Conservative billionaire David Koch, who became a household name through the policy and political empire he created with his older brother, Charles, has died. He was 79.
Charles Koch, the CEO of the family's industrial conglomerate Koch Industries, announced the death Friday."It is with a heavy heart that I announce the passing of my brother David. Anyone who worked with David surely experienced his giant personality and passion for life," the elder Koch said in a statement.David Koch retired from the company and the Koch political operations in 2018, citing health reasons.
Their mission expanded to include large donations to colleges and universities as well as advocating for criminal justice reform. They also dedicated funds toward medical research and the arts.David Koch himself entered politics decades ago, waging an unsuccessful bid as the Libertarian Party's vice presidential nominee in 1980 with Ed Clark. They won just 1% of the vote.
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