The Koch brothers, Charles and David, became well-known for their libertarian and conservative politics, often portrayed as significant personalities that impact elections and government decisions. However, despite fame as political influencers, their primary activities centered around running Koch Industries Inc., of which they owned over 80%.
Koch Industries is a private company that has annual revenues topping $110 billion. The company is not really a single business, but rather a conglomerate of different companies under one umbrella. On June 5, 2018, David Koch retired from all roles related to Koch Industries due to health reasons and he later passed away on Aug. 23, 2019.
- Koch companies collectively employ over 120,000 people in 50 countries, and more than half are in the United States.
- The company owns subsidiaries that produce various goods such as resins, polymers, glass, oil pipelines,