David Hamilton Koch ( ; May 3, 1940 – August 23, 2019) was an American businessman, political activist, philanthropist, and chemical engineer. In 1970, he joined the family business:

Koch Industries Koch Industries, Inc. ( ) is an American privately held multinational conglomerate corporation based in Wichita, Kansas and is the second-largest privately held company in the United States, after Cargill. Its subsidiaries are involved in the ...

, the second largest privately held company in the United States. He became president of the subsidiary Koch Engineering in 1979, and became a co-owner of Koch Industries (along with elder brother

Charles Charles is a masculine given name predominantly found in English and French speaking countries. It is from the French form ''Charles'' of the Proto-Germanic name (in runic alphabet) or ''*karilaz'' (in Latin alphabet), whose meaning was " ...

) in 1983. Koch served as an executive vice president of Koch Industries until he retired due to health issues in 2018. Koch was a

libertarian Libertarianism (from french: libertaire, "libertarian"; from la, libertas, "freedom") is a political philosophy that upholds liberty as a core value. Libertarians seek to maximize autonomy and political freedom, and minimize the state's en ...

. He was the 1980

Libertarian Libertarianism (from french: libertaire, "libertarian"; from la, libertas, "freedom") is a political philosophy that upholds liberty as a core value. Libertarians seek to maximize autonomy and political freedom, and minimize the state's en ...

candidate for

Vice President of the United States The vice president of the United States (VPOTUS) is the second-highest officer in the executive branch of the U.S. federal government, after the president of the United States, and ranks first in the presidential line of succession. The vice p ...

and helped finance the campaign. He founded

Citizens for a Sound Economy Citizens for a Sound Economy (CSE) (1984–2004) was a conservative political group operating in the United States. It was established in 1984 by Charles and David Koch of Koch Industries. Ron Paul was appointed as the first chairman of the ...

and donated to advocacy groups and

political campaigns A political campaign is an organized effort which seeks to influence the decision making progress within a specific group. In democracies, political campaigns often refer to electoral campaigns, by which representatives are chosen or referend ...

, most of which were

Republican Republican can refer to: Political ideology * An advocate of a republic, a type of government that is not a monarchy or dictatorship, and is usually associated with the rule of law. ** Republicanism, the ideology in support of republics or agains ...

. 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 Barack Hussein Obama II ( ; born August 4, 1961) is an American politician who served as the 44th president of the United States from 2009 to 2017. A member of the Democratic Party (United States), Democratic Party, Obama was the first Af ...

. Koch was the fourth-richest person in the United States in 2012 and was the wealthiest resident of

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

in 2013. As of June 2019, Koch was ranked as the 11th-richest person in the world (tied with his brother Charles), with a fortune of $50.5 billion. Koch contributed to the

Lincoln Center Lincoln Center for the Performing Arts (also simply known as Lincoln Center) is a complex of buildings in the Lincoln Square neighborhood on the Upper West Side of Manhattan. It has thirty indoor and outdoor facilities and is host to 5 milli ...

, Sloan Kettering,

NewYork–Presbyterian Hospital The NewYork-Presbyterian Hospital is a nonprofit academic medical center in New York City affiliated with two Ivy League medical schools, Cornell University and Columbia University. The hospital comprises seven distinct campuses located in the New Y ...

, and the Dinosaur Wing at the

American Museum of Natural History The American Museum of Natural History (abbreviated as AMNH) is a natural history museum on the Upper West Side of Manhattan in New York City. In Theodore Roosevelt Park, across the street from Central Park, the museum complex comprises 26 int ...

. The New York State Theater at Lincoln Center, home of the

New York City Ballet New York City Ballet (NYCB) is a ballet company founded in 1948 by choreographer George Balanchine and Lincoln Kirstein. Balanchine and Jerome Robbins are considered the founding choreographers of the company. Léon Barzin was the company ...

, was renamed the

David H. Koch Theater The David H. Koch Theater is a theater for ballet, modern and other forms of dance, part of the Lincoln Center, at the intersection of Columbus Avenue and 63rd Street in the Lincoln Square neighborhood of Manhattan in New York City. Originally ...

in 2008 following Koch's gift of $100 million for the renovation of the theater.

Early life and education

Koch was born in

Wichita, Kansas Wichita ( ) is the largest city in the U.S. state of Kansas and the county seat of Sedgwick County. As of the 2020 census, the population of the city was 397,532. The Wichita metro area had a population of 647,610 in 2020. It is located in ...

, the son of Mary Clementine (née Robinson) and Fred Chase Koch, a chemical engineer. David's paternal grandfather, Harry Koch, was a Dutch immigrant who founded the ''Quanah Tribune-Chief'' newspaper and was a founding shareholder of the

Quanah, Acme and Pacific Railway Quanah, Acme and Pacific Railway (QA&P) was a Rail freight transport, freight railroad that operated between the Red River of the South, Red River and Floydada, Texas, from 1902 until it was merged into the Burlington Northern Railroad in 1981. ...

. David was the third of four sons, with elder brothers

Frederick Frederick may refer to: People * Frederick (given name), the name Nobility Anhalt-Harzgerode *Frederick, Prince of Anhalt-Harzgerode (1613–1670) Austria * Frederick I, Duke of Austria (Babenberg), Duke of Austria from 1195 to 1198 * Frederick ...

, and nineteen-minute-younger twin

Bill Bill(s) may refer to: Common meanings * Banknote, paper cash (especially in the United States) * Bill (law), a proposed law put before a legislature * Invoice, commercial document issued by a seller to a buyer * Bill, a bird or animal's beak Pla ...

. His maternal ancestors included

William Ingraham Kip William Ingraham Kip (October 3, 1811 – April 7, 1893) was an American Protestant Episcopal bishop. Early life Kip was born in New York City, of Breton ancestry, the son of Leonard Kip and Maria (Ingraham) Kip.Memorial Biographies, 130 He g ...

, an Episcopal bishop; William Burnet Kinney, a politician; and Elizabeth Clementine Stedman, a writer. Koch attended the

Deerfield Academy Deerfield Academy is an elite coeducational preparatory school in Deerfield, Massachusetts. Founded in 1797, it is one of the oldest secondary schools in the United States. It is a member of the Eight Schools Association, the Ten Schools Admissi ...

prep school in Massachusetts, graduating in 1959. He attended

Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of th ...

(MIT), earning both a

bachelor's A bachelor's degree (from Middle Latin ''baccalaureus'') or baccalaureate (from Modern Latin ''baccalaureatus'') is an undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting three to si ...

(1962) and a

master's degree A master's degree (from Latin ) is an academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice.

(1963) in

chemical engineering Chemical engineering is an engineering field which deals with the study of operation and design of chemical plants as well as methods of improving production. Chemical engineers develop economical commercial processes to convert raw materials in ...

. He was a member of the

Beta Theta Pi Beta Theta Pi (), commonly known as Beta, is a North American social fraternity that was founded in 1839 at Miami University in Oxford, Ohio. One of North America's oldest fraternities, as of 2022 it consists of 144 active chapters in the Uni ...

fraternity. Koch played basketball at MIT, averaging 21 points per game at MIT over three years, a school record. He also held the single-game scoring record of 41 points from 1962 until 2009, when it was eclipsed by Jimmy Bartolotta.

Role at Koch Industries

In 1970, Koch joined

under his brother

, to work as a technical-services manager. He founded the company's New York City office and in 1979 he became the president of his own division, Koch Engineering, renamed Chemical Technology Group. David's brothers

and

had inherited stock in Koch Industries. In June 1983, after a bitter legal and boardroom battle, the stakes of Frederick and Bill were bought out for $1.1 billion and Charles Koch and David Koch became majority owners in the company."Koch's wife granted order of restraint". Pittsburg (KS) ''Morning Sun'', July 21, 2000. Legal disputes against Charles and David lasted roughly two decades. Frederick and Bill sided with

J. Howard Marshall III James Howard Marshall III (born February 6, 1936) is president and owner of MDH Industries, an electronics company based in Monrovia, California. He is the eldest son of J. Howard Marshall II, who owned 16% of Koch Industries. Conflict with his ...

, J. Howard Marshall II's eldest son, against Charles and David at one point, in order to take over the company. In 2001, Bill reached a settlement in a lawsuit where he had charged the company was taking oil from federal and Indian land; that settlement ended all litigation between the brothers."Judge Clears Koch Brothers' Settlement Pact". ''Wall Street Journal'', May 29, 2001. CBS News reported that Koch Industries settled for $25 million. As of 2010, David Koch owned 42 percent of Koch Industries, as did his brother Charles. He held four U.S patents. Koch served as an executive vice president of Koch Industries until retiring due to health issues in 2018. His retirement was announced on June 5, 2018.

Political involvement

Campaigns

Koch was the Libertarian Party's vice-presidential candidate in the 1980 presidential election, sharing the party ticket with presidential candidate

Ed Clark Edward E. Clark (born May 4, 1930) is an American lawyer and politician who ran for governor of California in 1978, and for president of the United States as the nominee of the Libertarian Party in the 1980 presidential election. Clark is an ho ...

. The Clark–Koch ticket promised to abolish

Social Security Welfare, or commonly social welfare, is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specifical ...

, the

Federal Reserve Board The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the m ...

welfare Welfare, or commonly social welfare, is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specifical ...

, minimum-wage laws, corporate taxes, all price supports and subsidies for agriculture and business, and U.S. Federal agencies including the SEC, EPA, ICC, FTC, OSHA, FBI, CIA, and DOE.Rinker Buck
"How Those Libertarians Pay the Bills"
, ''New York'' magazine, November 3, 1980 The ticket received 921,128 votes, 1% of the total nationwide vote, the Libertarian Party national ticket's best showing until

2016 File:2016 Events Collage.png, From top left, clockwise: Bombed-out buildings in Ankara following the 2016 Turkish coup d'état attempt; the Impeachment of Dilma Rousseff, impeachment trial of Brazilian President Dilma Rousseff; Damaged houses duri ...

in terms of percentage and its best showing in terms of raw votes until the 2012 presidential election, although that number was surpassed again in 2016.James T. Bennett
''Not Invited to the Party: How the Demopublicans Have Rigged the System and Left Independents Out in the Cold''
, Springer, 2009, p. 167, . "Compared to what he Libertarians hadgotten before," Charles said, "and where we were as a movement or as a political/ideological point of view, that was pretty remarkable, to get 1 percent of the vote." After the bid, according to journalist Brian Doherty's '' Radicals for Capitalism'', Koch viewed politicians as "actors playing out a script." Koch credited the 1976 presidential campaign of

Roger MacBride Roger Lea MacBride (August 6, 1929 – March 5, 1995) was an American lawyer, political figure, writer, and television producer. He was the presidential nominee of the Libertarian Party in the 1976 election. MacBride became the first president ...

as his inspiration for getting involved in politics:

Here was a great guy, advocating all the things I believed in. He wanted less government and taxes, and was talking about repealing all these victimless crime laws that accumulated on the books. I have friends who smoke pot. I know many homosexuals. It's ridiculous to treat them as criminals — and here was someone running for president, saying just that.

Koch gave his own vice presidential campaign $100,000 a month after being chosen as

's running mate. "We'd like to abolish the

Federal Elections Commission The Federal Election Commission (FEC) is an independent regulatory agency of the United States whose purpose is to enforce campaign finance law in United States federal elections. Created in 1974 through amendments to the Federal Election Camp ...

and all the limits on campaign spending anyway," Koch said in 1980. When asked why he ran, he replied: "Lord knows I didn't need a job, but I believe in what the Libertarians are saying. I suppose if they hadn't come along, I could have been a big Republican from Wichita. But hell — ''everybody'' from Kansas is a Republican." In 1984, Koch broke with the Libertarian Party when it supported eliminating all taxes; in a letter to

David Bergland David Peter Bergland (June 4, 1935 – June 3, 2019) was an American politician who was the United States Libertarian Party's nominee for President of the United States in the 1984 presidential election,the Republican Party, though he continued to contribute to several Libertarian campaigns in local races. Koch donated to various

, most of which were

. In February 2012, during the Wisconsin gubernatorial recall election, Koch said of Wisconsin governor Scott Walker, "We're helping him, as we should. We've gotten pretty good at this over the years. We've spent a lot of money in Wisconsin. We're going to spend more," and said that by "we" he meant Americans for Prosperity. In 2012, Koch spent over $100 million in a failed bid to oppose the re-election of President

Views

Koch supported policies that promoted smaller government and lower taxes. He was against the

Patient Protection and Affordable Care Act The Affordable Care Act (ACA), formally known as the Patient Protection and Affordable Care Act and colloquially known as Obamacare, is a landmark U.S. federal statute enacted by the 111th United States Congress and signed into law by Pres ...

and the Dodd–Frank Wall Street Reform and Consumer Protection Act. Koch said he wasn't sure if

global warming In common usage, climate change describes global warming—the ongoing increase in global average temperature—and its effects on Earth's climate system. Climate change in a broader sense also includes previous long-term changes to ...

was anthropogenic, and thought a warmer planet would be "good", with lengthened growing seasons mitigating problems caused by disappearing coastlines and mass migrations. "Earth will be able to support enormously more people, because a far greater land area will be available to produce food". Koch opposed the

Iraq War {{Infobox military conflict , conflict = Iraq War {{Nobold, {{lang, ar, حرب العراق (Arabic) {{Nobold, {{lang, ku, شەڕی عێراق (Kurdish languages, Kurdish) , partof = the Iraq conflict (2003–present), I ...

, saying that the war has "cost a lot of money and it's taken so many American lives", and "I question whether that was the right thing to do. In hindsight that looks like it was not a good policy." In an impromptu interview with the blog ThinkProgress, he was quoted as saying he would like the new, 2011 Republican Congress to "cut the hell out of spending, balance the budget, reduce regulations, and support business." Koch considered himself a social liberal who supported women's right to choose,

gay rights Rights affecting lesbian, gay, bisexual, and transgender (LGBT) people vary greatly by country or jurisdiction—encompassing everything from the legal recognition of same-sex marriage to the death penalty for homosexuality. Notably, , ...

same-sex marriage Same-sex marriage, also known as gay marriage, is the marriage of two people of the same sex or gender. marriage between same-sex couples is legally performed and recognized in 33 countries, with the most recent being Mexico, constituting ...

and

stem-cell research In multicellular organisms, stem cells are undifferentiated or partially differentiated cells that can differentiate into various types of cells and proliferate indefinitely to produce more of the same stem cell. They are the earliest type of ...

. He opposed the

war on drugs The war on drugs is a global campaign, led by the United States federal government, of drug prohibition, military aid, and military intervention, with the aim of reducing the illegal drug trade in the United States.Cockburn and St. Clair, 1 ...

. Koch opposed several of President Barack Obama's policies. An article from the ''

Weekly Standard ''The Weekly Standard'' was an American neoconservative political magazine of news, analysis and commentary, published 48 times per year. Originally edited by founders Bill Kristol and Fred Barnes, the ''Standard'' had been described as a "red ...

'', detailing the "left's obsession" with the Koch brothers, quotes Koch stating that Obama is "the most radical president we've ever had as a nation ... and has done more damage to the free enterprise system and long-term prosperity than any president we've ever had." Koch said that Obama's father's economic

socialism Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes th ...

, practiced in

Kenya ) , national_anthem = " Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , ...

, explains why Obama has "sort of antibusiness and anti-free enterprise" influences. Koch said that Obama is "scary", a "hardcore socialist" who is "marvelous at pretending to be something other than that." Koch contributed almost entirely to Republican candidates in 2012.

Advocacy

Koch donated funds to various advocacy groups. In 1984, he founded

(CSE).Suzan Mazur
"The Altenberg 16: An Exposé of the Evolution Industry"
, ''North Atlantic Books'', 2010, 343 pages He served as its Chairman of the

board of directors A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit orga ...

and donated funds to it. Richard H. Fink served as its first president. Koch was the chairman of the board and gave initial funding to the Americans for Prosperity Foundation and to a related advocacy organization,

Americans for Prosperity Americans for Prosperity (AFP), founded in 2004, is a libertarian conservative political advocacy group in the United States funded by Charles Koch and formerly his brother David. As the Koch brothers' primary political advocacy group, it is one ...

. A Koch Industries spokesperson issued a press release stating "No funding has been provided by Koch companies, the Koch foundations, or Charles Koch or David Koch specifically to support the tea parties." Koch was the top initial funder of the Americans for Prosperity Foundation at $850,000. Koch said that he sympathized with the

Tea Party movement The Tea Party movement was an American fiscally conservative political movement within the Republican Party that began in 2009. Members of the movement called for lower taxes and for a reduction of the national debt and federal budget def ...

, but denied directly supporting it, having stated that: "I've never been to a tea party event. No one representing the tea party has ever even approached me." Koch sat on the board of the libertarian

Cato Institute The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of Koch Industries.Koch Ind ...

and

Reason Foundation The Reason Foundation is an American libertarian think tank that was founded in 1978. The foundation publishes the magazine ''Reason''. Based in Los Angeles, California, it is a nonprofit, tax-exempt organization. According to its web site, the f ...

and donated to both organizations. The Koch brothers have been involved in blocking regulations and legislation to confront climate change since 1991, when the Cato Institute held the "Global Environmental Crisis: Science or Politics?" In August 2010,

Jane Mayer Jane Meredith Mayer (born 1955) is an American investigative journalist who has been a staff writer for ''The New Yorker'' since 1995. She has written for the publication about money in politics; government prosecution of whistleblowers; the Uni ...

wrote an article in ''

The New Yorker ''The New Yorker'' is an American weekly magazine featuring journalism, commentary, criticism, essays, fiction, satire, cartoons, and poetry. Founded as a weekly in 1925, the magazine is published 47 times annually, with five of these issues ...

'' on the political spending of David and Charles Koch. It stated: "As their fortunes grew, Charles and David Koch became the primary underwriters of hard-line libertarian politics in America." An opinion piece by journalist

Yasha Levine Yasha Levine (February 22, 1981) is a Russian-American investigative journalist, author and reporter. Levine, who was born in the Soviet Union in the early 1980s, was raised in San Francisco, California. Levine's family immigrated to the United S ...

in ''

The New York Observer ''The New York Observer'' was a weekly newspaper printed from 1987 to 2016, when it ceased print publication and became the online-only newspaper ''Observer''. The media site focuses on culture, real estate, media, politics and the entertainmen ...

'' said Mayer's article had failed to mention that the Kochs' "free market philanthropy belies the immense profit they have made from

corporate welfare Corporate welfare is a phrase used to describe a government's bestowal of money grants, tax breaks, or other special favorable treatment for corporations. The definition of corporate welfare is sometimes restricted to direct government subsidie ...

." In 2011, 2014, and 2015 ''

Time Time is the continued sequence of existence and event (philosophy), events that occurs in an apparently irreversible process, irreversible succession from the past, through the present, into the future. It is a component quantity of various me ...

'' magazine included Charles and David Koch among the ''Time'' 100 of the year, for their involvement in supporting the

and the criticism they received from liberals.

Prison reform

In July 2015, David and Charles Koch were commended by both President Obama and activist Anthony Van Jones for their bipartisan efforts to reform the prison system in the United States. For nearly 10 years, the Kochs advocated for several reforms within the criminal justice system which include reducing recidivism rates, simplifying the employment process for the rehabilitated, and defending private property from government seizures through

asset forfeiture Asset forfeiture or asset seizure is a form of confiscation of assets by the authorities. In the United States, it is a type of criminal-justice financial obligation. It typically applies to the alleged proceeds or instruments of crime. This ap ...

. Allying with groups such as the

ACLU The American Civil Liberties Union (ACLU) is a nonprofit organization founded in 1920 "to defend and preserve the individual rights and liberties guaranteed to every person in this country by the Constitution and laws of the United States". ...

, the

Center for American Progress The Center for American Progress (CAP) is a public policy research and advocacy organization which presents a liberal viewpoint on economic and social issues. It has its headquarters in Washington, D.C. The president and chief executive offic ...

Families Against Mandatory Minimums Families Against Mandatory Minimums (FAMM) is an American nonprofit advocacy organization founded in 1991 to challenge mandatory sentencing laws and advocate for criminal justice reform. FAMM promotes sentencing policies that give judges the d ...

, the

Coalition for Public Safety The Coalition for Public Safety is a bipartisan coalition of progressive and conservative American advocacy groups dedicated to criminal justice reform, established in February 2015. Members Its members include conservative organizations such as ...

, and the

MacArthur Foundation The John D. and Catherine T. MacArthur Foundation is a private foundation that makes grants and impact investments to support non-profit organizations in approximately 50 countries around the world. It has an endowment of $7.0 billion and p ...

, the Kochs maintained that current prison system unfairly targeted low-income and minority communities at the expense of the public budget.

Philanthropy

Koch established the David H. Koch Charitable Foundation. Beginning in 2006, the

Chronicle of Philanthropy ''The Chronicle of Philanthropy'' is a magazine that covers the nonprofit world of philanthropy. Based in Washington, DC, it is aimed at charity leaders, foundation executives, fund raisers, and other people involved in philanthropy. ''The Chroni ...

listed Koch as one of the world's top 50 philanthropists. He sat on the Board of Trustees of

from 1988 until his death in 2019. Overall, Koch has donated more than $1 billion to philanthropic causes. Fraudsters have regularly (and falsely) used his philanthropic reputation in attempts to lend credibility to

phishing Phishing is a type of social engineering where an attacker sends a fraudulent (e.g., spoofed, fake, or otherwise deceptive) message designed to trick a person into revealing sensitive information to the attacker or to deploy malicious softwa ...

emails.

Arts

In July 2008, Koch pledged $100 million over 10 years to renovate the New York State Theater in the

Lincoln Center for the Performing Arts Lincoln Center for the Performing Arts (also simply known as Lincoln Center) is a complex of buildings in the Lincoln Square neighborhood on the Upper West Side of Manhattan. It has thirty indoor and outdoor facilities and is host to 5 milli ...

; the Theater is the home of the New York City Ballet. According to ''The New York Times'', Koch's gift was "transformative, enabling a full-scale renovation of the stage" that included "an enlarged orchestra pit that mechanically rises". The theater was renamed the

. Koch also pledged $10 million to renovate fountains outside the

Metropolitan Museum of Art The Metropolitan Museum of Art of New York City, colloquially "the Met", is the largest art museum in the Americas. Its permanent collection contains over two million works, divided among 17 curatorial departments. The main building at 1000 ...

. He was elected to the Board of Trustees of The Metropolitan Museum of Art in 2008. Koch was a trustee of the

American Ballet Theatre American Ballet Theatre (ABT) is a classical ballet company based in New York City. Founded in 1939 by Lucia Chase and Richard Pleasant, it is recognized as one of the world's leading classical ballet companies. Through 2019, it had an annual ei ...

for 25 years and contributed more than $6 million to the theater. He was also a member of the Board of Trustees of

WGBH-TV WGBH-TV (channel 2), branded on-air as GBH or GBH 2 since 2020, is the primary PBS member television station in Boston, Massachusetts, United States. It is the flagship property of the WGBH Educational Foundation, which also owns Boston's se ...

Education

From 1982 to 2013, Koch contributed $18.6 million to

WGBH Educational Foundation The WGBH Educational Foundation (also known as GBH since August 2020) is an American public broadcasting group based in Boston, Massachusetts. Established in 1951, it holds the licenses to all of the PBS member stations in Massachusetts, and ...

, including $10 million to the

Public Broadcasting Service The Public Broadcasting Service (PBS) is an American public broadcaster and non-commercial, free-to-air television network based in Arlington, Virginia. PBS is a publicly funded nonprofit organization and the most prominent provider of educa ...

(PBS) show ''

Nova A nova (plural novae or novas) is a transient astronomical event that causes the sudden appearance of a bright, apparently "new" star (hence the name "nova", which is Latin for "new") that slowly fades over weeks or months. Causes of the dramat ...

''. Koch was a contributor to the

Smithsonian Institution The Smithsonian Institution ( ), or simply the Smithsonian, is a group of museums and education and research centers, the largest such complex in the world, created by the U.S. government "for the increase and diffusion of knowledge". Found ...

in Washington, D.C., including a $20 million gift to the

, creating the David H. Koch Dinosaur Wing and a contribution of $15 million to the

National Museum of Natural History The National Museum of Natural History is a natural history museum administered by the Smithsonian Institution, located on the National Mall in Washington, D.C., United States. It has free admission and is open 364 days a year. In 2021, with 7. ...

to create the new ''

David H. Koch Hall of Human Origins The National Museum of Natural History is a natural history museum administered by the Smithsonian Institution, located on the National Mall in Washington, D.C., United States. It has free admission and is open 364 days a year. In 2021, with 7 ...

'', which opened on the museum's 100th anniversary of its location on the National Mall on March 17, 2010. He also served on the executive board of the

Institute of Human Origins The Institute of Human Origins (IHO) is a non-profit, multidisciplinary research organization dedicated to the recovery and analysis of the fossil evidence for human evolution. It was founded by the team of paleoanthropologists that discovered Luc ...

. In 2012, Koch contributed US$35 million to the Smithsonian to build a new dinosaur exhibition hall at the

. Koch was also a benefactor of the

, his alma mater. The Academy's natatorium, science center, and field house are named after him. Koch was named the Academy's first Lifetime Trustee.

Medical research

Koch said his biggest contributions go toward a "moon shot" campaign to finding the cure for cancer, according to his profile on

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...

. Between 1998 and 2012, Koch contributed at least $395 million to medical research causes and institutions. Koch has sat on the Board of Trustees of

since 1987. In 2007 he donated $15 million to NewYork–Presbyterian In 2013, he gave $100 million to NewYork–Presbyterian Hospital, the then-largest philanthropic donation in its history, beginning a $2 billion campaign to conclude in 2019 for a new

ambulatory care Ambulatory care or outpatient care is medical care provided on an outpatient basis, including diagnosis, observation, consultation, treatment, intervention, and rehabilitation services. This care can include advanced medical technology and proce ...

center and renovation the infrastructure of the hospital's five sites. Koch was a member of the board of directors of the

Prostate Cancer Foundation The Prostate Cancer Foundation (PCF), headquartered in Santa Monica, California, funds research into the prevention and cure of prostate cancer. Several important prostate cancer discoveries made in the past 30 years have been as a result of PC ...

and contributed $41 million to the foundation, including $5 million to a collaborative project in the field of

nanotechnology Nanotechnology, also shortened to nanotech, is the use of matter on an atomic, molecular, and supramolecular scale for industrial purposes. The earliest, widespread description of nanotechnology referred to the particular technological goal ...

. An eponym of the David H. Koch Chair of the Prostate Cancer Foundation, the position is held by Dr. Jonathan Simons. In 2006, Koch gave $20 million to

Johns Hopkins University Johns Hopkins University (Johns Hopkins, Hopkins, or JHU) is a private research university in Baltimore, Maryland. Founded in 1876, Johns Hopkins is the oldest research university in the United States and in the western hemisphere. It consi ...

School of Medicine in

Baltimore Baltimore ( , locally: or ) is the most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic, and the 30th most populous city in the United States with a population of 585,708 in 2020. Baltimore was ...

for cancer research. The building he financed was named the David H. Koch Cancer Research Building. In 2007, he contributed $100 million to the Massachusetts Institute of Technology for the construction of a new research and technology facility to serve as the home of the

David H. Koch Institute for Integrative Cancer Research The Koch Institute for Integrative Cancer Research at MIT ( ; also referred to as the Koch Institute, KI, or CCR/KI) is a cancer research center affiliated with the Massachusetts Institute of Technology (MIT) located in Cambridge, Massachusetts ...

. From the time he joined the MIT Corporation in 1988, Koch has given at least $185 million to MIT, and $30 million to the Memorial Sloan Kettering Cancer Center in New York City. The same year, he donated $25 million to the University of Texas M. D. Anderson Cancer Center in

Houston Houston (; ) is the most populous city in Texas, the most populous city in the Southern United States, the fourth-most populous city in the United States, and the sixth-most populous city in North America, with a population of 2,304,580 ...

to establish the David Koch Center for Applied Research in Genitourinary Cancers. In 2011 Koch gave $5 million to the House Ear Institute, in Los Angeles, to create a center for hearing restoration, and $25 million to the

Hospital for Special Surgery Hospital for Special Surgery (HSS) is a hospital in New York City that specializes in orthopedic surgery and the treatment of rheumatologic conditions. Founded in 1863 by James Knight, HSS is the oldest orthopedic hospital in the United States ...

in New York City In 2015, he committed $150 million to Memorial Sloan Kettering Cancer Center in

to build the David H. Koch Center for Cancer Care, which will be housed in a 23-story building in development between East 73rd and 74th Streets overlooking the

FDR Drive The Franklin D. Roosevelt East River Drive, commonly called the FDR Drive for short, is a limited-access parkway on the east side of the New York City borough of Manhattan. It starts near South and Broad Streets, just north of the Battery Par ...

. The center will combine state-of-the-art cancer treatment in an environment that supports patients, families, and caregivers. The building will include flexible personal and community spaces, educational offerings, and opportunities for physical exercise. Koch also donated $10 million to the

Cold Spring Harbor Laboratory Cold Spring Harbor Laboratory (CSHL) is a private, non-profit institution with research programs focusing on cancer, neuroscience, plant biology, genomics, and quantitative biology. It is one of 68 institutions supported by the Cancer Centers ...

for

biomathematics Mathematical and theoretical biology, or biomathematics, is a branch of biology which employs theoretical analysis, mathematical models and abstractions of the living organisms to investigate the principles that govern the structure, development a ...

research.

Wealth

Koch was the fourth-richest person in the United States in 2012 and was the wealthiest resident of

in 2013. As of June 2019, Koch was ranked as the 11th-richest person in the world (tied with his brother Charles), with a fortune of $50.5 billion.

Personal life

Fred with David and Julia Koch (1518448020)

In February 1991, Koch was a passenger on board

USAir US Airways (formerly USAir) was a major United States airline that operated from 1937 until its merger with American Airlines in 2015. It was originally founded in Pittsburgh as a mail delivery airline called All American Aviation, which soon ...

Flight 1493 when it collided with another aircraft on a runway at

Los Angeles International Airport Los Angeles International Airport , commonly referred to as LAX (with each letter pronounced individually), is the primary international airport serving Los Angeles, California and its surrounding metropolitan area. LAX is located in the ...

, killing 35 people. Koch survived and said in an interview in 2014 that it helped change his life and prompted him to become "tremendously philanthropic". In 1992, Koch was diagnosed with

prostate cancer Prostate cancer is cancer of the prostate. Prostate cancer is the second most common cancerous tumor worldwide and is the fifth leading cause of cancer-related mortality among men. The prostate is a gland in the male reproductive system that su ...

. He underwent radiation, surgery, and hormone therapy, but the cancer repeatedly returned. Koch said he believed his experience with cancer encouraged him to fund medical research. Following

Jacqueline Kennedy Onassis Jacqueline Lee Kennedy Onassis ( ; July 28, 1929 – May 19, 1994) was an American socialite, writer, photographer, and book editor who served as first lady of the United States from 1961 to 1963, as the wife of President John F. Kennedy. A p ...

' death in 1994, Koch purchased her 15-room apartment at

1040 Fifth Avenue 1040 Fifth Avenue (informally known as the 10 40) is a luxury residential housing cooperative in the Upper East Side of Manhattan, New York City. Overview 1040 is one of the tallest of the limestone-clad apartment houses on Fifth Avenue. The pr ...

. In 1996 he married Julia Flesher. The apartment "wasn't roomy enough" after the birth of their third child, so Koch sold it to billionaire

Glenn Dubin Glenn Russell Dubin (born April 13, 1957) is a billionaire hedge fund manager and the Principal of Dubin & Co. LP, a private investment company. He is the co-founder of Highbridge Capital Management, an alternative asset management company bas ...

in 2006 and moved with his family to 740 Park Avenue. Koch died at his home in

Southampton, New York Southampton, officially the Town of Southampton, is a town in southeastern Suffolk County, New York, partly on the South Fork of Long Island. As of the 2020 U.S. census, the town had a population of 69,036. Southampton is included in the stret ...

, on August 23, 2019, at the age of 79. Koch's wife,

Julia Koch Julia Margaret Flesher Koch (born April 12, 1962) is an American socialite and philanthropist who is one of the richest women in the world. She inherited her fortune from her husband, David Koch, who died in 2019. As of August 2022, '' Forbes'' ...

, and their three children inherited a 42% stake in Koch Industries from Koch upon his death.

References

External links

*
Political contributions
from ''Influence Explorer'' at the

Sunlight Foundation The Sunlight Foundation was an American 501(c)(3) nonpartisan, nonprofit organization that advocated for open government. The organization was founded in April 2006 with the goal of increasing transparency and accountability in the United States ...

Collected news and commentary
at ''

The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...

'' * {{DEFAULTSORT:Koch, David 1940 births 2019 deaths 1980 United States vice-presidential candidates 20th-century American businesspeople 20th-century American politicians 21st-century American businesspeople American anti–Iraq War activists American billionaires American chemical engineers American men's basketball players American people of Dutch descent American political fundraisers Businesspeople from Kansas Businesspeople from New York City Cato Institute people Deaths from cancer in New York (state) Deerfield Academy alumni Engineers from New York (state)

David Koch David Hamilton Koch ( ; May 3, 1940 – August 23, 2019) was an American businessman, political activist, philanthropist, and chemical engineer. In 1970, he joined the family business: Koch Industries, the second largest privately held c ...

Libertarian Party (United States) vice presidential nominees MIT School of Engineering alumni MIT Engineers men's basketball players New York (state) Libertarians New York (state) Republicans Philanthropists from New York (state) People from Wichita, Kansas Politicians from Wichita, Kansas Scientists from New York (state) Survivors of aviation accidents or incidents Tea Party movement activists American twins Activists from Kansas People named in the Paradise Papers

Early life and education

Role at Koch Industries

Political involvement

Campaigns

Views

Advocacy

Prison reform

Philanthropy

Arts

Education

Medical research

Wealth

Personal life

See also

References

External links