Charles Koch is a famous member of the Koch family which operates the second largest business within the United States. The Koch brothers consists of four siblings but only 2 of them operate Koch industries. Charles and David Koch operate the family’s business. The other two brothers, Fred and William, sold their share of the family’s company to their brothers decades ago.
Charles is the second eldest brother within his clan. He was born in 1935 within the city of Wichita, Kansas. Koch’s early childhood was not one of privilege, luxury or leisure. This young man was forced to work and live like a common person. Apparently, his father wanted to teach him the value of hard work, money and self-reliance.
Koch’s early childhood lessons paid off in life and he ended up receiving three degrees from the Massachusetts Institute of Technology. All of degrees were in the field of engineering. Eventually. Koch went on to run his father’s refining company and from this business he had generated a net worth of $41.3 billion dollars in 2014. Currently, Charles is worth about $100 billion dollars when his enterprises and money is combined with his brother David.
The Koch Brothers immense wealth allows them to actively participate in politics from the lobbying end. They have been known to support Republican candidates who push for low taxes and moderately liberal regulations for businesses. The Koch Brothers also have PACs and super PACs that they use for political purposes as well. These two brothers have been quietly helping to shape the course of conservative politics for many years.
Charles Koch is investing in companies through their personal company known as 1888 Management LLC. This personal financial organization manages some of the brother’s wealth. Charles and David uses this company to buy parts of profitable businesses. These organizations help to generate more income for the Koch clan. The Koch brothers are well into their senior years but they are showing no signs of slowing down. They still are very influential and powerful men who are helping to shape American business and politics.