American Billonaire David Koch has Died at 79
David Koch, one of the world’s richest people and American billionaire has died at the age of 79.
Late David Koch and his brother, Charles, co-owned Koch Industries, a Nebraska-based energy and chemical company, since 1983. David stepped down from running the Koch organization last year due to declining health.
Charles Koch announced his brother’s death in a statement on the company’s website.
“Twenty-seven years ago, David was diagnosed with advanced prostate cancer and given a grim prognosis of a few years to live,” he 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.”
The Koch brothers helped to build a massive conservative network of donors for organizations that work to mobilize voters and sway elected officials in support of libertarian-leaning economic policies.