David Koch is the co-owner and executive vice president 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 and paper pulp, and has annual sales of $110 billion. Koch owns 42 percent of the company.
Charles and David Koch, the billionaire brothers who run Wichita, Kansas-based Koch Industries Inc., added $1.3 billion to their collective fortune yesterday on reports that U.S. industrial production gained more than forecast. The surge elevated their net worth to more than $100 billion, according to the Bloomberg Billionaires Index.
Democrats are exploring a new attack line against the Koch brothers and Republican allies, telling voters the billionaire energy executives want to let home flood insurance premiums soar to help corporate America.
Mike Pence has spent more than a decade courting the deep-pocketed small-government cadre that has come to dominate Republican politics: The Koch brothers, the Club for Growth and the Heritage Foundation.
Two of the nation’s largest environmental groups are combining forces to raise $5 million for the 2014 election to blunt better-financed efforts by industry groups fighting tougher climate-change laws.
Koch Industries Inc. and Goldman Sachs Group Inc.’s private-equity unit agreed to buy Flint Group from CVC Capital Partners Ltd. to add chemicals and additives used in the printing and packaging industries.
Consumer activist Ralph Nader and a free-market group whose funders include billionaires Charles and David Koch are part of a growing crowd urging the Senate to preserve value for investors in Fannie Mae and Freddie Mac.
The central fundraising network of billionaire energy executives Charles and David Koch purchased its first batch of television ads in this year’s U.S. Senate races, public documents filed by broadcast stations show.