David H. Koch, two of four sons of the company's founder, who each own 42% of the company stock.