David Koch
David Koch | $ 40.7 Billion
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David Koch

United States
Net Worth $ 40.7 Billion
David Koch
Wealthiest man
About Quotes Trivia
Born on: 3rd May 40 Born in: United States Marital status: Married Occupation: Koch Industries Inc
Born David Koch has an estimated net worth of $40.7 billion as of April according to Forbes. He is the  son of Late Fred Koch, is the Executive Vice President of “Koch Industries” and the fourth wealthiest personality in the US. The billionaire’s appetite for expanding the family’s business, acquiring luxurious homes and political, non-political philanthropy has made him an eminent personality in the US. David acquired Chemical Engineering degree from the “Massachusetts Institute of Technology” and currently also serves as the CEO of the “Koch Chemical Technology Group”, a subsidiary of Koch Industries. With a net worth of $22.5 billion, Executive Vice President of “Koch Industries” holds the title of being the richest man in New York, passing Mayor Bloomberg, and the fourth wealthiest person in the US. Apart from his 9,000 square foot primary residence in New York, the billionaire business tycoon has a number of plush properties including homes in Aspen; Colorado, Southampton; New York, and Palm Beach; Florida. Tour crazy David spends up to $500,000 per week floating around the Mediterranean for several weeks on a 246-foot mega-yacht “Leander”. The affluent personality adores driving around the town streets with his family in a chauffeured Mercedes. The Kansas born business man is married and has three children. David donated millions to conservative and libertarian organizations via his Koch-controlled foundation “David H. Koch Charitable Foundation”. Big hearted David also made $100 million donation to the “New York State Theater” at New York’s Lincoln Center which houses the New York City Opera and Ballet.  The “New York State Theater” was renamed to “David H. Koch Theater” after his vital financial contribution for the theater’s renovation.  A kind philanthropist by nature, the billionaire made more than $750 million contribution for cancer research, development of medical centers and support of educational institutions.
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David Koch Estates and Homes (4)

Palm Beach home

Palm Beach home

The New York’s richest man owns a lavish beachfront home in Palm Beach, which is estimated worth $37 million by property tax authorities. David also spent a hefty $12 million on its renovations to endow it with it a superior touch, though the billionaire had to pull down a privacy fence erected around his house, after complaints from the indigenous passersby.

 

Location: The majestic beachfront house is located in Palm Beach, Florida.

 

Accommodation: David’s 30,000 square foot plush home is surrounded by a thin cover of vegetation. The mansion’s architecture appears marvelous with its colored terrace pattern and a large number of evenly spaced windows which offer ample light and ventilation. The interiors are fully furnished and adorned with glorious art pieces and feature beautifully crafted staircases and stunning chandeliers. A beautiful outdoor pool with big trees on sides makes it real fun outside. 

Southampton home

Southampton home

The Energy magnate’s plush Southampton home is estimated at $18 million and is yet another property in David’s list of acquired estates.

 

Location: The magnificent mansion is located in Southampton, New York.

 

Accommodation: The stunning home is spread over an area of 10,748 square feet and features seven comfy bedrooms and nine exotic bathrooms. The greater number of bathrooms compared to bedrooms exhibits the billionaire’s standard of luxury. Light colored painted exteriors and a striking design provides a grand appearance to the mansion. A marvelous gigantic rectangular shaped swimming pool in the open space offers ample fun under the sun.

New York Apartment

New York Apartment

The business tycoon owns a lavish apartment in New York, which the billionaire bought from Jackie Kennedy for $9.5 million.

 

Location: David’s plush apartment is located in New York, USA.

 

Accommodation: Spread over an area of 5,300 square feet, the billionaire’s plush apartment features five classy bedrooms and an equal number of bathrooms. The marvelous home features a beautifully adorned living room with supreme quality designer chairs, a large book shelf featuring different books and a separate dining space. The interiors dazzle with hanging ceiling lamps, table lamps and pure white and red color shades on the walls.

Aspen home

Aspen home

David’s plush home in Aspen is one of the most beautifully designed home’s owned by the billionaire and is estimated at $15 million

Location: The gorgeous house is positioned in Aspen, Colorado.

Accommodation: The beautiful house features fully furnished and spacious rooms. View of the road and surrounding vegetation from the home’s windows offers a pleasant experience. The interiors are majestically crafted with beautiful art works while the exteriors feature a simple yet attractive design.

David Koch Cause (3)

David Koch Theater

David Koch Theater

Originally named “New York State Theater”, David Koch Theater is a site for opera and ballet performance. The Executive Vice President of “Koch Industries” donated $100 million in July 2008, for the “New York State Theater’s” renovation which served as an operating and maintenance endowment, giving it the new name “David Koch Theater” in November 2008. The grand theater features a seating capacity of 2,586 people and includes marvelous restrooms, four big and one small balcony adorned with jewel-like lights; gold paneled ceiling with hefty spherical chandelier in the core, mechanical lifts and lobby area decorated with classic pieces of modern art. 

David Koch Foundation

David Koch Foundation

Founded by the energy magnate David Koch, the “David Koch Foundation” has made more than $750 million donation for cancer research, sustaining and promoting art and cultural institutions, development of medical centers, conducting public policy study and support of educational institutions. A prostate cancer survivor, David gifted $100 million to create the “David H. Koch Institute for Integrative Cancer Research” and $25 million each to the “M.D Anderson Cancer Center”, Houston and “The Hospital for Special Surgery”, New York.

The American business man made a $100 million donation to the “New York State Theater” at New York’s Lincoln Center. After his crucial financial gift for the theater’s renovation, the “New York State Theater” was renamed to “David H. Koch Theater”. David has also pledged to gift $60 million to the “Metropolitan Museum of Art” in New York for its up gradation. 

Donation to Museum

Donation to Museum

David Koch recently donated $35 million in order to renovate the dinosaur hall in the National Museum of Natural History. Koch accepted that his lifelong fascination with dinosaurs was one of the main reasons for the hefty donation. The business tycoon’s $35 million donation was recorded as the largest single donation in the 112-year history of Washington-based museum. Apart from this gift, till date Koch has also given $20 million to support the dinosaur exhibit in New York’s “American Museum of Natural History”. 

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