Charles Koch is the co-owner, chairman and chief executive officer of Koch Industries, one of the largest closely held companies in the world. The Wichita, Kansas-based firm operates in various industries including oil refining, pipelines, commodities trading, ranching and paper pulp, and has annual sales of $110 billion. He owns 42 percent of the company.
Charles Koch News
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We seem to have entered an era of government snooping and censorship unsurpassed even by the dismal standard set four decades ago by President Richard Nixon.
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Labor groups are putting pressure on Tribune Co.’s largest shareholder to prevent the possible sale of the Los Angeles Times to billionaire brothers David and Charles Koch.
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For the past six years, Elaine Tettemer Marshall, the fourth-richest woman in the U.S., has avoided the spotlight that ordinarily accompanies great wealth.
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Koch Industries Inc. and its employees and subsidiaries spent $1.2 million in the last election helping to elect Republican governors who are now trying to take away bargaining rights of state workers.
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Dan Maffei, a New York congressional candidate and former member of the U.S. House, said he is giving $3,500 in political donations from Koch Industries Inc. to charity because the company profited from business in Iran.
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Billionaire brothers Charles G. Koch, co-founder of the Cato Institute, and David H. Koch sued the free-market advocacy group, and the widow of Chairman Emeritus William Niskanen seeking control of his shares.
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Gordon Colby, who manages 5,000 acres of Maine blueberries, says he’d never heard of any billionaire brothers being involved when he decided to join a group lobbying for less government regulation.
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Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
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Koch Industries Inc., which spent $1.2 million in 2010 to help elect governors who oppose collective bargaining for public employees, won praise from a labor union official for backing the rights of factory workers.
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William Koch lost a bid to dismiss a lawsuit by a former Oxbow Carbon & Minerals LLC executive alleging the billionaire held him captive at his Colorado ranch.
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