Billionaire industrialist and Republican spokesman David Koch died Friday at 79.
With a net worth of about $ 50.5 billion, Koch is one of the richest people in the world, with a 42% stake in Koch Industries, located in Kansas. He donated $ 1.3 billion to charity, including gifts to renowned New York City institutions such as the Metropolitan Museum of Art. He supported same-sex marriage to differentiate it from traditional Republicans.
He helped to strengthen the conservative temple, which profoundly reconstructed American politics.
In recent decades, David and Charles Koch have become huge political forces. According to the New York Times, it has donated more than $ 100 million to help the tea party movement rise and strengthen the Republicans since the 1970s.
They have built an influential donor network that is consistent with the liberal ideals for the free market, tax cuts and the federal government's downsizing. When their network poured money into the recent election cycle, critics recognized it as "Kochtopus."
Read more: Billionaire industrialist and conservative giant donor David Koch died at age 79.
The Koch brothers also funded initiatives affecting climate science, and the author, "Dark Money", in the book "Jane Mayer".
Here's how the Koch brothers readjusted their liberal conservative brand and state politics.
Best Source: https://www.businessinsider.com/koch-brothers-fortune-power-conservative-crusade-american-politics-2019-8