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==Political activities== ==Political activities==
Koch is a ] and supports many ] organizations such as the ], which he founded together with ] and ] in 1977.<ref>{{cite web|url=http://www.cato.org/pubs/papers/25th_annual_report.pdf|title=25 Years at Cato|accessdate=2009-07-10}}</ref> Koch also funds the selective Charles G. Koch Summer Fellow Program through the ].<ref>{{cite web |url=http://www.theihs.org/node/456 |title=Charles G. Koch Summer Fellow Program |accessdate=2010-09-10 |quote=The Charles G. Koch Summer Fellow Program combines a paid public policy internship with two career skills seminars and weekly policy lectures. You’ll gain real-world experience, take a crash course in market-based policy analysis, and hone your professional skills. The intensive ten-week program begins in June and includes a $1,500 stipend and a housing allowance. |publisher=] }}</ref>. He also funds the ] at ]. Koch is a ] and supports many ] organizations such as the ], which he founded together with ] and ] in 1977.<ref>{{cite web|url=http://www.cato.org/pubs/papers/25th_annual_report.pdf|title=25 Years at Cato|accessdate=2009-07-10}}</ref> Koch also funds the selective Charles G. Koch Summer Fellow Program through the ].<ref>{{cite web |url=http://www.theihs.org/node/456 |title=Charles G. Koch Summer Fellow Program |accessdate=2010-09-10 |quote=The Charles G. Koch Summer Fellow Program combines a paid public policy internship with two career skills seminars and weekly policy lectures. You’ll gain real-world experience, take a crash course in market-based policy analysis, and hone your professional skills. The intensive ten-week program begins in June and includes a $1,500 stipend and a housing allowance. |publisher=] }}</ref> He also funds the ] at ], which works to stymie federal regulation, particularly from the ].<ref>{{Cite episode | title = The Brothers Koch: Rich, Political And Playing To Win | url = http://www.npr.org/templates/story/story.php?storyId=129425186 | series = Fresh Air | serieslink = Fresh Air | network = ] | station = ] | city = Philadelphia, PA | airdate = August 26, 2010 | minutes = 12:09}} </ref>


Koch Industries and its subsidiaries, of which Koch is 42% owner, spent more than $20 million on lobbying in 2008, according to the non-partisan ]. $1.15 million was donated to candidates.<ref>{{cite news |author=Carol Eisenberg |coauthors= |title=Billionaire Charles Koch is a patron of conservative causes - but out of public eye |url=http://news.muckety.com/2008/08/08/billionaire-charles-koch-plays-politics-but-out-of-public-eye/4461 |quote=Koch Industries contributes more money to candidates through its political action committee (KochPAC) and its 80,000 employees, than any other oil or gas company - donating $1.15 million during the 2008 election cycle, according to the Center for Responsive Politics. The lion’s share of that, or 85 percent, went to Republicans; 15 percent went to Democrats. |work=] |date=August 8, 2008 |accessdate=2010-09-10 }}</ref> Koch Industries and its subsidiaries, of which Koch is 42% owner, spent more than $20 million on lobbying in 2008 according to the non-partisan ], with $1.15 million—more than any other oil and gas company—donated to candidates.<ref>{{cite news |author=Carol Eisenberg |coauthors= |title=Billionaire Charles Koch is a patron of conservative causes - but out of public eye |url=http://news.muckety.com/2008/08/08/billionaire-charles-koch-plays-politics-but-out-of-public-eye/4461 |quote=Koch Industries contributes more money to candidates through its political action committee (KochPAC) and its 80,000 employees, than any other oil or gas company - donating $1.15 million during the 2008 election cycle, according to the Center for Responsive Politics. The lion’s share of that, or 85 percent, went to Republicans; 15 percent went to Democrats. |work=] |date=August 8, 2008 |accessdate=2010-09-10 }}</ref>


==Personal life== ==Personal life==

Revision as of 00:30, 16 September 2010

Charles de Ganahl Koch (pronounced /ˈkoʊk/, born November 1, 1935) is chairman of the board and chief executive officer of Koch Industries, Inc., the second largest privately held company (after Cargill) by revenue in the United States.

Early life and education

Koch was born and lives in Wichita, Kansas, one of four sons of Mary Robinson and Fred C. Koch. Koch's academic life was spent at the Massachusetts Institute of Technology. In 1957, he received a bachelor's degree in general engineering, a master's degree in mechanical engineering in 1958, and a masters degree in chemical engineering in 1960. He served as a member of The MIT Corporation from 1977 through 1982.

Political activities

Koch is a libertarian and supports many free-market organizations such as the Cato Institute, which he founded together with Edward H. Crane and Murray Rothbard in 1977. Koch also funds the selective Charles G. Koch Summer Fellow Program through the Institute for Humane Studies. He also funds the Mercatus Center at George Mason University, which works to stymie federal regulation, particularly from the Environmental Protection Agency.

Koch Industries and its subsidiaries, of which Koch is 42% owner, spent more than $20 million on lobbying in 2008 according to the non-partisan Center for Responsive Politics, with $1.15 million—more than any other oil and gas company—donated to candidates.

Personal life

Koch and his wife, Liz, have two children, Elizabeth and Chase.

Koch's brother, David H. Koch, was the Libertarian Party's candidate for vice president in 1980.

As of 2008, Koch was worth approximately $17 billion according to the Forbes 400 list.

Works

  • Charles G. Koch, The Science of Success: How Market-Based Management Built the World's Largest Private Company, Wiley, February 26, 2007, ISBN 978-0470139882

See also

References

  1. Forbes List
  2. ^ "The 400 Richest Americans". Forbes. 2008-03-05. Massachusetts Institute of Technology, Bachelor of Arts / Science Massachusetts Institute of Technology, Master of Science Son of Koch Industries founder Fred C. Koch (d. 1967), MIT grad who invented method of refining gasoline from heavy oil. Took refining innovation to Soviet Union 1929; returned home 1930s. Sons Frederick, Charles, David and William inherited Koch Industries after father's death; Charles and David bought out William and Frederick for $1.3 billion in 1983. {{cite news}}: line feed character in |quote= at position 67 (help)
  3. "FMK Foundation History". Fmkfoundation.org. Retrieved 2010-08-29.
  4. Corporation Membership, Historical, MIT
  5. "25 Years at Cato" (PDF). Retrieved 2009-07-10.
  6. "Charles G. Koch Summer Fellow Program". Institute for Humane Studies at George Mason University. Retrieved 2010-09-10. The Charles G. Koch Summer Fellow Program combines a paid public policy internship with two career skills seminars and weekly policy lectures. You'll gain real-world experience, take a crash course in market-based policy analysis, and hone your professional skills. The intensive ten-week program begins in June and includes a $1,500 stipend and a housing allowance.
  7. "The Brothers Koch: Rich, Political And Playing To Win". Fresh Air. August 26, 2010. 12:09 minutes in. National Public Radio. WHYY. {{cite episode}}: Unknown parameter |city= ignored (|location= suggested) (help); Unknown parameter |serieslink= ignored (|series-link= suggested) (help) Listen
  8. Carol Eisenberg (August 8, 2008). "Billionaire Charles Koch is a patron of conservative causes - but out of public eye". Muckety. Retrieved 2010-09-10. Koch Industries contributes more money to candidates through its political action committee (KochPAC) and its 80,000 employees, than any other oil or gas company - donating $1.15 million during the 2008 election cycle, according to the Center for Responsive Politics. The lion's share of that, or 85 percent, went to Republicans; 15 percent went to Democrats. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)
  9. Libertarian Party History, Online News Hour, July 5, 2000

External links

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