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David Koch, billionaire conservative and philanthropist, dies at 79


Added 08-23-19 09:13:02am EST - “David Koch, a wealthy conservative megadonor, businessman and philanthropist, has died at 79, according to multiple reports.” - Nydailynews.com

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Posted By TheNewsCommenter: From Nydailynews.com: “David Koch, billionaire conservative and philanthropist, dies at 79”. Below is an excerpt from the article.

David Koch, a wealthy conservative megadonor, businessman and philanthropist, has died at 79, according to multiple reports.

The cause of death was not immediately known although Koch was diagnosed with cancer nearly two decades ago.

Known with his older brother, Charles, as the Koch brothers, David Koch was a key funder of conservative political causes and Republican politicians.

He was also one of the wealthiest men in the world with a fortune once estimated at more than $50 billion.

David Koch and his brother founded Koch Industries, one of the world’s largest privately held companies. The younger Koch reportedly stepped down from the company last year due to deteriorating health.

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