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“If you never failed, then you’re probably not doing very much.”
|Date of Birth||01 November 1935|
|Source of Wealth||Diversified|
|Residence||Wichita, Kansas (KS), US|
|Education||Massachusetts Institute of Technology|
Charles Koch expanded his family business and renamed it as Koch Industries and became the president of the firm in 1967 having invested more than $70 Billion in diversified fields like petroleum and chemicals, minerals and fertilizers, intermediates and polymers, pulp and paper, etc.
Charles Koch received the Adam Smith Award from American Legislative Exchange Council in 1994. He was also honored with the Directors’ Award for Global Vision in Energy in 1999.
The other awards won by Charles Koch include The Spirit of Justice Award in 2003, the Herman W. Lay Memorial Award in 2005 and the William E. Simon Prize for Philanthropic Leadership by Philanthropy Roundtable in 2011.
Charles Koch’s leadership and analytical skills made the Koch Industries see an unprecedented rate of expansion currently operating in around 60 countries and more than 100,000 employees worldwide.
Charles Koch with his exceptional management capabilities has expanded his inherited business to 2600 times.
Charles’s lavish mansion is located in Palm Desert, California, USA.
Charles Koch owns his most adorable asset, an elegant home in Palm Desert, California, valuing around $26 Million.
Charles Koch has a huge car park, the price of which is estimated at Millions of dollars.
The multi-billionaire, he owns property all over the world.
With the extraordinary management skills, Charles Koch managed to expand the inherited business to almost 2,600 times the inherited size.
If a person invested $1,000 in Koch Industries in 1960, he would now hold a wealth of $5 Million
TIME magazine announced Charles Koch among the most influential people of 2011.
He is a renowned philanthropist and focuses on funding projects in the fields of research, policy, and education and donated $11.25 Million to the Wichita State University in 2014.
Charles Koch is known for his simplicity and benevolence. He is often seen in the cafeteria, waiting patiently in line with his colleagues and other employees of the company.
Charles G. Koch Charitable foundation is known for making contributions to more than 180 colleges and universities all over the world.