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David Koch

Person

Charles Koch's younger brother who joined Koch Industries in 1970 and contributed to its massive growth.


First Mentioned

5/19/2026, 5:11:05 AM

Last Updated

5/19/2026, 5:12:41 AM

Research Retrieved

5/19/2026, 5:12:41 AM

Summary

David Hamilton Koch (1940–2019) was a prominent American businessman, chemical engineer, and philanthropist who, alongside his brother Charles, transformed Koch Industries into the second-largest privately held company in the United States. A graduate of MIT, David joined the family business in 1970 and became a co-owner in 1983, serving as executive vice president until his retirement in 2018. He was a central figure in the development of Principal-Based Management, a philosophy emphasizing bottom-up empowerment and creative destruction. Beyond business, Koch was a major force in American politics, running as the Libertarian vice-presidential candidate in 1980 before becoming a prolific donor to Republican causes. His philanthropic legacy includes billion-dollar contributions to medical research, particularly cancer care at Memorial Sloan Kettering, and cultural institutions like the Lincoln Center, where the New York State Theater was renamed in his honor.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Education

    Bachelor of Science and Master of Science in Chemical Engineering from Massachusetts Institute of Technology (MIT)

  • Full Name

    David Hamilton Koch

  • Net Worth

    $50.5 billion (as of June 2019)

  • Date of Birth

    1940-05-03

  • Date of Death

    2019-08-23

  • Place of Birth

    Wichita, Kansas, United States

  • Place of Death

    Southampton, New York, United States

  • Philanthropic Giving

    At least $1.3 billion in total charitable contributions

  • Political Affiliation

    Libertarian (before 1984); Republican (1984–2019)

Timeline
  • Born in Wichita, Kansas to Fred and Mary Koch. (Source: David H. Koch Foundation)

    1940-05-03

  • Joined the family business, Koch Industries. (Source: Wikipedia)

    1970-01-01

  • Became president of the subsidiary Koch Engineering. (Source: Wikipedia)

    1979-01-01

  • Ran as the Libertarian candidate for Vice President of the United States on the Clark-Koch ticket. (Source: Wikipedia)

    1980-11-04

  • Became co-owner of Koch Industries along with his brother Charles. (Source: Wikipedia)

    1983-01-01

  • Switched political affiliation from the Libertarian Party to the Republican Party. (Source: Wikipedia)

    1984-01-01

  • Donated $100 million for the renovation of the New York State Theater, which was subsequently renamed the David H. Koch Theater. (Source: Wikipedia)

    2008-01-01

  • Spent over $100 million in a political effort to oppose the re-election of President Barack Obama. (Source: Wikipedia)

    2012-01-01

  • Retired from his roles at Koch Industries and associated political advocacy groups due to declining health. (Source: Time Magazine)

    2018-06-05

  • Passed away at the age of 79 in Southampton, New York. (Source: NPR)

    2019-08-23

David Koch

David Hamilton Koch ( KOHK; May 3, 1940 – August 23, 2019) was an American businessman, philanthropist, limited government advocate and chemical engineer. In 1970, he joined the family business: Koch Industries, the second-largest privately held company in the United States. 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. Koch served as an executive vice president of Koch Industries until he retired due to health issues in 2018. Koch was a libertarian. He was the 1980 Libertarian candidate for Vice President of the United States and helped finance the campaign. He founded Citizens for a Sound Economy and donated to advocacy groups and political campaigns, the majority of which were Republican. 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. As of 2012, Koch was the fourth-richest person in the United States, and as of 2013 the wealthiest resident of New York City. As of June 2019, Koch was ranked as the 11th-richest person in the world (tied with his brother Charles), with a Net worth of $50.5 billion. Koch contributed to the Lincoln Center, Sloan Kettering, NewYork–Presbyterian Hospital, and the Dinosaur Wing at the American Museum of Natural History. The New York State Theater at Lincoln Center, home of the New York City Ballet, was renamed the David H. Koch Theater in 2008 following Koch's gift of $100 million for the renovation of the theater.

Web Search Results
  • David Koch - Wikipedia

    David Hamilton Koch (/koʊk/ KOHK; May 3, 1940 – August 23, 2019) was an American businessman, philanthropist, limited government advocate and chemical engineer. In 1970, he joined the family business: Koch Industries, the second-largest privately held company in the United States. 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. Koch served as an executive vice president of Koch Industries until he retired due to health issues in 2018. [...] Koch was the Libertarian Party's vice-presidential candidate in the 1980 presidential election, sharing the party ticket with presidential candidate Ed Clark. The Clark–Koch ticket "Ticket (election)") proposed downsizing the government through the elimination of various federal laws and departments. These included abolishing Social Security "Social Security (United States)"), the Federal Reserve Board, welfare, minimum-wage laws, corporate taxes, all price supports and subsidies for agriculture and business, and U.S. Federal agencies including the SEC, EPA, ICC, FTC, OSHA, FBI, CIA, and DOE. Their platform proposed privatizing all transportation and inland waterways. The ticket received 921,128 votes, 1% of the total nationwide vote. This was the Libertarian Party national ticket's best [...] | David Koch | | --- | | Koch in 2015 | | | Born | David Hamilton Koch (1940-05-03)May 3, 1940 Wichita, Kansas, U.S. | | Died | August 23, 2019(2019-08-23) (aged 79) Southampton, New York, U.S. | | Education | Massachusetts Institute of Technology (BS, MS) | | Known for | Support of libertarian and conservative causes Philanthropy to cultural and medical institutions | | Title | Vice President of Koch Industries | | Political party | Libertarian "Libertarian Party (United States)") (before 1984) Republican "Republican Party (United States)") (1984–2019) |

  • Billionaire Industrialist David Koch Retires From Business and Politics

    The tiptoe toward retirement carries far greater importance than the typical executive turnover. At Koch Industries, David Koch, age 78, carried the title of executive vice president, but his role — and partnership with his brother — gave him great sway over a conglomerate that employs 120,000 people and makes everything from Stainmaster carpet to Lycra cloth to Dixie paper cups and Sparkle paper towels, not to mention vast enterprises with petrochemicals. The industrialist was a force outside of the corporation, as well, given his deep pockets and unflinching confidence in the power of free societies. Read More: Charles and David Koch on the TIME 100 [...] # Billionaire Industrialist David Koch Retires From Business and Politics Philip Elliott Senior Correspondent David Koch Americans for Prosperity Foundation Chairman David Koch speaks in Orlando, Fla., Aug 30, 2013. Philip Elliott Senior Correspondent Billionaire industrialist Charles Koch on Tuesday announced his brother David Koch is stepping away from a day-to-day role with the family’s business for health reasons and is expected to take similar steps to unwind his involvement with the advocacy machine the Kochs have used to shape American politics. Charles Koch made the announcement via an email message sent to Koch Industries employees and obtained by TIME. [...] Read More: Charles and David Koch on the TIME 100 Koch, who is tied with brother Charles on the lists of the world’s richest individuals, has been a patron for causes as varied as the arts, medicine and public policy. Forbes estimates each brother has a wealth valued at $52 billion. David Koch has given at least $1.3 billion of his fortune to charitable causes, including the David H. Koch Center for Cancer Care at New York’s Memorial Sloan Kettering Cancer Center, the David H. Koch Cancer Research Building at Johns Hopkins University in Baltimore and the David H. Koch Theater, the Lincoln Center home for the New York City Ballet and the American Ballet Theatre. Advertisement

  • About David H. Koch | David H. Koch Foundation

    Copy of david koch head.jpeg As it turned out, David would be an engineer, and much, much more. An all-American athlete. A chief executive officer. A U.S. vice-presidential candidate. A cancer fighter. A plane crash survivor. An extremely generous philanthropist. From a Kansan to a New Yorker. A devoted husband. A proud father. dhk1.jpg Born May 3, 1940, to Fred and Mary Koch, David showed an early aptitude for technology and personal development that would serve him and others well throughout his eight decades. From business to philanthropy to politics—and even basketball—Koch made an indelible impression on everything he touched, leaving a legacy of helping others. Growing up Koch ​ [...] # DAVID H. KOCH FOUNDATION Mission Grant Recipients News & Events About More ## ABOUT DAVID H. KOCH (1940-2019) David Hamilton Koch, longtime stockholder, director, and leader in Koch Industries, passed away on August 23, 2019 at age 79 after many years of fighting various illnesses. This is the story of his life and contributions to the company where he worked, the communities where he lived, and the lives that he touched. David had always exhibited the qualities that enabled him to make so many contributions. As his father Fred put it, “David is very quick in mind and body. He is a natural athlete and very practical. If any of the kids becomes an engineer, I think it will be he.” Copy of david koch head.jpeg [...] Growing up Koch ​ David, who retired in 2018 as executive vice president of Koch Industries, was the third of four brothers—Frederick, the oldest; Charles, chairman and CEO, Koch Industries; and William, his fraternal twin. Despite the family’s wealth, Fred was determined not to let his sons become “country club bums,” as Charles Koch recalled in Good Profit. Instead of leisurely afternoons on the golf course or by the pool, David and his brothers worked outside during the hot summers and applied themselves in the classroom. dhk2.jpg

  • David Koch Dies; Billionaire Industrialist Funded Conservative Causes : NPR

    David Koch, who built one of the nation's largest private businesses with his brother Charles and pumped money into conservative groups to help reshape American politics, has died. Charles Koch confirmed the news in a statement on Friday that referenced David's long-running ailment. "Twenty-seven years ago, David was diagnosed with advanced prostate cancer and given a grim prognosis of a few years to live. David liked to say that a combination of brilliant doctors, state-of-the-art medications and his own stubbornness kept the cancer at bay. We can all be grateful that it did, because he was able to touch so many more lives as a result," Charles Koch wrote. No precise cause was given for David Koch's death. He was 79. David Koch, Billionaire Political Donor, Announces Retirement [...] NPR logo NPR Music NPR Music ### Politics # David Koch Dies; Conservative Billionaire Helped Reshape U.S. Politics By Peter Overby 2010 Peter Overby , Brian Naylor #### David Koch Dies; Conservative Billionaire Helped Reshape U.S. Politics `<iframe src=" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">` David Koch underwrote both old-fashioned charitable causes, such as the David H. Koch Center for Cancer Care, and the conservative movement, reshaping U.S. politics. Diane Bondareff/Invision for Koch Industries/AP hide caption David Koch underwrote both old-fashioned charitable causes, such as the David H. Koch Center for Cancer Care, and the conservative movement, reshaping U.S. politics. [...] David Koch and his three brothers grew up in Wichita, Kan., sons of oil industry tycoon Fred Koch. Charles and David eventually became co-owners of Koch Industries. Charles ran the company but David stayed involved, even after he moved to New York City. He was a fixture on the Manhattan social scene and a major donor to the city's cultural institutions, including the David H. Koch Theater, at Lincoln Center and the American Museum of Natural History. Daniel Schulman, author of Sons of Wichita: How the Koch Brothers Became America's Most Powerful and Private Dynasty, told NPR that David Koch often was the follower and Charles the leader.

  • Career Opportunities

    Accounting & FinanceAdministrative SupportBusiness Strategy & DevelopmentCompliance & Risk ManagementCustomer ServiceData & AnalyticsEngineeringEnvironmental Health & SafetyFacilities & Property ManagementProject ManagementHuman ResourcesInformation Systems & TechnologyLegalMaintenance & Skilled TradesMarketingOperations & ManufacturingProcurement & SourcingPublic Affairs & CommunicationsQualityResearch & Development SciencesSalesSupply ChainTradingTax ## Join our Talent Community Sign up to receive emails with career insights, and stories from the people who work here. Our Talent Community gives you a closer look at Koch and what your future here could hold. Sign up for emails Early careers ## Early career opportunities [...] Early careers ## Early career opportunities Whether you're looking for an internship, co-op or apprenticeship, your early career should set the stage for lifelong learning and contribution. Explore opportunities that challenge and support you from the beginning. Explore early careers Image 11: a man in a blue shirt smiling ## Employee stories From employee features to investments, innovations and community support, catch up with Koch. See more [...] ## Creating a world of opportunities We are part of a team of about 120,000 people worldwide, working to improve life’s essential products and services. With a presence in more than 50 countries, Koch companies offer abundant opportunities to make contributions that matter. Search open roles ## Career fields Take a closer look at the career fields that keep our companies growing and evolving.

Location Data

Dr. med. David Wahl, 1, Robert-Koch-Straße, Zschopau, Erzgebirgskreis, Sachsen, 09405, Deutschland

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Coordinates: 50.7478880, 13.0790242

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