David Koch Net Worth

Net Worth: $47.5 Billion
Statistics
  • Source of Wealth:

    Diversified, Inherited
  • Age:

    78
  • Birth Place:

    Wichita, Kansas, United States
  • Marital Status:

    Married (Julia Margaret Flesher)
  • Full Name:

    David Hamilton Koch
  • Nationality:

    United States
More Stats View More

About David Hamilton Koch

American businessman, philanthropist, political activist, and chemical engineer, David Hamilton Koch, has a net worth of $47.5 billion in September 2018. He is co-owner (with older brother Charles), and an executive vice president of Koch Industries, a conglomerate that is the second-largest privately held company by revenue (with more than $100 billion in sales) in the United States according to a 2010 Forbes survey. Koch is the second-richest resident of New York City as of 2010. David and his borthers Charles, Frederick and William inherited Koch Industries from their father's after his death. His father, Father, Fred C. Koch (d. 1967), invented the method of turning heavy oil into gasoline. David and Charles bought out William and Frederick for $1.1 billion in 1983. Today the company, in which they both have 42% stakes, has investments in pipelines, refineries, fertilizer, fibers and polymers, forest and consumer products, chemical technology.

He is a major patron of the arts; a funder of conservative and libertarian political causes, including some organizations within the American Tea Party movement. Among other charities, he has contributed to Lincoln Center, Sloan Kettering, a fertility clinic at New York-Presbyterian Hospital and the American Museum of Natural History's David H. Koch Dinosaur Wing.

Earnings & Financial Data ?
Choose Year

Earnings 2014

Asset 2014
Value of his Southampton home
$18,000,000
Asset 2014
Value of his Aspen home
$15,000,000

Earnings 2013

Asset 2013
Value of his 18-room duplex in New York
$17,000,000
Show all earnings