![]() The brothers began their political journey backing hard-line Libertarian causes in the late seventies, culminating in David's run as the vice-presidential candidate on the Libertarian Party ticket in the 1980 presidential election. ![]() In addition to New York City, David Koch had homes in Southampton, New York, Aspen, Colorado, and Palm Beach, Florida. The brothers' combined wealth is believed to have exceeded the wealth of the world's richest man, Jeff Bezos, the founder, chairman, CEO, and president of Inc. He was reportedly the seventh richest person in the US - tied with Charles again - and the wealthiest resident of New York City. 'We can all be grateful that it did, because he was able to touch so many more lives as a result.'Īccording to Forbes magazine, David Koch's net worth was $50.5billion at the time of his death making him the 11th richest person in the world - tied with his brother. 'David liked to say that a combination of brilliant doctors, state-of-the-art medications and his own stubbornness kept the cancer at bay,' Charles Koch's statement read. He was diagnosed with prostate cancer in 1992, which be battled on and off for years. At the time, he was given five months to live. In June 2018, David stepped down from the company, citing health issues. It is currently the second-largest privately held company in the US, with Charles, the current CEO, saying it would go public 'literally over my dead body', reported The Economist. Published: 23:43 BST, 23 August 2019 | Updated: 07:13 BST, 24 August 2019ĭavid Koch built his fortune with Koch Industries, an oil, chemical and textiles conglomerate, based in the brothers' hometown of Wichita, Kansas. Prominent progressive Alyssa Milano posted that doing so was 'a bad look for Democrats and humans'īy Andrew Court and Mary Kekatos For.However, not all left-wing activists agreed with celebrating the billionaire's death.Bette Midler was among the stars who shared cruel messages, and she also lashed out at a conservative who paying tribute to David.On Friday, hundreds took to Twitter to celebrate David's death, and to taunt Charles, saying that he would be next.Both brothers had been prominent Republican Party donors since the 1980s - attracting the ire of many Democrats and environmental activists.As of Friday, each brother had an estimated net worth of $50.5 billion, making them the equal 11th richest persons in the world.Along with his brother Charles, 83, Koch built his fortune as the co-owner of Koch Industries, the second-largest privately held company in the US.The death of billionaire conservative David Koch, 79, was announced on Friday morning.'Today Charles Koch is learning how overjoyed the world will be when he dies!' Twitter users - including Bette Midler - post cruel messages celebrating the death of Republican billionaire David Koch
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