Billionaire David Koch, a major Republican Party donor, has died at the age of 79. He has cancer.
Former majority owner of Koch Industries is ranked by Forbes, jointly with Brother Charles, as the 1
Koch has enormous political clout, driving conservative causes for small governments, low regulation and skepticism about climate change.
He was also a major donor to medical research, education and the arts.
They made a lot of money for Mitt Romney's failed presidential campaign, but fell out with President Donald Trump because of his rigorous immigration policies and tariffs.
- Blood and Money: The Koch Brothers Story
In 2018, Koch retired from Koch Industries – which refines crude oil, produces fertilizers and produces household products – citing its declining health.
was a philanthropist in the arts, especially ballet, and donated to the New York Center for Lincoln and Sloan Kettering Memorial Hospital.
He ran for Vice President as a Libertarian in 1980, calling for the removal of many federal government agencies.
According to Forbes, it is estimated at $ 42.4 billion (£ 34.7 billion).
The news of his death was confirmed in a statement by Charles Koch, who said his brother was first diagnosed with prostate cancer 27 years ago and given only a few years to live.
"David liked to say that a combination of brilliant doctors, state-of-the-art drugs and his own tenacity kept cancer afar off," writes Charles Koch, adding that in those years he married his wife, Julia Flusher, and has three
He also describes David as a "gigantic personality and passion for life" and noted that "the institution is changing philanthropic commitments to hospitals, cancer research, education and the arts."
"Push Republicans to the Right"  Analysis by Tara McKelvey, White House Reporter
David Koch, who was born in Wichita, once said, "Hell, all of Kansas is Republican."
In fact, there are many Democrats in Kansas. But he was right about that – conservatism is pervading the state. a place where people believe in individual spirit, free trade and free markets – and love to stand against Washington.
A libertarian, Koch promotes his economic ideas nationally through organizations such as Americans for Prosperity, a right-wing advocacy group.
For several decades, he helped reformulate conservatism in the United States by pushing the Republican Party to the right and inspiring leaders of the Tea Party movement, which eventually helped to elect Trump.
A wealthy man who invested both in science (the dinosaur gallery at the American Museum of Natural History is named after him) and in Kansas-based libertarian economic ideas, Koch had a profound influence on conservative thought in that country.
The company, founded by Charles and David Koch, the second largest privately owned business in the United States, has interests ranging from pipelines to paper towels.
According to the Koch Industries website, they have over 120,000 employees among all their companies and subsidiaries.
Previously, they had invested money in groups that denied climate change and were attacking trade unions and workers' rights.
The political influence of the brothers turned them into perverts for many in the political left.
But they are Kochs also insisted on reform in criminal justice and made major donations to the American Civil Liberties Union.