William I. Koch

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{{#Badges: CoalSwarm}}William I. Koch is the younger brother of Charles Koch and David Koch, but was bought out of the family business Koch Industries after two decades of litigation.[1]

He is the founder and owner of Oxbow Corporation, a privately-owned resources company. On its website the company states that "the Oxbow Group is made up of more than two dozen companies with yearly aggregate sales of over $3.7 billion, combined assets of over $1.7 billion and over 1200 employees worldwide. Oxbow’s primary businesses are the mining and marketing of energy and commodities such as coal, natural gas, petroleum, metallurgical and calcined coke."[2]

After being bought out of Koch Industries he founded his own energy company, Oxbow, and turned to yachting; he spent an estimated sixty-five million dollars to win the America’s Cup, in 1992.[3]

Mother Jones and Greenpeace report he is a major funder of the Alliance to Protect Nantucket Sound which is fighting the Cape Wind development of offshore wind turbines.[4][5]

Forbes reported in 2009 that William Koch is worth approximately $1500 million, making him the 236th richest person in America [6].

Articles and resources

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References

  1. "[1]"
  2. Oxbow Corporation, "Philosophy", Oxbow Corporation website, accessed June 2009.
  3. "[2]"
  4. "[3]"
  5. Greenpeace.org Bill Koch: the Dirty Money Behind the Cape Win Opposition, Report. 2010. Accessed February 28, 2010
  6. "[4]"

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