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Koch family
American family engaged in business
Koch family
The Koch family ( KOHK) is an American family engaged in business, best known for their political activities in the Koch network and their control of Koch Inc, the 2nd largest privately owned company in the United States (with 2019 revenues of $115 billion). The family business was started in 1940 by Fred C. Koch, who developed a new cracking method for the refinement of heavy crude oil into gasoline. Fred's four sons litigated against each other over their interests in the business during the 1980s and 1990s. By 2019, Charles Koch and David Koch, commonly referred to as the Koch brothers, were the only two of Fred Koch's four sons still with Koch Industries. Charles and David Koch built a political network of libertarian and conservative donors, and the brothers funneled financial revenue into television and multi-media advertising. David Koch died in August 2019.
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