Bill Koch
apparently keeps himself in the news. On Friday November 9, 2012 Inside Edition
aired a story that actually featured Koch discussing counterfeit wine as I
mentioned in this
post. Koch told Inside
Edition that he has spent over $4.6 million on fake wine. Even Koch admits that
there will not be much sympathy for a billionaire.
In other
news Bill Koch has also contributed $500,000 for a sailing exhibition at San
Diego Halls of Champions in San Diego (it has been around 20 years since this happened). The exhibition will be available to the
public. I have actually started a book about Bill Koch called “To
The Third Power”. I have started the book and learned even more about Bill
Koch then I did before. For instance Bill Koch graduated in the top 10% at
M.I.T.. The book is really about how Koch guided his team to win the American
Cup in 1992. I would point out that it was not a cheap one but it seems so far
there are some lessons to be learned from a management perspective. I continue
to learn more about Bill Koch and find him a very interesting character.
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