Please ensure Javascript is enabled for purposes of website accessibility
Billionaire Conservative Donor David Koch Dies at Age 79
gvw_ap_news
By Associated Press
Published 6 years ago on
August 23, 2019

Share

WASHINGTON — Billionaire industrialist David H. Koch, who with his older brother, Charles, transformed American politics by pouring their riches into conservative causes, has died at age 79.
Charles Koch announced the death on Friday, saying, “It is with a heavy heart that I now must inform you of David’s death.”

“I was taught from a young age that involvement in the public discourse is a civic duty. Each of us has a right — indeed, a responsibility, at times — to make his or her views known to the larger community in order to better form it as a whole.” — David Koch
David Koch, who lived in New York City, was the Libertarian Party’s vice-presidential candidate in 1980. He was a generous donor to conservative political causes as well as educational, medical, and cultural groups.
The Koch brothers were best known for a vast political network they built that became popularly known as the “Kochtopus” for its far-reaching tentacles in support of conservative causes. The brothers founded the anti-tax, small-government group Americans for Prosperity, which continues to be one of the most powerful conservative groups in U.S. politics.
“I was taught from a young age that involvement in the public discourse is a civic duty,” David Koch wrote in a 2012 op-ed in the New York Post. “Each of us has a right — indeed, a responsibility, at times — to make his or her views known to the larger community in order to better form it as a whole. While we may not always get what we want, the exchange of ideas betters the nation in the process.”

The Kochs Refused to Endorse Trump in 2016

While celebrated on the right, David Koch and his brother are demonized even today by Democrats who see them as a dark and conspiratorial force, the embodiment of fat-cat capitalism and the corrupting role of corporate money in American politics.
The Kochs invested heavily in fighting President Barack Obama’s health care overhaul; they fought to bring conservative voices to college campuses; and they developed a nationwide grassroots network pushing conservative causes and candidates at the state and national levels.
The one exception: President Donald Trump. The Kochs refused to endorse Trump in 2016, warning that his protectionist trade policies, among other priorities, weren’t sufficiently conservative.
David Koch, however, had stepped away from a leadership role in recent years because of declining health. He was a visible presence at the network’s semi-annual donor retreats, but his brother had emerged as its face and mouthpiece.
After battling prostate cancer for 20 years, David Koch told a reporter following the 2012 Republican convention that he was thinking about what he would someday leave behind.
“I like to engage where my part makes a difference,” he told The Weekly Standard. “I have a point of view. When I pass on, I want people to say he did a lot of good things, he made a real difference, he saved a lot of lives in cancer research.”

Photo of David Koch
FILE – In this Aug. 30, 2013 file photo, David Koch speaks in Orlando, Fla. Koch, major donor to conservative causes and educational groups, has died on Friday, Aug. 23, 2019. He was 79. (AP Photo/Phelan M. Ebenhack, File)

Charles and David Tied in 11th Place in 2019 on the Forbes 500

David Koch donated $100 million in 2007 to create the David H. Koch Institute for Integrative Cancer Research at the Massachusetts Institute of Technology. He also gave millions of dollars to Johns Hopkins University in Baltimore, the Memorial Sloan-Kettering Cancer Center in New York City, the M.D. Anderson Cancer in Houston and other institutions.

Charles and David Koch, each with an estimated net worth of $50.5 billion, tied in 11th place in 2019 on the Forbes 500 list of the nation’s richest men.
The Smithsonian’s National Museum of Natural History named in his honor a wing dedicated to the story of human evolution over 6 million years. He donated $15 million to fund the 15,000 square-foot hall.
“The program has the power to influence the way we view our identity as humans, not only today, but for generations to come,” he said in a statement at the time.
David Koch, an engineer trained at MIT, joined Koch Industries, based in Wichita, Kansas, in 1970 and served on its board. He also served as chief executive officer of Koch Chemical Technology Group LLC, a Koch subsidiary. He retired from the company in 2018.
Charles and David Koch, each with an estimated net worth of $50.5 billion, tied in 11th place in 2019 on the Forbes 500 list of the nation’s richest men.
Two of the Koch brothers, Frederick and Bill Koch, sued the other two, claiming in a 1998 trial that they were cheated out of more than $1 billion when they sold their stake in Koch Industries back in 1983. David and Bill Koch were twins.

Fred Koch Guessed Early That Wealth Might Split His Family Apart

The dispute stemmed from a falling out three years earlier when Bill Koch criticized Charles Koch’s management of the company, and with Frederick Koch’s support, tried to gain control of the company’s board of directors. After the takeover move failed, the board fired Bill Koch as an executive. Bill and Frederick Koch and other dissident stockholders sold their interests, and the brothers later sued claiming the company withheld crucial information that would have led to a higher sale price.
Bill and Frederick Koch lost their case, but the lengthy public trial offered a rare behind-the-scenes glimpse at the Koch family.
The Kochs’ father, Fred Koch, guessed early, before two of his boys were out of diapers and before two were even born, that wealth might split his family apart.
“It will be yours to do with what you will,” the father wrote in a 1936 letter to his two oldest sons. “It may be either a blessing or a curse.”
David Koch and his wife, Julia Flesher, had three children.
On Friday, Charles Koch evoked the words of a famous economist as he shared news of his younger brother’s death with their network: “The significance of David’s generosity is best captured in the words of Adam Smith, who wrote, ‘to indulge our benevolent affections, constitutes the perfection of human nature.'”

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

DON'T MISS

First California EV Mandates Hit Automakers This Year. Most Are Not Even Close

DON'T MISS

Fresno County Authorities Seek Public’s Help in Huron Homicide

DON'T MISS

UN Agencies Warn That Israel’s Plans for Aid Distribution Will Endanger Lives in Gaza

DON'T MISS

Fresno Police Officer Arrested on Sexual Battery Charges

DON'T MISS

Mayor Baraka of Newark, New Jersey, Arrested at ICE Detention Center He Has Been Protesting

DON'T MISS

FDA Will Allow Three New Color Additives Made From Minerals, Algae and Flower Petals

DON'T MISS

Pentagon Directs Military to Pull Library Books That Address Diversity, Anti-Racism, Gender Issues

DON'T MISS

Fresno Pays the Most for Electricity. What Are Lawmakers Doing About It?

DON'T MISS

Freed Palestinian Student Accuses Columbia University of Inciting Violence

DON'T MISS

First At-Home Test Kit for Cervical Cancer Approved by the FDA, Company Says

DON'T MISS

US to Accept White South African Refugees While Other Programs Remain Paused

UP NEXT

Leo XIV’s Service to Poor Propelled Him to Papacy, Cardinals Say

UP NEXT

Nitrous Oxide Recreational Use Risks: Brain Damage, Death, and Easy Access

UP NEXT

Former Supreme Court Justice David Souter, a Republican Who Became a Liberal Darling, Dies at 85

UP NEXT

Pope Leo XIV Celebrates First Mass as Pope and Calls His Election Both a Cross and a Blessing

UP NEXT

Selma Bear Sighting Prompts Police, Wildlife Response

UP NEXT

Republicans’ Trust in Media Increases Following Trump’s Return to White House

UP NEXT

Rejoicing Peruvians See Pope Leo XIV as One of Their Own After His Many Years in Peru

UP NEXT

Shohei Ohtani Could Have Landed 15-Year Deal, Agent Says, but He Didn’t Want to Risk Skills Decline

UP NEXT

Joe Biden Blames Kamala Harris’ Loss on Sexism and Racism and Rejects Concerns About His Age

UP NEXT

Before Tariff Price Increases, Mark Cuban Suggests Stocking Up on These Items

Mayor Baraka of Newark, New Jersey, Arrested at ICE Detention Center He Has Been Protesting

2 hours ago

FDA Will Allow Three New Color Additives Made From Minerals, Algae and Flower Petals

2 hours ago

Pentagon Directs Military to Pull Library Books That Address Diversity, Anti-Racism, Gender Issues

2 hours ago

Fresno Pays the Most for Electricity. What Are Lawmakers Doing About It?

2 hours ago

Freed Palestinian Student Accuses Columbia University of Inciting Violence

2 hours ago

First At-Home Test Kit for Cervical Cancer Approved by the FDA, Company Says

2 hours ago

US to Accept White South African Refugees While Other Programs Remain Paused

2 hours ago

15 States Sue Over Trump’s Move to Fast-Track Oil and Gas Projects via His ‘Energy Emergency’ Order

2 hours ago

New Fresno Judge Baloian Uses Experience on Both Sides of Legal Table

2 hours ago

Leo XIV’s Service to Poor Propelled Him to Papacy, Cardinals Say

2 hours ago

Fresno County Authorities Seek Public’s Help in Huron Homicide

Fresno County homicide detectives are asking for the public’s help in solving the 2017 murder of a 22-year-old Huron man after receiving new...

20 minutes ago

https://www.communitymedical.org/thecause?utm_source=Misfit+Digital&utm_medium=GVWire+Banner+Ads&utm_campaign=Branding+2025&utm_content=thecause
Fresno County authorities are seeking the public’s help to find the suspect who killed Jesus Adrian Amador Jr., 22, of Huron, in a 2017 shooting. (Fresno County SO)
20 minutes ago

Fresno County Authorities Seek Public’s Help in Huron Homicide

59 minutes ago

UN Agencies Warn That Israel’s Plans for Aid Distribution Will Endanger Lives in Gaza

Photo of the front of Fresno Police Headquarters
2 hours ago

Fresno Police Officer Arrested on Sexual Battery Charges

2 hours ago

Mayor Baraka of Newark, New Jersey, Arrested at ICE Detention Center He Has Been Protesting

2 hours ago

FDA Will Allow Three New Color Additives Made From Minerals, Algae and Flower Petals

2 hours ago

Pentagon Directs Military to Pull Library Books That Address Diversity, Anti-Racism, Gender Issues

2 hours ago

Fresno Pays the Most for Electricity. What Are Lawmakers Doing About It?

2 hours ago

Freed Palestinian Student Accuses Columbia University of Inciting Violence

Help continue the work that gets you the news that matters most.

Search

Send this to a friend