Did the Koch brothers inherit their money?

Koch has been co-owner, chairman, and chief executive officer of Koch Industries since 1967, while his late brother David Koch served as executive vice president. Charles and David each owned 42% of the conglomerate. The brothers inherited the business from their father, Fred C. Koch, then expanded the business.

What do the Koch brothers make?

The company owns subsidiaries that produce various goods such as resins, polymers, glass, oil pipelines, tissue paper, robotics, and more. Koch Industries controls some lesser-known companies as well, such as Matador Cattle Company, the Koch Chemical Technology Group, Koch Disruptive Technologies, and Koch Minerals.

Who is the richest family in the world?

For the fourth year in a row, the Waltons top the list of the world’s richest families with a net worth of $224.5 billion.

Who is richest man in the world?

Elon Musk, the co-founder and CEO of Tesla, is the richest person and the richest man in the world with a net worth of $203 billion. Behind Musk is the LVMH chair and CEO Bernard Arnault.