David H. Koch

From Wikipedia, the free encyclopedia

David H. Koch
Born: 1940
United States
Occupation: Executive Vice President
Net worth: $12 billion USD Image:green up.png
(Feb, 2006)

David Hamilton Koch (born 1940) is one of the billionaire co-owners (with older brother Charles) and an executive vice president of Koch Industries, a conglomerate with major oil and gas holdings that is the largest privately held company in the United States. He lives in New York City and is that city's wealthiest resident.[1]

David Koch was the Libertarian Party's Vice-Presidential candidate in the 1980 U.S. presidential election, sharing the party ticket with Ed Clark. Koch (pronounced 'coke') contributed $1.6 million to the Libertarian campaign[citation needed]. The Clark-Koch ticket received just under one million popular votes and remains the most successful Libertarian presidential campaign to date.

David Koch currently serves on the board of directors of the libertarian Cato Institute and the Reason Foundation. His brother Charles Koch has also been active in organizing and funding foundations and think-tanks such as the Cato Institute.

David Koch is one of four sons of oil industry innovator Fred C. Koch. He attended Deerfield Academy and then the Massachusetts Institute of Technology (MIT). David received both bachelor's and master's degrees in chemical engineering in 1962 and 1963 respectively.

Preceded by
David Bergland		 Libertarian Party Vice-Presidential candidate
1980 (lost)		 Succeeded by
James A. Lewis
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