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Charles Koch is an American businessman.
Charles De Ganahl Koch, popularly known as Charles Koch, was born in Wichita, Kansas, United States of America on November 1, 1935. Charles is a successful businessman.
He joined the family business and became the company’s president and renamed the company Koch Industries. Charles and his brother David were very much involved in politics and have made significant contributions to libertarian and conventional think tanks and campaign boards. The billionaire has donated millions of dollars to finance research, policy, and educational plans throughout his career.
The net worth of Charles Koch is around $62 billion. Once he was the fourth richest person in the world. Today is one of the 20 richest people in the world.
The amount of money Charles Koch earns per year is estimated to be around $20 million.
Charles Koch stands at an average height of 5 ft 6 in (167 cm) tall.
Charles Koch was born on November 1, 1935. Currently, this American businessman is 86 years old.
Charles Koch was born and raised in Wichita, Kansas, United States of America. Koch attended private high schools. After high school, Koch was enrolled in the Massachusetts Institute of Technology. In 1957, he received a Bachelor of Science (B. Sc) degree in General Engineering. In 1958, he earned a Master of Science (M. Sc) degree in Nuclear Engineering, and in 1960, he earned his second Master of Science (M. Sc) degree in Chemical Engineering from the Massachusetts Institute of Technology.
Charles Koch was born to Fred Koch and Clementine Mary. Charles's grandfather, Harry Koch, who settled in West Texas, was a Dutch refugee and started the Quanah Tribune-Chief newspaper. He was also an establishing stakeholder of Quanah, Acme, and Pacific Railway.
Charles had three brothers named Fredrick R. Koch, David Koch, and Bill Koch.
Charles Koch got married to Liz in 1972. The couple is blessed with two beautiful children, a son named Chase Koch and a daughter named Elizabeth Koch.
After earning his master's degree, Koch united with Arthur D. Little, Inc. However, in 1961, he decided to move back to Wichita to work with his father, Fred Koch, in the family business, Rock Island Oil & Refining Company. He was a hard-working young person who wanted to expand the family business. In 1967, Charles Koch was promoted to the president of the company and he even changed the name of the company to Koch Industries, in honor of his father.
Being an extremely competitive entrepreneur, Koch worked untiringly to grow the business, Koch Industries, which is today involved in miscellaneous fields such as the refining and distribution of petroleum, manufacturing, fiber, chemicals, pulp and paper, minerals, energy, intermediates, and polymers and fertilizers.
In 1982, Koch became the director of Koch Industries and also served in other corporations as the director including a paper and pulp corporation, Entrust Financial Corp., and Georgia-Pacific LLC. Charles's brothers Frederick Koch and Bill Koch had inherited stock in Koch Industries. In 1983, the news of disputes among the Koch brothers was out and after a legal and boardroom battle, the stakes of Frederick Koch and Bill Koch were credited out for $1.1 billion and Charles and his younger brother David became majority holders in the company.
Under the guidance of Charles Koch, Koch Industries saw a massive amount of growth and is presently in around 60 countries around the world and provides employment to more than 100,000 people internationally.
Over many years, Koch Industries capitalized on more than $70 billion in attainments and other capital expenditures. Companies Koch Industries has attained or gotten involved with include Molex, Georgia-Pacific, Koch Pipeline, Flint Hills Resources, Koch Minerals, Koch Fertilizer, and Matador Cattle Company.
Koch is a liberal and is in favor of a free initiative policy. He supports an amount of free-market-oriented educational organizations such as the Bill of Rights Institute, Cato Institute, the Institute for Humane Studies, and the Mercatus Center at George Mason University. He has funded the research of economists like Friedrich Hayek and James Buchanan.
As the co-owner, chief executive officer (CEO), and chairman of the board of Koch Industries, Charles had an essential role in converting the company from an average-sized firm to one of the major privately-held businesses in the United States of America.
Koch Industries received nearly 930 awards for safety, community stewardship, environmental excellence, customer service, and innovation. A donation of $11.25 million was made to the Wichita State University in 2014 by Koch Industries and the Koch Family Foundation.
Koch supports the American Institute for Economic Research, the right-wing libertarian think tank which sponsored the Great Barrington Declaration. He also founded the Charles Koch Foundation and donated $68,100 in 2018 to various charities.
Koch has won many awards and honors. In 1994, he was awarded the Adam Smith Award by the American Legislative Exchange Council. In 1999, he won the Directors' Award for Global Vision in Energy from the New York Mercantile Exchange. The Heritage Foundation gave him the Spirit of Justice Award in 2003. In 2005, he won the Herman W. Lay Memorial Award presented by the Association of Private Enterprise Education. Koch was honored with the William E. Simon Prize for Philanthropic Leadership by Philanthropy Roundtable in 2011. He was awarded Honorary Doctor of Laws from Babson College and Honorary Doctor of Science from George Mason University for his continued funding of the economics program at GMU. Koch was awarded Honorary Doctor of Commerce from Washburn University. He was awarded the President's Medal from Wichita State University, the Outstanding Humanitarian Award from the Greater Wichita Chapter of the National Society of Fundraising Executives, The Adam Smith Award from the American Legislative Exchange Council, the 1999 Governor's Arts Patrons Award from the Kansas Arts Commission, and the 2000 National Distinguished Service Award from The Tax Foundation.
https://en.wikipedia.org/wiki/Charles_Koch,
https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/charles-koch-net-worth/,
https://www.thefamouspeople.com/profiles/charles-koch-6417.php,
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At Kidadl we pride ourselves on offering families original ideas to make the most of time spent together at home or out and about, wherever you are in the world. We strive to recommend the very best things that are suggested by our community and are things we would do ourselves - our aim is to be the trusted friend to parents.
We try our very best, but cannot guarantee perfection. We will always aim to give you accurate information at the date of publication - however, information does change, so it’s important you do your own research, double-check and make the decision that is right for your family.
Kidadl provides inspiration to entertain and educate your children. We recognise that not all activities and ideas are appropriate and suitable for all children and families or in all circumstances. Our recommended activities are based on age but these are a guide. We recommend that these ideas are used as inspiration, that ideas are undertaken with appropriate adult supervision, and that each adult uses their own discretion and knowledge of their children to consider the safety and suitability.
Kidadl cannot accept liability for the execution of these ideas, and parental supervision is advised at all times, as safety is paramount. Anyone using the information provided by Kidadl does so at their own risk and we can not accept liability if things go wrong.
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