August 23, 2019

David Koch dies

Washington Post -David H. Koch, a billionaire industrialist and philanthropist whose fortune and hard-edge libertarianism had a profound effect on American politics while making him an uncommonly polarizing figure, has died. He was 79.

Mr. Koch, who had suffered from prostate cancer for many years, announced in 2018 that he was stepping down from his positions at Koch Industries and the Koch political and philanthropic networks.

He and an older brother, Charles, transformed the Wichita-based family company, which they had taken over from their father Fred in the 1960s, into a global conglomerate with interests in everything from petroleum and ranching to a wide variety of consumer products, such as Dixie cups and Stainmaster carpeting.

--- It was through a network of well-financed advocacy groups that the Koch brothers achieved their greatest distinction, spreading an uncompromising anti-government gospel that moved the Republican Party steadily to the right.

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