Charles Koch Birthday & Fun Facts | Kidadl

Charles Koch Birthday & Fun Facts

Height, Age, Net Worth, Biography & More

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Charles Koch Birthday Highlights

Birth Name
Charles de Ganahl Koch
Place Of Birth
Wichita, USA
Age
88 years old
Birth Date
November 1 1935

Charles Koch Facts

Child Star?
no
Occupation
Bussinessman
Education & Qualifications
Massachusetts Institute of Technology
Net Worth
$62,000,000,000
Current Partner
Liz Koch
Children
Chase Koch, Elizabeth Koch
Parents
Fred Koch. Clementine Mary
Siblings
Fredrick R. Koch, David Koch, Bill Koch

About Charles Koch

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.

Charles Koch's Net Worth, Earnings & Spending Habits

What is Charles Koch’s net worth?

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.

How much does Charles Koch earn per year?

The amount of money Charles Koch earns per year is estimated to be around $20 million.

Height, Age & Physical Attributes

How tall is Charles Koch?

Charles Koch stands at an average height of 5 ft 6 in (167 cm) tall.

How old is Charles Koch?

Charles Koch was born on November 1, 1935. Currently, this American businessman is 86 years old.

Childhood And Education

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.

Family, Romance, And Relationships

Who are Charles Koch's parents and siblings?

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.

Who is Charles Koch’s partner?

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.

Career And Professional Highlights

Best Known For…

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.

Charity Work

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.

What awards has Charles Koch won?

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.

Other Interesting Charles Koch Facts And Trivia

  • Koch has been inducted into the Kansas Oil and Gas Hall of Fame.
  • He belongs to the Beta Theta Pi fraternity.
  • He is one of the richest businessmen in and around the world and owns 43 percent of the Koch company.
  • Koch, along with Ed Crane and Murray Rothbard, founded Cato Institute in 1977.
  • For the last 54 years, since 1967, Charles Koch has been the chief executive officer and co-founder of Koch Industries.
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Kidadl Team
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