Wednesday, September 19, 2012

Forbes 400 Charles and David Koch Net Worth and Historical Net Worth 1984-Present




Today Forbes released their annual 400 list. Charles and David Koch of course were on that coming in at 4th with $31 billion each (was $25 billion in March). Brother William Koch stood at the same $4 billion level. This graph shows how much they are worth individually. In my original post I pointed out that the Koch brothers have taken on more risk which has explains why they have gotten wealthy so quickly. David and Charles Koch are the type of guys that work seven days a week and I am guessing run on little sleep. When Charles Koch started at Koch Industries he was working 7 days per week and David most likely is working at least 12 hours in the mid 1990's in this post.  Instead of people criticizing Charles and David Koch they should thank them for not only creating jobs, donating hundreds of millions to charity, and helping others understand how prosperity is created. Somehow I have a feeling market-based management at Koch Industries is working (which I talked about here) and increasing the standard of living for all Koch employees.

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