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David H. Koch had studied at Deerfield Academy and then he attended the BS Chemical Engineering, Massachusetts Institute of Technology (in 1962). David H. dated Julia Margaret Flesher (wife). Famous Why : Conservative philanthropist. With brother Charles (see), two sons of Koch Industries founder Fred C. Koch (d. 1967), MIT grad who invented method of refining gasoline from heavy oil. Dad took technology to Soviet Union, became disillusioned with Stalin; eventually returned to U.S. Sons Frederick, Charles, David and William inherited Koch Industries after father's death. Charles became chairman, expanded into chemicals, pipelines, asphalt, ranching, commodities trading. Added lumber, paper with $21 billion purchase of Georgia-Pacific last November; now nation's largest privately held company. Sales: $90 billion. Duo bought out brothers William and Frederick for $1.1 billion in 1983; long-running fraternal feud over deal settled 2001. Charles a founder of conservative think tank Cato Institute. David Hamilton Koch (pronounced koak}, born March 5, 1940) is an American billionaire businessman. He is one of the co-owners (with older brother Charles) and an executive vice president of Koch Industries, a conglomerate with major oil and gas holdings that is the largest privately held company in the United States.[1] He lives in New York City and is that city's second wealthiest resident.[2] David Koch was the Libertarian Party's Vice-Presidential candidate in the 1980 U.S. presidential election, sharing the party ticket with Ed Clark. The Clark-Koch ticket received just under one million popular votes and remains the most successful Libertarian presidential campaign to date. David Koch currently serves on the board of directors of the libertarian Cato Institute and the Reason Foundation. His brother Charles Koch has also been active in organizing and funding foundations and think-tanks such as the Cato Institute. David Koch is one of four sons of oil industry innovator Fred C. Koch. He attended Deerfield Academy and then the Massachusetts Institute of Technology (MIT). David received both bachelor's and master's degrees in chemical engineering in 1962 and 1963 respectively.
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