Charles James Koch ( '; born May 27, 1949) is an American entrepreneur, billionaire, and the co-founder and chairman of the Boston Beer Company, the producers of

Samuel Adams Samuel Adams (, 1722 – October 2, 1803) was an American statesman, Political philosophy, political philosopher, and a Founding Father of the United States. He was a politician in Province of Massachusetts Bay, colonial Massachusetts, a le ...

beer. Koch is widely considered to be a founding father of the American craft brewing movement.

Early life

Koch was born in

Cincinnati Cincinnati ( ; colloquially nicknamed Cincy) is a city in Hamilton County, Ohio, United States, and its county seat. Settled in 1788, the city is located on the northern side of the confluence of the Licking River (Kentucky), Licking and Ohio Ri ...

on May 27, 1949, one of four children born to

German-American German Americans (, ) are Americans who have full or partial German ancestry. According to the United States Census Bureau's figures from 2022, German Americans make up roughly 41 million people in the US, which is approximately 12% of the pop ...

parents Charles and Dorothy Koch (''née'' Kautz). Charles was a fifth-generation

brewer Brewing is the production of beer by steeping a starch source (commonly cereal grains, the most popular of which is barley) in water and fermenting the resulting sweet liquid with yeast. It may be done in a brewery by a commercial brewer, ...

. Koch earned a

Bachelor of Arts A Bachelor of Arts (abbreviated B.A., BA, A.B. or AB; from the Latin ', ', or ') is the holder of a bachelor's degree awarded for an undergraduate program in the liberal arts, or, in some cases, other disciplines. A Bachelor of Arts deg ...

Juris Doctor A Juris Doctor, Doctor of Jurisprudence, or Doctor of Law (JD) is a graduate-entry professional degree that primarily prepares individuals to practice law. In the United States and the Philippines, it is the only qualifying law degree. Other j ...

, and

Master of Business Administration A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular ...

from

Harvard University Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...

Career

He is a former consultant with The Boston Consulting Group. He was formerly an

Outward Bound Outward Bound (OB) is an international network of outdoor education organisations that was founded in the United Kingdom by Lawrence Holt in 1941 based on the educational principles of Kurt Hahn. Today there are organisations, called schools, i ...

instructor. In 1984, Koch co-founded the Boston Beer Company, the producers of

beer. Koch took Boston Beer company public in 1995 and owns a 19.5% stake in the company, giving him a net-worth of over $1 billion. In 2023 he was ranked #1905 in Forbes Billionaires 2023. In 2016, Koch published ''Quench Your Own Thirst: Business Lessons Learned Over a Beer or Two'', in which he discussed how he left his career as a management consultant to start his own brewery using his great-great-grandfather's recipe. In August 2018, Koch said the corporate tax cut of 2017 helped to play a major role in making Boston Beer Company more competitive in regard to foreign competitors. Koch stated that "When I started Sam Adams, American beer was a joke, and it pissed me off. And now, American brewers make the best beer in the world. And the tax reform was a very big deal for all of us, because 85 percent of the beer made in the United States is owned by foreign companies."

Personal life

Koch's marriage to his first wife, Susan, ended around the time he started the Boston Beer Company. He remarried to entrepreneur Cynthia Fisher in 1994. He has two children from his first marriage and two from his second. They live in

Newton, Massachusetts Newton is a city in Middlesex County, Massachusetts, United States. It is located roughly west of Downtown Boston, and comprises a patchwork of thirteen villages. The city borders Boston to the northeast and southeast (via the neighborhoods of ...

. Koch is unrelated to Stone Brewing Co. cofounder Greg Koch.

Works cited

References

Sources

* * * * Living people American brewers Harvard Business School alumni Harvard Law School alumni 1949 births {{US-business-bio-1940s-stub