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Charles Koch

Charles de Ganahl Koch (/kk/ KOHK; born November 1, 1935) is an American billionaire businessman. As of February 2024, he was ranked as the 23rd richest man in the world on the Bloomberg Billionaires Index, with an estimated net worth of $64.9 billion.[4] Koch has been co-owner, chairman, and chief executive officer of Koch Industries since 1967, while his late brother David Koch served as executive vice president. Charles and David each owned 42% of the conglomerate. The brothers inherited the business from their father, Fred C. Koch, then expanded the business.[5] Koch Industries is the largest privately held company by revenue in the United States, according to Forbes.[6]

Charles Koch
Koch in 2019
Born
Charles de Ganahl Koch

(1935-11-01) November 1, 1935 (age 88)
EducationMassachusetts Institute of Technology (BS, MS, MS)
OccupationBusinessman
EmployerKoch Industries
TitleChairman and CEO of Koch Industries
Political partyLibertarian
Spouse
Liz Koch
(m. 1972)
[1]
Children
Parents
Relatives
Signature

Koch also supports a number of libertarian think tanks, including the Institute for Humane Studies, the Cato Institute, the Ayn Rand Institute,[7] and the Mercatus Center at George Mason University. He also contributes to the Republican Party and candidates, libertarian groups, and various charitable and cultural institutions. He co-founded the Washington, D.C.-based Cato Institute. Along with his brother, Koch has been an important funder of think tanks that lobby to oppose environmental regulation. Koch has published four books detailing his business philosophy, Market Based Management (2006),[8] The Science of Success (2007),[9] Good Profit (2015),[10] and Believe in People (2020).[11]

Early life and education edit

Koch was born and lives in Wichita, Kansas, one of four sons of Clementine Mary (née Robinson) and Fred Chase Koch.[12][13] Koch's grandfather, Harry Koch, was a Dutch immigrant who settled in West Texas, founded the Quanah Tribune-Chief newspaper, and was a founding shareholder of Quanah, Acme and Pacific Railway.[14] Among his maternal great-great-grandparents were William Ingraham Kip, an Episcopal bishop, and Elizabeth Clementine Stedman, a writer.

In an interview with Warren Cassell Jr., which was recorded in February 2016, Koch stated that as a child he did not live a privileged lifestyle despite growing up in a wealthy family. Koch said, "My father wanted me to work as if I was the poorest person in the world."[15] After attending several private high schools,[16] Koch was educated at the Massachusetts Institute of Technology. He is a member of the Beta Theta Pi fraternity.[17] He received a Bachelor of Science (B.S.) in General Engineering in 1957, a Master of Science (M.S.) in Nuclear Engineering in 1958, and a second M.S. in Chemical Engineering in 1959.[18] His focus was on ways to refine oil.

After college, Koch started work at Arthur D. Little, Inc.[19]

Career edit

In 1961 he moved back to Wichita to join his father's business, Rock Island Oil & Refining Company (now known as Koch Industries).[20] In 1967, he became president of the business, which was then a medium-sized oil firm.[21] In the same year, he renamed the firm Koch Industries in honor of his father.[22] Charles's brothers Frederick and Bill had inherited stock in Koch Industries. In June 1983, after a legal and boardroom battle, the stakes of Frederick and Bill were bought out for $1.1 billion and Charles and his younger brother David became majority owners in the company.[23] Despite the settlement, legal disputes continued until May 2001, when CBS News reported that Koch Industries settled for $25 million.[24]

In 2006, Koch Industries generated $90 billion in revenue, a growth of 2000 times over, which represents an annual compounded return of 18%.[25] As of 2014, Koch was worth approximately US$41.3[26] billion (in 2013 $36 billion) according to the Forbes 400 list.[12] Koch would routinely work 12-hour days at the office (and then spent more time working at home), weekends, and expected executives at Koch Industries to work weekends as well.[27][28]

Koch has been a director of INTRUST Financial Corp. since 1982[29] and director of Koch Industries Inc. since 1982. He is director of resin and fiber company Invista and director of Georgia-Pacific LLC, paper and pulp products. Koch founded or helped found several organizations, including the Cato Institute, the Institute for Humane Studies and the Mercatus Center at George Mason University, the Bill of Rights Institute, and the Market-Based Management Institute. He is a member of the Mont Pelerin Society.[30]

Political and economic views edit

Charles Koch describes himself as a classical liberal and has formerly identified as a libertarian.[31] He is opposed to corporate welfare[32] and told the National Journal that his "overall concept is to minimize the role of government and to maximize the role of private economy and to maximize personal freedoms."[33] He has expressed concern for too much government regulation in the U.S., stating that "we could be facing the greatest loss of liberty and prosperity since the 1930s."[34] In addition, he has warned that drastic government overspending and a decline of the free enterprise system will prove detrimental to long-term social and economic prosperity.[35]

According to Stephen Moore, influences on Koch include Alexis de Tocqueville,[36] Adam Smith, Michael Polanyi,[20] Joseph Schumpeter, Julian Simon, Paul Johnson, Thomas Sowell, Charles Murray, Leonard Read, and F. A. Harper.[21] The presidents he most admires include George Washington, Grover Cleveland, and Calvin Coolidge. In an interview with the American Journal of Business, Koch said he owes "a huge debt of gratitude to the giants who created the Austrian School [of economics]. They developed principles that enabled me to gain an understanding of how the world works, and these ideas were a catalyst in the development of Market-Based Management." In particular, he expresses admiration for Ludwig von Mises' book Human Action, as well as the writings of Friedrich Hayek.[20] Koch said "the short-term infatuation with quarterly earnings on Wall Street restricts the earnings potential of Fortune 500 publicly traded firms."[21] He also considers public firms to be "feeding grounds for lawyers and lawsuits," with regulations like Sarbanes–Oxley only increasing the earnings potential of privately held companies.[21]

Koch disdains "big government" and the "political class."[21] He believes billionaires Warren Buffett and George Soros, who fund organizations with different ideologies, "simply haven't been sufficiently exposed to the ideas of liberty."[21] Koch claimed "prosperity is under attack" by the Obama administration and sought to warn "of policies that threaten to erode our economic freedom and transfer vast sums of money to the state."[37]

Koch supports cannabis legalization. As of 2021, Koch is "actively funding efforts to end federal marijuana prohibition."[38]

In an April 2011 Wall Street Journal op-ed, Koch wrote:

Government spending on business only aggravates the problem. Too many businesses have successfully lobbied for special favors and treatment by seeking mandates for their products, subsidies (in the form of cash payments from the government), and regulations and tariffs to keep more efficient competitors at bay. Crony capitalism is much easier than competing in an open market. But it erodes our overall standard of living and stifles entrepreneurs by rewarding the politically favored rather than those who provide what consumers want.[39]

His opposition to corporate welfare includes lobbying for the end to ethanol subsidies even though Koch Industries is a major ethanol producer. He is quoted as saying: "The first thing we've got to get rid of is business welfare and entitlements."[40]

In an April 2014 Wall Street Journal op-ed, Koch wrote, "the fundamental concepts of dignity, respect, equality before the law and personal freedom are under attack by the nation's own government." He criticized the Obama Administration, saying that its "central belief and fatal conceit" is that people are not capable of running their own lives. "This is the essence of big government and collectivism," he wrote. He cited the "current health care debacle" as an example of disastrous government control. He complained that he had been the victim of "character assassination."[41][42]

Market-based management edit

Koch's business philosophy, "market-based management" (MBM), is described in his 2007 book The Science of Success. In an interview with the Wichita Eagle,[22] he said that he was motivated to write the book by Koch Industries' 2004 acquisition of Invista so he could give new employees a "comprehensive picture" of MBM. According to the website of the Market-Based Management Institute, which Koch founded in 2005, MBM is "based on rules of just conduct, economic thinking, and sound mental models", harnessing the dispersed knowledge of employees just as markets harness knowledge in society. "It is organized in and interpreted through five dimensions: vision, virtue and talents, decision rights, incentives, and knowledge processes."[43] In the book, Koch attempts to apply Friedrich Hayek's spontaneous order theory and Austrian entrepreneurial theory, such as that of Mises and Israel Kirzner, to organizational management.[40][44]

Political activities and philanthropy edit

Libertarianism edit

Koch funds and supports libertarian and free-enterprise policy and advocacy organizations.[37] Two works that have been especially influential upon Koch's philosophy are Ludwig Von Mises' Human Action and F. A. Harper's Why Wages Rise. After reading Harper's book, Koch became involved with Harper's Institute for Humane Studies, of which he became a principal supporter. He has been on the board of IHS since 1966. Since the 1980s, IHS has been increasingly interested in aiding the careers of aspiring educators, journalists, and policy professionals with an interest in classical liberal thought. Among other projects, the IHS runs the Charles G. Koch Summer Fellow Program, which "has supported more than 900 students during eight-week internships at public policy organizations, both in D.C. and around the country."[45] In addition, almost 200 institutions of higher education in the U.S. are funded by the Charles G. Koch Foundation. What all the Koch-funded programs have in common is an interest in studying free societies with an eye to understanding the mechanisms behind the assumption that economic freedom benefits humanity.[45]

In 1977 he co-founded the Cato Institute with Edward H. Crane and Murray Rothbard.[46]

In 2008, Koch was included in Businessweek's list of top 50 American givers. Between 2004 and 2008, Koch gave $246 million, focusing on "libertarian causes, giving money for academic and public policy research and social welfare."[47] Koch was awarded an Honorary Doctorate from George Mason University in recognition of his financial support "through scholarships, faculty recruitment, and research grants".[48]

In June 2019, the Charles Koch Foundation announced the foundation of anti-war think tank Quincy Institute for Responsible Statecraft, cosponsored by George Soros' Open Society Foundations.[49] He is a board member at the Mercatus Center, a market-oriented research think tank at George Mason University.[50]

Koch's philanthropic activities have focused on research, policy, and educational projects intended to advance free-market views. He has underwritten scholarships and financed the research of economists such as James Buchanan[51] and Friedrich Hayek. He has also "supported efforts to inspire at-risk young people to consider entrepreneurship, to teach American students the principles of limited government, and to connect recent graduates with market-oriented organizations, in an effort to launch their careers in public policy."[45] Koch has given money to support public policy research focused on "developing voluntary, market-based solutions to social problems."[52] He has given to the Bill of Rights Institute, a non-profit group that educates teachers, students, and others about the Bill of Rights.[52][53] He has also given to the Youth Entrepreneurs, an organization that teaches business skills to at-risk youth in Kansas schools.[54]

Climate change edit

Koch acknowledges anthropogenic climate change, but opposes top-down government regulation as a solution. Rather, he favors bottom-up technological innovation from private entities, saying they can lower emissions while improving efficiency and lowering costs.[55]

He has heavily funded organizations and politicians who oppose environmental regulations.[56][57][58][59] A leaked 2012 fundraising plan indicated that the Charles G. Koch Charitable Foundation contributed $25,000 in 2011 to the Heartland Institute, an American conservative and libertarian public policy think tank.[60][61][62] Koch has also supported the Berkeley Earth Surface Temperature project, a scientific effort to compile an open database of the Earth's surface temperature records.[63]

The Pacific Legal Foundation, funded by Koch, has litigated against increased environmental regulation.[64][65] The American Enterprise Institute received $2.1 million over two decades from the Charles Koch Foundation for its climate change denialist activities.[64][65] Together with ExxonMobil's, Koch's wealth was also supplied to the Independent Institute, another think-tank known for lobby in favor of climate change denial.[64][65] Koch has also given money to the American Institute for Economic Research, a right-wing libertarian think tank which also lobbies against climate science.[64][65] Koch-backed Americans for Prosperity has fought efforts by the Environmental Protection Agency to regulate carbon emissions.[66] The Republican Trump administration adopted environmental policies similar to those advocated for by Koch-funded groups.[56] Koch has backed the Competitive Enterprise Institute and the CO2 Coalition, both of which also supported former President Donald Trump’s 2017 withdrawal from the Paris climate agreement.[66]

In 2022, Koch was named one of the US' top 'climate villains' by The Guardian.[67]  As of 2023, his company has received awards from the EPA for three consecutive years.[68]

COVID-19 pandemic edit

Koch has also given money to the American Institute for Economic Research, the right-wing libertarian think tank which sponsored the Great Barrington Declaration.[64][65] His Charles Koch Foundation gave $68,100 in 2018.[64][65] The declaration's sponsor employed Emergent Order, a public relations firm which itself receives funding from Koch's Foundation, registered as $1.4 million between 2014 and 2019.[64][65]

Political campaigns edit

Koch supported his brother's candidacy for vice president on the Libertarian Party ticket in 1980.[69] After the bid, Koch told a reporter that conventional politics "tends to be a nasty, corrupting business ... I'm interested in advancing libertarian ideas".[69] In addition to funding think tanks, Charles and David also support libertarian academics[70] and Koch funds the Charles G. Koch Summer Fellow Program through the Institute for Humane Studies which recruits and mentors young libertarians.[71] Koch also organizes twice yearly meetings[21] of Republican donors.[37]

Koch supported the Tea Party movement. "The way it's grown, the passion, and the intensity, was beyond what I had anticipated," he told an interviewer.[35] He funded groups opposed to Barack Obama's administration.[69]

In 2011, Koch was awarded the William E. Simon Prize for Philanthropic Leadership.[72] The award honors "the ideals and principles which guided William E. Simon's giving, including personal responsibility, resourcefulness, volunteerism, scholarship, individual freedom, faith in God, and helping people to help themselves."[73]

In July 2015 Charles Koch and his brother were praised by President Obama and Anthony Van Jones for their bipartisan efforts to reform the criminal justice system.[74][75] For roughly a decade Koch has been advocating for several reforms within the prison system, including the reduction of recidivist criminals, easing the employment process for rehabilitated persons, and the defense of private property from asset forfeiture.[75][76] Aligning with groups such as the ACLU, the Center for American Progress, Families Against Mandatory Minimums, the Coalition for Public Safety, and the MacArthur Foundation, Koch believes the current system has unfairly targeted low-income and minority communities all while wasting substantial government resources.[75]

In February 2016, Koch penned an opinion piece in The Washington Post, where he said he agreed with presidential candidate Bernie Sanders about the unfairness of corporate welfare and mass incarceration in the United States.[77]

In 2020, Koch's Koch Industries donated $2.8 million to Republican Party causes through a political action committee. Koch Industries donated $221,000 to Democratic Party causes.[78]

On November 13, 2020, reports in several media published statements made during an interview with The Wall Street Journal by Koch about his regret that he had contributed significantly to the development of hyper-partisanship in the United States. Koch added that he intended to work with Democrats, moderate Republicans, and liberals to facilitate bipartisanship.[79][80][81]

Sports and culture edit

In 2002, Koch Industries donated $6 million to renovate the Wichita State University basketball arena. The gift was given in honor of Koch, and the arena was subsequently renamed the Charles Koch Arena.[82] Koch has continued to be a major donor to both the university and its athletic program. In December 2014, Koch Industries and the Koch family foundation donated $11.25 million to the university, the largest one-time gift in school history, with $4.5 million of that going toward a plan to renovate the arena and expand the athletic program's academic support center.[83] Several months later, when men's basketball head coach Gregg Marshall was considering an offer to become head coach at the University of Alabama, Koch led a group of local business leaders and WSU boosters that raised Marshall's annual salary from $1.85 million to $3 million and kept him at the school. The raise was seen as an unprecedented move for a school outside the Power Five conferences, and likely to make Marshall among the 10 highest-paid college basketball coaches.[84]

Through the Koch Cultural Trust, founded by Charles Koch's wife, Elizabeth, the Koch family has provided financial support to promising artists in a variety of fields. More than $1.7 million in grants have been awarded to programs and individuals with Kansas roots.[85][non-primary source needed]

Personal life edit

Koch has been married to his wife Liz since 1972.[1] He has two children, Chase Koch and Elizabeth Koch.[69][2][86] Charles and his three brothers have all suffered from prostate cancer.[87] Koch "rarely grants media interviews and prefers to keep a low profile".[22] Time magazine included Charles and David Koch among the most influential people of 2011. According to the magazine, the list includes "activists, reformers and researchers, heads of state and captains of industry." The article describes the brothers' commitment to free-market principles, the growth and development of their business, and their support for Tea Party organizations and political candidates.[5] Koch lives in Wichita, Kansas,[88] and has homes in Indian Wells, California,[89] and Aspen, Colorado.[90] Koch is irreligious.[91]

Awards edit

Koch has received various awards and honors, including:

See also edit

References edit

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  5. ^ a b Ferguson, Andrew (April 21, 2011). . Time. Archived from the original on April 25, 2011. Retrieved April 22, 2011.
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  8. ^ 2006 ISBN 978-1931721998
  9. ^ Charles G. Koch (2007). The Science Of Success May 17, 2014, at the Wayback Machine ISBN 978-0470139882 Retrieved April 2011.
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  11. ^ ""Believe in People" By Charles Koch & Brian Hooks". Believe In People. Retrieved September 6, 2023.
  12. ^ a b "The 400 Richest Americans". Forbes. Massachusetts Institute of Technology, Bachelor of Arts / Science Massachusetts Institute of Technology, Master of Science Son of Koch Industries founder Fred C. Koch (d. 1967), MIT grad who invented method of refining gasoline from heavy oil. Took refining innovation to Soviet Union 1929; returned home 1930s. Sons Frederick, Charles, David and William inherited Koch Industries after father's death; Charles and David bought out William and Frederick for $1.3 billion in 1983.
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  14. ^ Daniel Fisher (February 26, 2007). "Koch's Laws". Forbes. Retrieved November 16, 2010.
  15. ^ "Interview with Charles Koch". Warren Cassell Jr.
  16. ^ Tankersley, Jim (August 1, 2016). "'I don't like the idea of capitalism': Charles Koch, unfiltered". The Washington Post. Retrieved December 6, 2017.
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  22. ^ a b c Phyllis Jacobs Griekspoor (March 4, 2007). . Wichita Eagle. Archived from the original on September 12, 2011.
  23. ^ Wayne, Leslie (April 28, 1998). "Brother Versus Brother; Koch Family's Long Legal Feud Is Headed for a Jury". The New York Times. from the original on March 26, 2018.
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  32. ^ The Koch Brothers December 24, 2012 p. 96 Forbes
  33. ^ National Journal (May 16, 1992)
  34. ^ The Top 10 Forbes Asia October 19, 2009.
  35. ^ a b Continetti, Matthew (April 4, 2011). "The Paranoid Style in Liberal Politics". The Weekly Standard.
  36. ^ Koch, Charles, The Science of Success, p. 57
  37. ^ a b c Kate Zernike (October 25, 2010). "Secretive Republican Donors Are Planning Ahead". The New York Times.
  38. ^ Yakowicz, Will (July 27, 2021). "Billionaire Charles Koch On Why Cannabis Should Be Legal". Forbes. Retrieved February 19, 2022.
  39. ^ Koch, Charles (March 1, 2011). "Why Koch Industries Is Speaking Out". The Wall Street Journal.
  40. ^ a b Daniel Fisher (December 5, 2012). "Inside The Koch Empire: How The Brothers Plan To Reshape America". Forbes.
  41. ^ Koch, Charles (April 3, 2014). "Charles Koch: I'm Fighting to Restore a Free Society". The Wall Street Journal.
  42. ^ Kopan, Tal (April 3, 2014). "Charles Koch calls critics 'collectivists'". Politico.
  43. ^ What is MBM? January 14, 2011, at the Wayback Machine www.mbminstitute.org. Retrieved April 2011.
  44. ^ Schor, Elana (May 16, 2011). "In Right's Energy-Subsidy Clash, Shades of Koch vs. Pickens". The New York Times. Retrieved May 19, 2011.
  45. ^ a b c Glassman, James. "Market-Based Man". Philanthropy Magazine. Philanthropy Roundtable. Retrieved March 16, 2012.
  46. ^ "25 Years at Cato" (PDF). Retrieved July 10, 2009.
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  48. ^ Charles Koch receives honorary degree from George Mason University www.kochind.com. Retrieved April 2011.
  49. ^ Kinzer, Stephen (June 30, 2019). "In an astonishing turn, George Soros and Charles Koch team up to end US 'forever war' policy". The Boston Globe. Retrieved August 23, 2019.
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  51. ^ MacLean, Nancy (2017). Democracy in chains : the deep history of the radical right's stealth plan for America. New York. ISBN 978-1-101-98096-5. OCLC 987376346.{{cite book}}: CS1 maint: location missing publisher (link)
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  53. ^ "Bill of Rights Institute". Media Matters for America.
  54. ^ . Charles G. Koch Foundation. Archived from the original on February 5, 2011. Retrieved December 12, 2010.
  55. ^ Koch, Charles (November 25, 2020). "Charles Koch and Brian Hooks: Believe in People" (Interview). Interviewed by Nick Gillespie. Retrieved November 27, 2020. And so for many years I've been saying it. Okay, the temperature's been rising for over a century now, and human activity has contributed to it. But the approach is wrong. This top-down approach which they are using supposedly around the world, and emissions keep rising. So it's not accomplishing. What does, what has accomplished and what will accomplish are innovations, bottom-up innovations that, for example, substitute natural gas for coal.... And we're working on inventing things that will do two things: not just have less emissions, but will be cheaper and more affordable rather than much more expensive and unreliable, which makes people's lives worse. (36:37-38:00)
  56. ^ a b Davenport, Coral; Lipton, Eric (June 3, 2017). "How G.O.P. Leaders Came to View Climate Change as Fake Science". The New York Times. ISSN 0362-4331. Retrieved September 5, 2020.
  57. ^ Mayer, Jane (August 13, 2019). ""Kochland" Examines the Koch Brothers' Early, Crucial Role in Climate-Change Denial". The New Yorker. Retrieved September 5, 2020.
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  63. ^ BEST donors April 3, 2011, at the Wayback Machine, accessed 3/25/11
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  68. ^ McCoy, Daniel (March 28, 2023). "Koch Industries Inc. notches EPA Energy Star award for third straight year". www.bizjournals.com. Retrieved June 29, 2023.
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  70. ^ Brian Doherty (2008). Radicals for Capitalism: A Freewheeling History of the Modern American Libertarian Movement. PublicAffairs. p. 410. ISBN 978-1-58648-572-6. One longtime Koch lieutenant characterized the overall strategy of Koch's libertarian funding over the years with both a theatrical metaphor and an Austrian capital theory one: Politicians, ultimately, are just actors playing out a script. The idea is, one gets better and quicker results aiming not at the actors but at the scriptwriters, to help supply the themes and words for the scripts—to try to influence the areas where policy ideas percolate from: academia and think tanks. Ideas, then, are the capital goods that go into building policy as a finished product—and there are insufficient libertarian capital goods at the top of the structure of production to build the policies libertarians demand.
  71. ^ . Institute for Humane Studies at George Mason University. Archived from the original on August 30, 2010. Retrieved September 10, 2010. The Charles G. Koch Summer Fellow Program combines a paid public policy internship with two career skills seminars and weekly policy lectures. You'll gain real-world experience, take a crash course in market-based policy analysis, and hone your professional skills. The intensive ten-week program begins in June and includes a $1,500 stipend and a housing allowance.
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  76. ^ Hudetz, Mary (October 15, 2015). "Forfeiture reform aligns likes of billionaire Charles Koch, ACLU". The Topeka Capital Journal.
  77. ^ Koch, Charles G. (February 18, 2016). "Charles Koch: This is the one issue where Bernie Sanders is right". The Washington Post. Retrieved February 19, 2016.
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  97. ^ "MEDALISTS". ELLIS ISLAND HONORS SOCIETY. Retrieved May 31, 2022.

Further reading edit

  • Leonard, Christopher (2019). Kochland: The Secret History of Koch Industries and Corporate Power in America. New York: Simon & Schuster. ISBN 9781476775388. OCLC 1110726946.

External links edit

charles, koch, charles, ganahl, koch, kohk, born, november, 1935, american, billionaire, businessman, february, 2024, ranked, 23rd, richest, world, bloomberg, billionaires, index, with, estimated, worth, billion, koch, been, owner, chairman, chief, executive, . Charles de Ganahl Koch k oʊ k KOHK born November 1 1935 is an American billionaire businessman As of February 2024 he was ranked as the 23rd richest man in the world on the Bloomberg Billionaires Index with an estimated net worth of 64 9 billion 4 Koch has been co owner chairman and chief executive officer of Koch Industries since 1967 while his late brother David Koch served as executive vice president Charles and David each owned 42 of the conglomerate The brothers inherited the business from their father Fred C Koch then expanded the business 5 Koch Industries is the largest privately held company by revenue in the United States according to Forbes 6 Charles KochKoch in 2019BornCharles de Ganahl Koch 1935 11 01 November 1 1935 age 88 Wichita Kansas U S EducationMassachusetts Institute of Technology BS MS MS OccupationBusinessmanEmployerKoch IndustriesTitleChairman and CEO of Koch IndustriesPolitical partyLibertarianSpouseLiz Koch m 1972 wbr 1 ChildrenChase Koch 2 Elizabeth Koch 3 ParentsFred C Koch Mary RobinsonRelativesFrederick R Koch brother David Koch brother Bill Koch brother SignatureKoch also supports a number of libertarian think tanks including the Institute for Humane Studies the Cato Institute the Ayn Rand Institute 7 and the Mercatus Center at George Mason University He also contributes to the Republican Party and candidates libertarian groups and various charitable and cultural institutions He co founded the Washington D C based Cato Institute Along with his brother Koch has been an important funder of think tanks that lobby to oppose environmental regulation Koch has published four books detailing his business philosophy Market Based Management 2006 8 The Science of Success 2007 9 Good Profit 2015 10 and Believe in People 2020 11 Contents 1 Early life and education 2 Career 3 Political and economic views 3 1 Market based management 4 Political activities and philanthropy 4 1 Libertarianism 4 2 Climate change 4 3 COVID 19 pandemic 4 4 Political campaigns 4 5 Sports and culture 5 Personal life 6 Awards 7 See also 8 References 9 Further reading 10 External linksEarly life and education editKoch was born and lives in Wichita Kansas one of four sons of Clementine Mary nee Robinson and Fred Chase Koch 12 13 Koch s grandfather Harry Koch was a Dutch immigrant who settled in West Texas founded the Quanah Tribune Chief newspaper and was a founding shareholder of Quanah Acme and Pacific Railway 14 Among his maternal great great grandparents were William Ingraham Kip an Episcopal bishop and Elizabeth Clementine Stedman a writer In an interview with Warren Cassell Jr which was recorded in February 2016 Koch stated that as a child he did not live a privileged lifestyle despite growing up in a wealthy family Koch said My father wanted me to work as if I was the poorest person in the world 15 After attending several private high schools 16 Koch was educated at the Massachusetts Institute of Technology He is a member of the Beta Theta Pi fraternity 17 He received a Bachelor of Science B S in General Engineering in 1957 a Master of Science M S in Nuclear Engineering in 1958 and a second M S in Chemical Engineering in 1959 18 His focus was on ways to refine oil After college Koch started work at Arthur D Little Inc 19 Career editIn 1961 he moved back to Wichita to join his father s business Rock Island Oil amp Refining Company now known as Koch Industries 20 In 1967 he became president of the business which was then a medium sized oil firm 21 In the same year he renamed the firm Koch Industries in honor of his father 22 Charles s brothers Frederick and Bill had inherited stock in Koch Industries In June 1983 after a legal and boardroom battle the stakes of Frederick and Bill were bought out for 1 1 billion and Charles and his younger brother David became majority owners in the company 23 Despite the settlement legal disputes continued until May 2001 when CBS News reported that Koch Industries settled for 25 million 24 In 2006 Koch Industries generated 90 billion in revenue a growth of 2000 times over which represents an annual compounded return of 18 25 As of 2014 update Koch was worth approximately US 41 3 26 billion in 2013 36 billion according to the Forbes 400 list 12 Koch would routinely work 12 hour days at the office and then spent more time working at home weekends and expected executives at Koch Industries to work weekends as well 27 28 Koch has been a director of INTRUST Financial Corp since 1982 29 and director of Koch Industries Inc since 1982 He is director of resin and fiber company Invista and director of Georgia Pacific LLC paper and pulp products Koch founded or helped found several organizations including the Cato Institute the Institute for Humane Studies and the Mercatus Center at George Mason University the Bill of Rights Institute and the Market Based Management Institute He is a member of the Mont Pelerin Society 30 Political and economic views editCharles Koch describes himself as a classical liberal and has formerly identified as a libertarian 31 He is opposed to corporate welfare 32 and told the National Journal that his overall concept is to minimize the role of government and to maximize the role of private economy and to maximize personal freedoms 33 He has expressed concern for too much government regulation in the U S stating that we could be facing the greatest loss of liberty and prosperity since the 1930s 34 In addition he has warned that drastic government overspending and a decline of the free enterprise system will prove detrimental to long term social and economic prosperity 35 According to Stephen Moore influences on Koch include Alexis de Tocqueville 36 Adam Smith Michael Polanyi 20 Joseph Schumpeter Julian Simon Paul Johnson Thomas Sowell Charles Murray Leonard Read and F A Harper 21 The presidents he most admires include George Washington Grover Cleveland and Calvin Coolidge In an interview with the American Journal of Business Koch said he owes a huge debt of gratitude to the giants who created the Austrian School of economics They developed principles that enabled me to gain an understanding of how the world works and these ideas were a catalyst in the development of Market Based Management In particular he expresses admiration for Ludwig von Mises book Human Action as well as the writings of Friedrich Hayek 20 Koch said the short term infatuation with quarterly earnings on Wall Street restricts the earnings potential of Fortune 500 publicly traded firms 21 He also considers public firms to be feeding grounds for lawyers and lawsuits with regulations like Sarbanes Oxley only increasing the earnings potential of privately held companies 21 Koch disdains big government and the political class 21 He believes billionaires Warren Buffett and George Soros who fund organizations with different ideologies simply haven t been sufficiently exposed to the ideas of liberty 21 Koch claimed prosperity is under attack by the Obama administration and sought to warn of policies that threaten to erode our economic freedom and transfer vast sums of money to the state 37 Koch supports cannabis legalization As of 2021 Koch is actively funding efforts to end federal marijuana prohibition 38 In an April 2011 Wall Street Journal op ed Koch wrote Government spending on business only aggravates the problem Too many businesses have successfully lobbied for special favors and treatment by seeking mandates for their products subsidies in the form of cash payments from the government and regulations and tariffs to keep more efficient competitors at bay Crony capitalism is much easier than competing in an open market But it erodes our overall standard of living and stifles entrepreneurs by rewarding the politically favored rather than those who provide what consumers want 39 His opposition to corporate welfare includes lobbying for the end to ethanol subsidies even though Koch Industries is a major ethanol producer He is quoted as saying The first thing we ve got to get rid of is business welfare and entitlements 40 In an April 2014 Wall Street Journal op ed Koch wrote the fundamental concepts of dignity respect equality before the law and personal freedom are under attack by the nation s own government He criticized the Obama Administration saying that its central belief and fatal conceit is that people are not capable of running their own lives This is the essence of big government and collectivism he wrote He cited the current health care debacle as an example of disastrous government control He complained that he had been the victim of character assassination 41 42 Market based management edit Koch s business philosophy market based management MBM is described in his 2007 book The Science of Success In an interview with the Wichita Eagle 22 he said that he was motivated to write the book by Koch Industries 2004 acquisition of Invista so he could give new employees a comprehensive picture of MBM According to the website of the Market Based Management Institute which Koch founded in 2005 MBM is based on rules of just conduct economic thinking and sound mental models harnessing the dispersed knowledge of employees just as markets harness knowledge in society It is organized in and interpreted through five dimensions vision virtue and talents decision rights incentives and knowledge processes 43 In the book Koch attempts to apply Friedrich Hayek s spontaneous order theory and Austrian entrepreneurial theory such as that of Mises and Israel Kirzner to organizational management 40 44 Political activities and philanthropy editSee also Political activities of the Koch brothers Libertarianism edit Koch funds and supports libertarian and free enterprise policy and advocacy organizations 37 Two works that have been especially influential upon Koch s philosophy are Ludwig Von Mises Human Action and F A Harper s Why Wages Rise After reading Harper s book Koch became involved with Harper s Institute for Humane Studies of which he became a principal supporter He has been on the board of IHS since 1966 Since the 1980s IHS has been increasingly interested in aiding the careers of aspiring educators journalists and policy professionals with an interest in classical liberal thought Among other projects the IHS runs the Charles G Koch Summer Fellow Program which has supported more than 900 students during eight week internships at public policy organizations both in D C and around the country 45 In addition almost 200 institutions of higher education in the U S are funded by the Charles G Koch Foundation What all the Koch funded programs have in common is an interest in studying free societies with an eye to understanding the mechanisms behind the assumption that economic freedom benefits humanity 45 In 1977 he co founded the Cato Institute with Edward H Crane and Murray Rothbard 46 In 2008 Koch was included in Businessweek s list of top 50 American givers Between 2004 and 2008 Koch gave 246 million focusing on libertarian causes giving money for academic and public policy research and social welfare 47 Koch was awarded an Honorary Doctorate from George Mason University in recognition of his financial support through scholarships faculty recruitment and research grants 48 In June 2019 the Charles Koch Foundation announced the foundation of anti war think tank Quincy Institute for Responsible Statecraft cosponsored by George Soros Open Society Foundations 49 He is a board member at the Mercatus Center a market oriented research think tank at George Mason University 50 Koch s philanthropic activities have focused on research policy and educational projects intended to advance free market views He has underwritten scholarships and financed the research of economists such as James Buchanan 51 and Friedrich Hayek He has also supported efforts to inspire at risk young people to consider entrepreneurship to teach American students the principles of limited government and to connect recent graduates with market oriented organizations in an effort to launch their careers in public policy 45 Koch has given money to support public policy research focused on developing voluntary market based solutions to social problems 52 He has given to the Bill of Rights Institute a non profit group that educates teachers students and others about the Bill of Rights 52 53 He has also given to the Youth Entrepreneurs an organization that teaches business skills to at risk youth in Kansas schools 54 Climate change edit Koch acknowledges anthropogenic climate change but opposes top down government regulation as a solution Rather he favors bottom up technological innovation from private entities saying they can lower emissions while improving efficiency and lowering costs 55 He has heavily funded organizations and politicians who oppose environmental regulations 56 57 58 59 A leaked 2012 fundraising plan indicated that the Charles G Koch Charitable Foundation contributed 25 000 in 2011 to the Heartland Institute an American conservative and libertarian public policy think tank 60 61 62 Koch has also supported the Berkeley Earth Surface Temperature project a scientific effort to compile an open database of the Earth s surface temperature records 63 The Pacific Legal Foundation funded by Koch has litigated against increased environmental regulation 64 65 The American Enterprise Institute received 2 1 million over two decades from the Charles Koch Foundation for its climate change denialist activities 64 65 Together with ExxonMobil s Koch s wealth was also supplied to the Independent Institute another think tank known for lobby in favor of climate change denial 64 65 Koch has also given money to the American Institute for Economic Research a right wing libertarian think tank which also lobbies against climate science 64 65 Koch backed Americans for Prosperity has fought efforts by the Environmental Protection Agency to regulate carbon emissions 66 The Republican Trump administration adopted environmental policies similar to those advocated for by Koch funded groups 56 Koch has backed the Competitive Enterprise Institute and the CO2 Coalition both of which also supported former President Donald Trump s 2017 withdrawal from the Paris climate agreement 66 In 2022 Koch was named one of the US top climate villains by The Guardian 67 As of 2023 his company has received awards from the EPA for three consecutive years 68 COVID 19 pandemic edit Koch has also given money to the American Institute for Economic Research the right wing libertarian think tank which sponsored the Great Barrington Declaration 64 65 His Charles Koch Foundation gave 68 100 in 2018 64 65 The declaration s sponsor employed Emergent Order a public relations firm which itself receives funding from Koch s Foundation registered as 1 4 million between 2014 and 2019 64 65 Political campaigns edit Koch supported his brother s candidacy for vice president on the Libertarian Party ticket in 1980 69 After the bid Koch told a reporter that conventional politics tends to be a nasty corrupting business I m interested in advancing libertarian ideas 69 In addition to funding think tanks Charles and David also support libertarian academics 70 and Koch funds the Charles G Koch Summer Fellow Program through the Institute for Humane Studies which recruits and mentors young libertarians 71 Koch also organizes twice yearly meetings 21 of Republican donors 37 Koch supported the Tea Party movement The way it s grown the passion and the intensity was beyond what I had anticipated he told an interviewer 35 He funded groups opposed to Barack Obama s administration 69 In 2011 Koch was awarded the William E Simon Prize for Philanthropic Leadership 72 The award honors the ideals and principles which guided William E Simon s giving including personal responsibility resourcefulness volunteerism scholarship individual freedom faith in God and helping people to help themselves 73 In July 2015 Charles Koch and his brother were praised by President Obama and Anthony Van Jones for their bipartisan efforts to reform the criminal justice system 74 75 For roughly a decade Koch has been advocating for several reforms within the prison system including the reduction of recidivist criminals easing the employment process for rehabilitated persons and the defense of private property from asset forfeiture 75 76 Aligning with groups such as the ACLU the Center for American Progress Families Against Mandatory Minimums the Coalition for Public Safety and the MacArthur Foundation Koch believes the current system has unfairly targeted low income and minority communities all while wasting substantial government resources 75 In February 2016 Koch penned an opinion piece in The Washington Post where he said he agreed with presidential candidate Bernie Sanders about the unfairness of corporate welfare and mass incarceration in the United States 77 In 2020 Koch s Koch Industries donated 2 8 million to Republican Party causes through a political action committee Koch Industries donated 221 000 to Democratic Party causes 78 On November 13 2020 reports in several media published statements made during an interview with The Wall Street Journal by Koch about his regret that he had contributed significantly to the development of hyper partisanship in the United States Koch added that he intended to work with Democrats moderate Republicans and liberals to facilitate bipartisanship 79 80 81 Sports and culture edit In 2002 Koch Industries donated 6 million to renovate the Wichita State University basketball arena The gift was given in honor of Koch and the arena was subsequently renamed the Charles Koch Arena 82 Koch has continued to be a major donor to both the university and its athletic program In December 2014 Koch Industries and the Koch family foundation donated 11 25 million to the university the largest one time gift in school history with 4 5 million of that going toward a plan to renovate the arena and expand the athletic program s academic support center 83 Several months later when men s basketball head coach Gregg Marshall was considering an offer to become head coach at the University of Alabama Koch led a group of local business leaders and WSU boosters that raised Marshall s annual salary from 1 85 million to 3 million and kept him at the school The raise was seen as an unprecedented move for a school outside the Power Five conferences and likely to make Marshall among the 10 highest paid college basketball coaches 84 Through the Koch Cultural Trust founded by Charles Koch s wife Elizabeth the Koch family has provided financial support to promising artists in a variety of fields More than 1 7 million in grants have been awarded to programs and individuals with Kansas roots 85 non primary source needed Personal life editKoch has been married to his wife Liz since 1972 1 He has two children Chase Koch and Elizabeth Koch 69 2 86 Charles and his three brothers have all suffered from prostate cancer 87 Koch rarely grants media interviews and prefers to keep a low profile 22 Time magazine included Charles and David Koch among the most influential people of 2011 According to the magazine the list includes activists reformers and researchers heads of state and captains of industry The article describes the brothers commitment to free market principles the growth and development of their business and their support for Tea Party organizations and political candidates 5 Koch lives in Wichita Kansas 88 and has homes in Indian Wells California 89 and Aspen Colorado 90 Koch is irreligious 91 Awards editKoch has received various awards and honors including Honorary Doctor of Science from George Mason University for his continued support of the economics program at GMU 92 Honorary Doctor of Commerce from Washburn University 93 Honorary Doctor of Laws from Babson College 94 President s Medal from Wichita State University in 2004 94 The Adam Smith Award from the American Legislative Exchange Council 94 The 1999 Directors Award for Global Vision in Energy from the New York Mercantile Exchange 94 The 1999 Governor s Arts Patrons Award from the Kansas Arts Commission 94 The 2000 National Distinguished Service Award from The Tax Foundation 94 The Spirit of Justice Award from The Heritage Foundation 94 The Entrepreneurial Leadership Award from the National Foundation for Teaching Entrepreneurship 94 The Brotherhood Sisterhood Award from the National Conference of Christians and Jews 94 The Distinguished Citizen Award from the Boy Scouts of America 94 The Free Enterprise Award from The Council for National Policy 94 The Herman W Lay Memorial Award from the Association of Private Enterprise Education 94 The Distinguished Service Citation from the University of Kansas 94 Honorary Life Member in the Washburn Law School Association 94 The Distinguished Citizen Award from Kansas State University 94 Induction into the Kansas Oil and Gas Hall of Fame 94 Induction into the Wichita and Kansas Business Halls of Fame 94 Spirit of Excellence Award from The Urban League of Wichita 94 Outstanding Humanitarian Award from the Greater Wichita Chapter of the National Society of Fundraising Executives 94 Wichita City Medallion 94 Wichita State University Entrepreneur in Residence 94 Wichita District Minority Small Business Advocate of the Year 94 The Individual Recognition Award from the Wichita Sedgwick County Arts and Humanities Council 94 The Uncommon Citizen Award from the Wichita Chamber of Commerce 94 The 2011 William E Simon Prize for Philanthropic Leadership from the Philanthropy Roundtable The 2011 Defender of Justice award from the National Association of Criminal Defense Lawyers 95 In 2013 AdvisoryCloud ranked him number two on their Top Chief Executive List 96 In 2022 Ellis Island Honors Society presented Charles Koch with the Ellis Island Medal of Honor 97 See also editCharles Koch Institute The World s Billionaires Quincy Institute for Responsible StatecraftReferences edit a b Charles G Koch Charles Koch Foundation Charles G Koch Foundation Retrieved August 23 2019 a b Mr Big Forbes com Retrieved November 2011 Koch Charles 1935 New Netherland Project Archived from the original on December 13 2010 Retrieved November 29 2010 Bloomberg Billionaires Index Charles Koch Bloomberg Retrieved February 28 2024 a b Ferguson Andrew April 21 2011 The 2011 Time 100 Time Archived from the original on April 25 2011 Retrieved April 22 2011 America s Largest Private Companies Forbes 2020 Retrieved March 17 2021 Ayn Rand Institute Ties to the Koch Brothers SourceWatch Retrieved March 2 2020 2006 ISBN 978 1931721998 Charles G Koch 2007 The Science Of Success Archived May 17 2014 at the Wayback Machine ISBN 978 0470139882 Retrieved April 2011 Charles Koch s New Book Out Tuesday Biz Journals Wichita October 12 2015 ISBN 978 0147520470 Believe in People By Charles Koch amp Brian Hooks Believe In People Retrieved September 6 2023 a b The 400 Richest Americans Forbes Massachusetts Institute of Technology Bachelor of Arts Science Massachusetts Institute of Technology Master of Science Son of Koch Industries founder Fred C Koch d 1967 MIT grad who invented method of refining gasoline from heavy oil Took refining innovation to Soviet Union 1929 returned home 1930s Sons Frederick Charles David and William inherited Koch Industries after father s death Charles and David bought out William and Frederick for 1 3 billion in 1983 FMK Foundation History Fmkfoundation org Archived from the original on November 14 2013 Retrieved August 29 2010 Daniel Fisher February 26 2007 Koch s Laws Forbes Retrieved November 16 2010 Interview with Charles Koch Warren Cassell Jr Tankersley Jim August 1 2016 I don t like the idea of capitalism Charles Koch unfiltered The Washington Post Retrieved December 6 2017 Forbes Charles Koch Bio Forbes Retrieved January 17 2019 Koch CEO to speak at MIT April 16 1997 Retrieved October 13 2023 Charles G Koch 1935 New Netherland Institute Retrieved September 22 2020 a b c Twenty Questions for Charles Koch American Journal of Business 24 1 Muncie 15 8 Spring 2009 Archived from the original on October 13 2012 Retrieved April 10 2011 a b c d e f g Stephen Moore May 6 2006 The Weekend Interview with Charles Koch Private Enterprise The Wall Street Journal p A 8 a b c Phyllis Jacobs Griekspoor March 4 2007 Charles Koch His philosophy and his company Wichita Eagle Archived from the original on September 12 2011 Wayne Leslie April 28 1998 Brother Versus Brother Koch Family s Long Legal Feud Is Headed for a Jury The New York Times Archived from the original on March 26 2018 Blood And Oil CBS News November 27 2000 Retrieved October 15 2015 Mark Skousen March 4 2007 Business Bookshelf A Short Course In Long Term Value The Wall Street Journal p D 8 Carrie Sheffield Charles Koch Forbes Brian O Reilly Patty De Llosa February 17 1997 The Curse on the Koch Brothers One of the Biggest Family Feuds in Business History May Soon Come to a Climax You Thought 1 Billion Could Buy Happiness Not For These Guys archive fortune com Retrieved May 5 2018 Boulton Guy June 26 1994 Koch and his empire grew together PDF Wichita Eagle Archived from the original PDF on June 16 2014 Retrieved May 5 2018 Commission File Number 2 78658 Securities and Exchange Commission Retrieved February 28 2020 Koch s bio at the Mercatus Center Charles Koch opens up about his classical liberal views Fox News October 15 2015 Retrieved December 27 2015 The Koch Brothers December 24 2012 p 96 Forbes National Journal May 16 1992 The Top 10 Forbes Asia October 19 2009 a b Continetti Matthew April 4 2011 The Paranoid Style in Liberal Politics The Weekly Standard Koch Charles The Science of Success p 57 a b c Kate Zernike October 25 2010 Secretive Republican Donors Are Planning Ahead The New York Times Yakowicz Will July 27 2021 Billionaire Charles Koch On Why Cannabis Should Be Legal Forbes Retrieved February 19 2022 Koch Charles March 1 2011 Why Koch Industries Is Speaking Out The Wall Street Journal a b Daniel Fisher December 5 2012 Inside The Koch Empire How The Brothers Plan To Reshape America Forbes Koch Charles April 3 2014 Charles Koch I m Fighting to Restore a Free Society The Wall Street Journal Kopan Tal April 3 2014 Charles Koch calls critics collectivists Politico What is MBM Archived January 14 2011 at the Wayback Machine www mbminstitute org Retrieved April 2011 Schor Elana May 16 2011 In Right s Energy Subsidy Clash Shades of Koch vs Pickens The New York Times Retrieved May 19 2011 a b c Glassman James Market Based Man Philanthropy Magazine Philanthropy Roundtable Retrieved March 16 2012 25 Years at Cato PDF Retrieved July 10 2009 The 50 Top American Givers Bloomberg Businessweek Archived from the original on December 3 2008 Retrieved April 27 2011 Charles Koch receives honorary degree from George Mason University www kochind com Retrieved April 2011 Kinzer Stephen June 30 2019 In an astonishing turn George Soros and Charles Koch team up to end US forever war policy The Boston Globe Retrieved August 23 2019 Board of Directors Mercatus Mercatus Center at George Mason University Retrieved January 23 2014 MacLean Nancy 2017 Democracy in chains the deep history of the radical right s stealth plan for America New York ISBN 978 1 101 98096 5 OCLC 987376346 a href Template Cite book html title Template Cite book cite book a CS1 maint location missing publisher link a b About Charles G Koch Charles G Koch Foundation February 2009 Archived from the original on December 12 2010 Retrieved December 12 2010 Bill of Rights Institute Media Matters for America Youth Entrepreneurs Kansas Charles G Koch Foundation Archived from the original on February 5 2011 Retrieved December 12 2010 Koch Charles November 25 2020 Charles Koch and Brian Hooks Believe in People Interview Interviewed by Nick Gillespie Retrieved November 27 2020 And so for many years I ve been saying it Okay the temperature s been rising for over a century now and human activity has contributed to it But the approach is wrong This top down approach which they are using supposedly around the world and emissions keep rising So it s not accomplishing What does what has accomplished and what will accomplish are innovations bottom up innovations that for example substitute natural gas for coal And we re working on inventing things that will do two things not just have less emissions but will be cheaper and more affordable rather than much more expensive and unreliable which makes people s lives worse 36 37 38 00 a b Davenport Coral Lipton Eric June 3 2017 How G O P Leaders Came to View Climate Change as Fake Science The New York Times ISSN 0362 4331 Retrieved September 5 2020 Mayer Jane August 13 2019 Kochland Examines the Koch Brothers Early Crucial Role in Climate Change Denial The New Yorker Retrieved September 5 2020 Goldenberg Suzanne correspondent US environment February 15 2012 Leak exposes how Heartland Institute works to undermine climate science The Guardian ISSN 0261 3077 Retrieved September 5 2020 How Big Money in Politics Blocked U S Action on Climate Change Yale E360 Retrieved September 5 2020 Climate skeptic group works to reverse renewable energy mandates Washington Post Gillis Justin Kaufman Leslie February 15 2012 Leak Offers Glimpse of Campaign Against Climate Science The New York Times The Heartland Institute 2012 Fundraising Plan PDF The Heartland Institute January 15 2012 Archived from the original PDF on February 17 2012 Retrieved February 18 2012 BEST donors Archived April 3 2011 at the Wayback Machine accessed 3 25 11 a b c d e f g Ahmed Nafeez October 9 2020 Climate Science Denial Network Behind Great Barrington Declaration Byline Times Archived from the original on October 10 2020 Retrieved October 11 2020 a b c d e f g Ahmed Nafeez October 3 2020 Koch Funded PR Agency Aided Great Barrington Declaration Sponsor BylineTimes Retrieved October 13 2020 a b Ramkumar Amrith March 22 2022 WSJ News Exclusive Koch Industries Built on Oil Bets Big on U S Batteries The Wall Street Journal ISSN 0099 9660 Retrieved March 29 2022 The dirty dozen meet America s top climate villains the Guardian October 27 2021 Retrieved October 19 2022 McCoy Daniel March 28 2023 Koch Industries Inc notches EPA Energy Star award for third straight year www bizjournals com Retrieved June 29 2023 a b c d Jane Mayer August 30 2010 Covert Operations The billionaire brothers who are waging a war against Obama The New Yorker Retrieved January 5 2012 Brian Doherty 2008 Radicals for Capitalism A Freewheeling History of the Modern American Libertarian Movement PublicAffairs p 410 ISBN 978 1 58648 572 6 One longtime Koch lieutenant characterized the overall strategy of Koch s libertarian funding over the years with both a theatrical metaphor and an Austrian capital theory one Politicians ultimately are just actors playing out a script The idea is one gets better and quicker results aiming not at the actors but at the scriptwriters to help supply the themes and words for the scripts to try to influence the areas where policy ideas percolate from academia and think tanks Ideas then are the capital goods that go into building policy as a finished product and there are insufficient libertarian capital goods at the top of the structure of production to build the policies libertarians demand Charles G Koch Summer Fellow Program Institute for Humane Studies at George Mason University Archived from the original on August 30 2010 Retrieved September 10 2010 The Charles G Koch Summer Fellow Program combines a paid public policy internship with two career skills seminars and weekly policy lectures You ll gain real world experience take a crash course in market based policy analysis and hone your professional skills The intensive ten week program begins in June and includes a 1 500 stipend and a housing allowance Winner of the 2011 William E Simon Prize philanthropyroundtable org 2011 William E Simon Prize Philanthropy Roundtable Retrieved April 29 2011 Nelson Colleen Mccain Fields Gary July 16 2015 Obama Koch Brothers in Unlikely Alliance to Overhaul Criminal Justice Wall Street Journal a href Template Cite web html title Template Cite web cite web a CS1 maint multiple names authors list link a b c Horwitz Sari August 15 2015 Unlikely Allies Washington Post Hudetz Mary October 15 2015 Forfeiture reform aligns likes of billionaire Charles Koch ACLU The Topeka Capital Journal Koch Charles G February 18 2016 Charles Koch This is the one issue where Bernie Sanders is right The Washington Post Retrieved February 19 2016 Marcus Josh November 13 2020 What a mess Charles Koch says he regrets fueling partisanship The Independent Retrieved November 17 2020 Van Dyke Tyler What a mess Charles Koch regrets stoking partisan division The Washington Examiner Friday November 13 2020 Powell Tori B What a Mess Billionaire Charles Koch Regrets His Partisanship The Daily Beast Friday November 13 2020 Marcus Josh What a mess Billionaire Charles Koch says he regrets fueling partisanship The Independent Friday November 13 2020 Charles Koch Arena Wichita State University Archived from the original on March 5 2014 Retrieved May 22 2013 Wenzl Roy December 16 2014 Koch gives 11 25 million to Wichita State The Wichita Eagle Retrieved April 3 2015 Suellentrop Paul April 2 2015 Wichita State community work together to keep Gregg Marshall The Wichita Eagle Retrieved April 3 2015 History Koch Cultural Trust Archived from the original on April 6 2012 Retrieved April 3 2012 Koch Charles 1935 New Netherland Project Archived from the original on December 13 2010 Retrieved November 29 2010 Donor aims to lick illness that he has battled for 15 years The Chronicle of Philanthropy Archived from the original on March 1 2012 Retrieved October 16 2011 Charles G Koch Charles Koch Institute Charles Koch Institute Archived from the original on May 6 2018 Retrieved May 5 2018 Robinson Peter April 14 2016 Good Profit Part I Uncomomn Knowledge Hoover Institution Video Interview recorded March 18 2016 The Aspen 50 Forbes billionaires in Pitkin County Aspen Journalism Archived from the original on June 12 2018 Retrieved May 5 2018 McGurn William October 2 2017 The Morality of Charles Koch The Wall Street Journal ISSN 0099 9660 Retrieved January 29 2022 Levinthal Dave Spreading the Free Market Gospel The Atlantic Retrieved March 9 2017 Honorary Degree Recipients and Degrees Conferred Honoris Causa PDF Washburn Archived from the original PDF on October 23 2021 Retrieved March 9 2017 a b c d e f g h i j k l m n o p q r s t u v w x Charles G Koch Executive Profile Bloomberg Retrieved February 27 2018 Ball Molly March 3 2015 Do the Koch Brothers Really Care About Criminal Justice Reform The Atlantic 2013 Top Private CEOs Archived from the original on April 23 2019 Retrieved March 14 2024 MEDALISTS ELLIS ISLAND HONORS SOCIETY Retrieved May 31 2022 Further reading editLeonard Christopher 2019 Kochland The Secret History of Koch Industries and Corporate Power in America New York Simon amp Schuster ISBN 9781476775388 OCLC 1110726946 External links editProfile at Koch Industries Charles G Koch Charitable Foundation Profile at Philanthropy Roundtable Political contributions from Influence Explorer at the Sunlight Foundation Charles Koch at Bloomberg L P Robinson Peter April 29 2016 Good Profit Part II Uncommon Knowledge Hoover Institution Video Interview recorded March 18 2016 Retrieved from https en wikipedia org w index php title Charles Koch amp oldid 1213669799, wikipedia, wiki, book, books, library,

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