David Koch, who retired as executive vice president of Koch Industries in 2018, was diagnosed with advanced prostate cancer 27 years ago.
Billionaire businessman and philanthropist David Koch — whose financial support for conservative causes transformed him and his brother, Charles, into deep-pocketed bogeymen among national Democrats — has died at 79.
“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,” Charles Koch, the chairman and CEO of Koch Industries, said in a statement.David Koch, who retired as executive vice president of Koch Industries in 2018, was diagnosed with advanced prostate cancer 27 years ago “and given a grim prognosis of a few years to live,” Charles Koch said.
“David liked to say that a combination of brilliant doctors, state-of-the-art medications and his own stubbornness kept the cancer at bay. We can all be grateful that it did, because he was able to touch so many more lives as a result,” Charles Koch said, touting the “institution changing philanthropic commitments to hospitals, cancer research, education and the arts” his brother made during his life.
“The significance of David’s generosity is best captured in the words of Adam Smith, who wrote, ‘to indulge our benevolent affections, constitutes the perfection of human nature,’” Charles Koch said.
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