Billionaire David Koch to retire from Koch Industries: CNBC

David Koch, along with his brother Charles, owns the second largest private U.S. company, whose operations range from refining and chemicals to ranching and forest products. The brothers are known to spend heavily on conservative initiatives and to oppose government intervention in business.

1 min read

Published 6 June 2018 12:08am

Source: Reuters

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David Koch will become director emeritus of Koch Industries, CNBC said https://www.cnbc.com/2018/06/05/billionaire-david-koch-to-retire-from-koch-industries-political-group.html.

The company was not immediately available for comment.

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(Reporting By Aparajita Saxena in Bengaluru; Editing by Saumyadeb Chakrabarty)

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Billionaire David Koch to retire from Koch Industries: CNBC

David Koch, along with his brother Charles, owns the second largest private U.S. company, whose operations range from refining and chemicals to ranching and forest products. The brothers are known to spend heavily on conservative initiatives and to oppose government intervention in business.

News that makes sense

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