Billionaire and GOP Mega-Donor David Koch Dead at 79

NEW YORK, NY – SEPTEMBER 23:David Koch attends the Metropolitan Opera Season Opening Production Of “Eugene Onegin” at The Metropolitan Opera House on September 23, 2013 in New York City. (Photo by Jamie McCarthy/Getty Images)

by Joshua Caplan

David Koch, one of the United States’ richest men and a longtime political power player, has passed away at 79 years old.

“It is with a heavy heart that I announce the passing of my brother David,” Charles Koch, David’s brother, said in a statement on Friday. “Anyone who worked with David surely experienced his giant personality and passion for life. We can all be grateful that it did, because he was able to touch so many more lives as a result.”

The Koch brothers co-owned Koch Industries, an energy and chemical conglomerate, since 1983.

The Koch brothers assembled a vast political network of conservative donors and organizations in support of libertarian-leaning policies. They founded the small-government group Americans for Prosperity.

Last year, David Koch stepped away from overseeing the Koch organization and other political networks due to deteriorating health. In a company-wide memo, Charles Koch praised his brother for his guidance and loyalty, especially in our most troubled times, has been unwavering.” Read the rest HERE.

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