Who is 'David Koch'

David Koch is the former Vice President and current co-owner of Koch Industries and a major philanthropist donating to the arts and cancer research. On June 5, 2018, Charles Koch announced David’s retirement from Koch Industries due to health concerns.

Breaking Down 'David Koch'

David Hamilton Koch was born on May 3, 1940 in Wichita, Kansas. He attended Deerfield Academy in Massachusetts, where many family members have matriculated, graduating in 1959. He went on to earn undergraduate and graduate degrees in chemical engineering from the Massachusetts Institute of Technology (MIT). He played basketball at MIT, where he was a star player holding many school records until recent times.

In 1970, he joined the family business, Koch Industries, which operates in many markets including oil and gas refining; chemicals and biofuels; forest and consumer products; polymers and fibers; process and pollution control equipment and technologies; electronic components; commodity trading; minerals; energy; ranching; glass, and investments. In 1979, David became president of the subsidiary, Koch Engineering, and he later served as Executive Vice President of Koch Industries until his retirement in 2018.

David and his brother Charles are known for their support of conservative causes through their funding of a variety of political campaigns, university curriculum, media outlets and the Cato Institute and Reason Foundation. A social liberal on many issues including a woman’s right to choose and gay marriage, David is a dedicated fiscal conservative. He began as a libertarian, including running as the party’s vice presidential candidate in the 1980 election, before switching to the Republican Party. The Koch Brothers' power within conservative politics is legendary and can be seen in the 2018 announcement of their extensive plans to influence public opinion against President Trump’s trade tariffs through aggressive media buys and lobbying efforts.

David Koch the Philanthropist

Koch Industries has been a generous donor to charitable causes and David Koch has served on over 30 non-profit boards including Sloan-Kettering Cancer Center and the M.D. Anderson Cancer Center. David was diagnosed with prostate cancer two decades ago and has donated millions of dollars to cancer research and cancer care.

In 2018, Forbes named David Koch the eighth-wealthiest billionaire in the world. He lives with his wife in Manhattan and they have three children. He and the family’s foundation have made several large gifts to many of the most significant cultural institutions in Manhattan, including the Metropolitan Museum of Art, the New York City Ballet, Lincoln Center and the Natural History Museum.

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