Charles Koch Net Worth in 2017: $42.9 billion
Full name: Charles de Ganahl Koch
Date of birth: 1935-11-01 (81 years)
Birth Place: Wichita, Kansas, US
Residence: Palm Desert, California, USA
Marital Status: Married
Education: Massachusetts Institute of Technology
Salary: $N/A / year
Source of Wealth: Koch Industries Inc.
Charles Koch biography
Wondering what is Charles Koch’s net worth or how much money is Charles Koch making? You’re in the right place! Keep reading!
Charles Koch, or by his full name Charles de Ganahl Koch, was born in Wichita, Kansas, US on November 1, 1935.
Charles Koch has a Net Worth of $42.9 Billion due to his successful career as an businessman
The American business man is the chairman of the board, c0-owner and Chief Executive Officer of Koch Industries. Charles Koch currently owns 42% of Koch Industries.
During his career as a successful American businessman, Charles Kock received an extraordinary number of honors and awards like Honorary Doctor of Laws from Babson College, The Distinguished Service Citation from the University of Kansas, Spirit of Excellence Award from The Urban League of Wichita and others.
The business vision or philosophy of the American businessman is market-based management. The MBM philosophy, says Charles Koch, is based on rules of just conduct, economic thinking, and sound mental models.
The marked-based management is organized in and interpreted through five dimensions: vision, virtue and talents, decision rights, incentives, and knowledge processes.
Charles Koch, inherited the Koch Industries conglomerate from his father Fred C. Koch, originally established as Wood River Oil and Refining Company.
The multinational corporation currently owns Flint Hills Resources, Invista, Koch Pipeline, Georgia-Pacific, Koch Fertilizer, Molex, Matador Cattle Company and Koch Minerals.
The subsidiaries are involved in sectors like investments and trading, but also in refining, manufacturing and distribution of energy, fiber, petroleum, pulp and paper, minerals, chemicals, intermediates and polymers, finance and ranching.
The multinational corporation of Charles Koch and David Koch had in 2013 a revenue of $115 billion and a number of employees of 100.000.
Charles Koch and David Koch’s share of %84 from Koch Industries had a value in 2013 of $96 billion.
Charles Koch Net Worth 2015
In 2015, Charles Koch has a net worth of $42.9 billion and he is the sixth richest person in the world.
Regarding his estates and homes, the American businessman owns a residence in Palm Desert, California, USA and a residence in Wichita, Kansas.
Charles Koch also supports free market-oriented educational organizations like the Mercatus Center and Institute for Humane Studies.
The Koch family also supports creative artists and artistic projects through Koch Cultural Trust. The Koch Cultural Trust was founded by Elizabeth Koch, the wife if the American billionaire.
So how much is Charles Koch worth? All of his hard work took Charles Koch Net Worth 2015 to $42.9 Billion
Charles Koch net worth evolution
Here you can see how the personal net worth of Charles Koch changed over the years. We combined our yearly data into an easy to view graph.
* in million/billion of USD
Charles Koch Fiancial Breakdown
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