David Koch, one of the United States’ richest men and a longtime political power player, has passed away at 79 years old.
“It is with a heavy heart that I announce the passing of my brother David,” Charles Koch, David’s brother, said in a statement on Friday. “Anyone who worked with David surely experienced his giant personality and passion for life. We can all be grateful that it did, because he was able to touch so many more lives as a result.”
The Koch brothers co-owned Koch Industries, an energy and chemical conglomerate, since 1983.
Last year, David Koch stepped away from overseeing the Koch organization and other political networks due to deteriorating health. In a company-wide memo, Charles Koch praised his brother for his guidance and loyalty, especially in our most troubled times, has been unwavering.”
David Koch was diagnosed with prostate cancer more than two decades ago and had donated millions to cancer initiatives. He served as a board member of the Prostate Cancer Foundation. Over the years, the David H. Koch Charitable Foundation has given money to various arts and science organizations, including the American Ballet Theatre and the Metropolitan Museum of Art.
The Koch brothers have long been controversial names in politics — first as boogeymen to the left for their support of the Tea Party movement during the Obama administration, and now opposing populist conservative policies with advocacy of globalist trade and immigration policies. The billionaire donors, though supporters of many Republican political candidates, did not support President Donald Trump’s campaign for the White House in 2016.
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