4.Koch Family
The Koch family is headed by Fred C. Koch, who is also the founder of Koch Industries, Inc. the company is established in 1940 as Wood River Oil and Refining Company and was later named as Rock Island Oil and Refining Company. Net worth of the family is estimated to be $89 billion.
It is the 2nd largest private company of US and then became public in 2013. The company was taken forward by Charles Koch, CEO and Chairman of Board and David Koch, executive vice president, sons of Fred C. Koch. The duo bought the company from their brothers William and Frederick in 9183 for $1.1 billion. David and Charles own 42% each in the company. The company is mainly into chemicals, energy, fibers, finance, fertilizers, natural gas, minerals plastics etc.
...[ Continue to next page ]
Share This Post
