David Hamilton Koch was an American businessman, political activist, philanthropist, and chemical engineer. In 2022, David Koch's net worth is estimated to be $55 billion dollars.
March 29, 2022
Words by Matthew Taylor
$55 billion
Est. Range $42.6B - $67.4B
David Hamilton Koch was an American businessman, political activist, philanthropist, and chemical engineer. He joined the family business, Koch Industries, in 1970 and became president of the subsidiary Koch Engineering in 1979. Koch became a co-owner of Koch Industries in 1983. He served as an executive vice president of Koch Industries until he retired due to health issues in 2018.
Koch was a libertarian. He was the 1980 Libertarian candidate for Vice President of the United States and helped finance the campaign. He founded Citizens for a Sound Economy and donated to advocacy groups and political campaigns, most of which were Republican. Koch became a Republican in 1984. In 2012, he spent over $100 million in a failed bid to oppose the re-election of President Barack Obama.
As of June 2019, Koch was ranked as the 11th-richest person in the world, with a fortune of $50.5 billion. Koch contributed to the Lincoln Center, Sloan Kettering, NewYork–Presbyterian Hospital, and the Dinosaur Wing at the American Museum of Natural History. The New York State Theater at Lincoln Center, home of the New York City Ballet, was renamed the David H. Koch Theater in 2008 following Koch's gift of $100 million for the renovation of the theater.
How long would it take you to earn as much as David Koch?
While many of us work in business, you’re not going to make your fortune staying at your day job – the average office worker in the US earns about $41,000 a year. If you manage to get to an executive level, you’re getting closer, but you still have a long way to go. If you can reach the top, CEO salaries know no bounds, but you’ll have to pick the right company!
Many of the wealthiest business people on our list are investment bankers or have done well on the share market. A few have inherited a business empire or secured a good chunk of shares in a blue-chip company through a sizeable divorce settlement. Others are lucky enough to be friends with a “generous” head of state (aka Putin) and find that their wealth can grow to unprecedented levels when supported by state-backed enterprises.
Nowadays though, it’s harder to start traditional business empires from scratch. Media moguls have fallen out of favour in recent years and the big names on this list come from tech. Bill Gates has been a stalwart and is now accompanied by Zuckerberg, Bezos, Musk. Innovation is the key to wealth, but only if you can get the cash, confidence and idea to really make it big.
David Koch's net worth of 55 billion can buy...
The Wealthiest Index is a ranking of the world's richest people. In calculating Andre Agassi’s net worth, we strive to provide the most transparent calculations available with detailed analysis of how that Andre Agassi’s fortune was made. Each net worth figure is updated at regular intervals to reflect market movements.
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