New York
David H. Koch, executive vice president of Koch Industries Inc. and a long-time philanthropist, has died at age 79. His older brother, Charles, the death on Friday, saying, “It is with a heavy heart that I now must inform you of David’s death.” Koch amassed his vast wealth with a large ownership stake in Koch Industries, the Wichita, Kansas-based company he ran with Charles. With Charles as chairman and chief executive and David as executive vice president, Koch Industries — one of the world’s largest privately held businesses — aggressively expanded beyond the oil refining business their father created into an array of new ventures. David Koch stepped down from the business and political activities in June 2018, citing declining health. —AFP
