World's Richest Men - RichestMen.net

Eighteenth Spot: David Koch

David Hamilton Koch (born March 5, 1940) is an American billionaire businessman. He is one of the co-owners (with older brother Charles) and an executive vice president of Koch Industries, a conglomerate with major oil and gas holdings that is the largest privately held company in the United States. He lives in New York City and is its second wealthiest resident after Michael Bloomberg.

Fortune	Business	Country	Status
14 Billion	Manufacturing	USA	Married, 3 children

David Koch currently serves on the board of directors of the libertarian Cato Institute and the Reason Foundation. His brother Charles Koch has also been active in organizing and funding foundations and think-tanks such as the Cato Institute.

David Koch is one of four sons of oil industry innovator Fred C. Koch. He attended Deerfield Academy and then the Massachusetts Institute of Technology (MIT). David received both bachelor's and master's degrees in chemical engineering in 1962 and 1963 respectively.

In July 2008 it was announced that New York State Theater in Lincoln Center would be renamed the David H. Koch Theater after he pledged $100 million over 10 years to renovate the theatre.

David Koch is also a major source of donations for the Public Broadcasting Service (PBS) show Nova.

He financed the construction of Deerfield Academy's $68 million state-of-the-art Koch Center for mathematics, science and technology.

He contributed $100 million to the Massachusetts Institute of Technology to help fund the construction of a new 350,000 square foot research and technology facility to serve as the home of the David H. Koch Institute for Integrative Cancer Research. (wiki)

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