#Open journalism No news is bad news

Your contributions will help us continue to deliver the stories that are important to you

Support The Journal
Dublin: 13°C Friday 23 April 2021
Advertisement

David Koch, the billionaire and major Republican donor, has died aged 79

He was the 11th-richest person in the world.

David Koch
David Koch
Image: Koch Industries

BILLIONAIRE DAVID KOCH, a major donor to the Republican party, has died at the age of 79.

Koch Industries, the Kansas-based energy and chemical company which he co-owned with his brother Charles, reported his death today.

“It is with a heavy heart that I announce the passing of my brother David,” Charles said in a statement, according to US television network NBC.

“Anyone who worked with David surely experienced his giant personality and passion for life.”

In a tribute to him, Koch Industries said he contributed more than $1.3 billion to cancer research, medical centres and arts and cultural centres during his life.

According to Forbes, he was the 11th richest person in the world – tied with his brother- at the time of his death.

He previously survived a plane crash and was given five years to live when he was diagnosed with terminal prostate cancer 27 years ago. 

The two brothers had a significant influence on the conservative movement in the US, and David ran for vice-president as a Libertarian candidate in 1980.

#Open journalism No news is bad news Support The Journal

Your contributions will help us continue to deliver the stories that are important to you

Support us now

They founded Americans for Prosperity, a charity which has supported conservative presidential candidates who adhere to the ideals of a free-market and small government.

However, the group has frequently clashed with current President Donald Trump, particularly over his trade tariff policy.

Read next:

COMMENTS (60)

This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
write a comment

    Leave a commentcancel