David H. Koch

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The Koch Brothers: Charles (L) and David (R)

David H. Koch is one of the billionaire brothers who co-own Koch Industries, one of the largest privately-held companies in the world.[1] David leads the David H. Koch Foundation and his brother Charles runs a foundation named after himself. Forbes listed his net worth as $40.3 billion as of April 8, 2014, tying him with his brother Charles as the sixth wealthiest person in the world.[2] In a 2008 article, the New York Times called David Koch "the wealthiest resident of New York City."

Koch Connection

The Koch Brothers are the conservative billionaire co-owners of Koch Industries. As two of the richest people in the world, they are key funders of the right-wing infrastructure, including the American Legislative Exchange Council (ALEC) and the State Policy Network (SPN). In SourceWatch, key articles on the Kochs include: Koch Brothers, Koch Industries, Americans for Prosperity, American Encore, and Freedom Partners.

Campaign Funding

David Koch Admits to Funding Walker Campaign

David Koch admitted that he is helping fund Wisconsin Gov. Scott Walker’s campaign in an interview with The Palm Beach Post. In the February 2012 interview Koch acknowledged that his group – Americans for Prosperity - is hard at work in Wisconsin, where Gov. Scott Walker is facing off with public unions and grappling with a possible recall vote.

"We're helping him, as we should. We've gotten pretty good at this over the years," he says. "We've spent a lot of money in Wisconsin. We're going to spend more," said Koch.

Funded by Koch money, Americans for Prosperity spent about $700,000 on an "It's working" television ad buy in the state that credits Walker's public pension and union overhaul with giving school districts the first surpluses they've seen in years.

"What Scott Walker is doing with the public unions in Wisconsin is critically important. He's an impressive guy and he's very courageous…If the unions win the recall, there will be no stopping union power," said David Koch. [3] [4]

Political Views

In an interview immediately after the death of Osama bin Laden, David Koch told New York Magazine that he believes President Barack Obama is "a hardcore socialist...and he’s marvelous at pretending to be something other than that, but that is what I believe he truly is, a hardcore socialist."[5]

Climate Position

David Koch is on record saying that he was unconvinced that global warming has been caused by human activity. Even if it has been, he said, the heating of the planet will be beneficial, resulting in longer growing seasons in the Northern Hemisphere. “The Earth will be able to support enormously more people because far greater land area will be available to produce food,” he said. [6]

Presidential Run

The 1979 Presidential Race won by Ronald Reagan featured David Koch on the vice-president's ticket for the Libertarian Party[7]

Affiliations

Articles & sources

Trivia

David Koch was a passenger on USAir flight 1493 which crashed at LAX on February 1st 1991 [16]

Sourcewatch articles

References

  1. Forbes.com America's Largest Private Companies- #@ Koch Industries, accessed March 1, 2011
  2. Forbes, "#6 David Koch," Forbes.com, accessed April 8, 2014.
  3. Stacy Singer, David Koch intends to cure cancer in his lifetime and remake American politics, Palm Beach Post, February 18, 2012
  4. John Nichols, David Koch Admits to Helping Walker Big Time, The Cap Times, February 20, 2012
  5. Sarah Owen, "David Koch Gives President Obama Zero Credit for Bin Laden’s Death," New York Magazine, May 5, 2011.
  6. "[1]"
  7. "[2]"
  8. Prostate Cancer Foundation Board, organizational web page, accessed July 11, 2013.
  9. Trustees, Rockefeller University, accessed December 28, 2007.
  10. Directors, Metropolitan Museum of Art, accessed June 16, 2010.
  11. Directors, National Museum of Natural History, accessed October 5, 2008.
  12. About, National Geographic Society, accessed January 17, 2009.
  13. "Americans for Prosperity Foundation", Guidestar, accessed February 2009.
  14. Trustees, African Wildlife Foundation, accessed December 16, 2011.
  15. WNET TRUSTEES, organizational web page, accessed October 20, 2012.
  16. 10:20"[3]"

External links