In a new Wall Street Journal article, the billionaire Charles Koch expressed regret about fostering partisanship. He told The Journal that his new mission is to work across party lines on issues he sees as key, citing the economy, criminal justice, and immigration as examples. The Journal reported that in […]
America’s 10 wealthiest people gave an average of 0.94% of their net worths to charity in 2018, according to a new analysis of the charitable contributions of America’s wealthiest people by UC Berkeley economist Gabriel Zucman. Of all the multibillionaires on this list, only Bill Gates, Warren Buffett, and Michael […]
The wealthiest people in America would be substantially less rich if the United States had a wealth tax, a study published by the Brookings Papers on Economic Activity shows. If a moderate wealth tax had been introduced in 1982,Jeff Bezos‘ fortune would be half what it was in 2018. Bill […]
Koch Industries confirmed Friday morning that 79-year-old David Koch, brother to 83-year-old Charles Koch, has died. The Koch family legacy includes the second-largest company in the US, Koch Industries, along with numerous political and policy institutions and billions of dollars spent toward advocacy, with an emphasis on conservative and libertarian […]
The billionaire entrepreneur David Koch died Friday at age 79. Together, he and his brother Charles are largely credited with fuelling the modern day conservative movement in the US. But over the last few years, their grip on power within the Republican Party appeared to falter as Donald Trump catapulted […]
The Koch Brothers fuelled a conservative crusade that profoundly reshaped American politics. They built an influential network of donors aligned with their libertarian ideals of free-markets and lower taxes. Charles Koch recently wrote he had misgivings about the partisanship he fostered in a new book. “Boy, did we screw up! […]
Charles and David Koch have been titans of industry and politics for decades. David, 79, has died, the family announced on Friday. The company their father founded, now known as Koch Industries, is the second-largest company in the US with an annual revenue of $US100 billion. Libertarians who favour small […]
David Koch is dead at 79, his family announced on Friday. The Koch brothers were two of the richest men in the world, with net worths of $US58.7 billion each, according to Bloomberg. Their fortunes came from their 42% stakes in the Koch family business, Koch Industries. Some of the […]
President Donald Trump slammed billionaire GOP mega donor Charles Koch for expressing concern for foreign workers hurt by Trump’s trade war. Koch said Trump’s policies hurt foreign workers, and Trump agreed, saying he put “AMERICA FIRST.” Trump’s latest attack on Koch plays off his previous one, in which he called […]
Billionaire Charles Koch, whose network has long supported libertarian causes, said he’s open to backing Democratic candidates if they align with his platform. Top donors in the Koch network gathered in Colorado Springs this past weekend. In a rebuke of President Donald Trump and the Republican Party, Koch network co-chair […]
Billionaire conservative donors Charles and...
The mega-billionaire Koch brothers, Charles and...
Billionaire Charles Koch, one of the biggest...
You win some, you lose some.
Early last week, after Senate Majority Leader...