Charles Koch is the chairman of the board, Chief Executive Officer, and co-owner of Koch Industries. His brother, David H. Koch is the Executive Vice President of this company. Their father, Fred C. Koch, left this company to his two sons in his will. He has a net worth of $41.8 billion.
When their father was the president of this company, it was exclusively vested in oil refining. Once the two brothers took it over, they expanded it to include pollution control equipment and technologies, fertilizers, commodity trading, minerals, ranching, and forest and consumer products. Koch Industries produces well-known brands, such as Dixie Cup, Quilted Northern Tissue, Lycra brand of spandex fiber, and Stainmaster.
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