Charles de Ganahl Koch (pronounced "coke") (born 1 November 1935 ) is a billionaire engineer, and chairman of the board and chief executive officer of Koch Industries, Inc., the second largest privately held company (after Cargill) by revenue in the United States.[1]
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Koch was born and lives in Wichita, Kansas, United States, North America, one of four sons of Fred C. and Mary Robinson Koch.
Koch's academic life was spent at the Massachusetts Institute of Technology. In 1957, he received a bachelor's degree in general engineering, a master's degree in mechanical engineering in 1958, and a masters degree in chemical engineering in 1960.
As of 2008, Koch was worth approximately $17 billion according to the Forbes 400 list.[2]
Koch's brother, David H. Koch, was the Libertarian Party's candidate for vice president in 1980.
Koch and his wife, Liz, have two children, Elizabeth and Chase.
Koch is a libertarian and supports many free-market organizations such as the Cato Institute, which he founded together with Edward H. Crane and Murray Rothbard in 1977.[3] Koch also funds the highly selective Charles G. Koch Summer Fellow Program through the Institute for Humane Studies.
Koch Industries and its subsidiaries, of which Koch is 42% owner, spent more than $20 million on lobbying in 2008, according to the non-partisan Center for Responsive Politics.
Much of Koch Industries' success can be traced to the oil industry and Charles Koch's interest in and commitment to scientific and social progress, which led to the development and implementation of the Market-Based Management business philosophy. The concepts and practice of MBM are described in Koch's book Science of Success: How Market-Based Management Built the World’s Largest Private Company (ISBN 978-0-470-13988-2), published in March 2007 by John Wiley & Sons, Inc. Mr. Koch is further developing the theories and expanding the practice of the MBM philosophy, as well as other applications of the science of human action, not only throughout Koch Industries, but also with scholars, non-profit leaders, government officials, and other business leaders.
   | Wall Street Journal: The Weekend Interview - Featured Article - WSJ.com |
| | Media Transparency Article on Koch - Media Transparency 2.0: Coming Soon |
| | Forbes List - The Largest Private Companies - Forbes.com |
| | Sourcewatch entry for Charles G. Koch - Charles G. Koch - SourceWatch |
| | The 400 Richest Americans - #37 Charles Koch - Forbes.com |
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