Charles Koch is an American entrepreneur and contributor who is a partner of Koch Industries. Charles Koch was born in Wichita, Kansas. He graduated from Massachusetts Institute of Technology with a Bachelor of Science degree in general engineering. He later received his Master of Science degree in nuclear and chemical engineering. His father was an industrial engineer who founded the company name Koch Industries. Charles Koch joined his father’s company, Koch Industries located in Wichita, Kansas in 1961. In 1967, he was named Chairman Of The Board and Chief Executive Officer of Koch Industries, Inc. Currently, Koch Industries are valued at an estimate of one hundred billion dollars.
Charles Koch has played a vital role in the major growth of the Koch Industries when he first took over the company in 1967. The company was valued at about one hundred and eighty million dollars, but today the company value has exceeded over one hundred billion dollars. In 2005, the company experiences a huge growth when they purchased Georgia Pacific for twenty-one billion dollars. Koch Industries have several locations in more than sixty countries, with more than sixty thousand employees in the United States and one hundred thousand employees globally.
Charles Koch is the President of the Charles Koch Foundation, which is an educational program that finances investigation groups and traditional journalism. In 2015, Mr. Koch was the only contributor to the foundation, with a donation of one hundred and sixty-eight million dollars. In 2014 several family trusts, including one in his name, provided most of the income to the foundation.
Charles has obtained numerous honors and recognition, due to his dedication to his involvement in cultural, economic, national and political agencies. In 2008, Charles Koch received an Honorary Doctorate degree from George Mason University for scholarships and grants that he donated to the university.
Information shows that in the year 2014 the Charles Koch Foundation presented George Mason University and the Institute for Humane Studies a very rich monetary endowment for over sixteen million dollars. Just recently the Charles Koch Foundation made a nice donation of ten million dollars for the George Mason Law School along with the Mercatus Center. The Mercatus Center is an investigation group that performs research in order to provide information to the government.
For over fifty years Koch has consistently provided financial support towards educational and public policy, investigation, focusing on solutions to cultural challenges.