Charles Koch's Biography

Charles Koch is an American billionaire businessman and philanthropist, best known as the chairman and CEO of Koch Industries, one of the world’s largest privately held companies. Born on November 1, 1935, in Wichita, Kansas, Koch studied chemical engineering at MIT, earning both a bachelor's and master's degree. After the death of his father, Fred C. Koch, Charles took the helm of the family business in 1967, transforming it into a global conglomerate involved in industries ranging from oil refining and chemicals to paper products and electronics. Under his leadership, Koch Industries has grown exponentially, generating tens of billions in annual revenue and employing over 120,000 people worldwide. Koch is also famous for his political and philanthropic activities, having donated hundreds of millions to libertarian causes, universities, and medical research. Despite being a polarizing figure due to his political influence and the environmental record of his companies, Koch is recognized for his commitment to free-market principles and innovation. With an estimated net worth of $59 billion in 2024, he remains one of the richest people in the world. Koch has written several books on business philosophy, emphasizing value creation for society. He resides in Wichita with his wife, Liz Koch, and is known for his passion for reading and advancing education reform.