Charles Koch

Charles Koch Brief Biography

Charles de Ganahl Koch (born November 1, 1935) is an American businessman and philanthropist. He is co-owner, chairman of the board, and chief executive officer of Koch Industries. His brother David H. Koch also owns 42% of Koch Industries and serves as Executive Vice President. The brothers inherited the business from their father, Fred C. Koch, and have since expanded the business to 2,600 times its inherited size. Originally involved exclusively in oil refining and chemicals, Koch Industries has expanded to include process and pollution control equipment and technologies; polymers and fibers; minerals; fertilizers; commodity trading and services; forest and consumer products; and ranching. The businesses produce a wide variety of well-known brands, such as Stainmaster carpet, Lycra fiber, Quilted Northern tissue and Dixie Cup. In 2007, Koch's book The Science of Success was published. The book describes his management philosophy, referred to as "Market-Based Management".

Koch provides financial support for a number of public policy and charitable organizations, including the Institute for Humane Studies and the Mercatus Center at George Mason University. He co-founded the Washington, DC-based Cato Institute. Through the Koch Cultural Trust, founded by Charles Koch's wife, Elizabeth, the Koch family has also funded artistic projects and creative artists.

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