Charles Koch is an influential American businessman that was born and raised in Wichita, Kansas. He heads on of the largest privately owned companies in the United States, the Koch Industries. The Koch Industries was established in 1940 by his father, Fred Koch. Charles and David Koch inherited the business from their father. Charles is the one that has had an immense influence in running the company that has managed to get it to where it is today. Charles Koch has three brothers. He is the one that stood out from the rest from a very young age as he as brilliant and hardworking. Just like his father, he went to study general engineering from the Massachusetts Institute of Technology (MIT). He specialized by studying master’s degrees in chemical and mechanical engineering.
After finishing his studies, he got a job at Arthur D. Little Inc. where he stayed for some time before joining his father’s company, which at the time was named Rock Island Oil and Refining Company. After he had become the president of the company, he decided to honor his father by renaming the business after his name, therefore, became Koch Industries. Besides the Koch Industries, that he co-owns with his younger brother, he also has an interest in politics. Together with his brother, they have sponsored several political activities and candidates financially. Charles is a philanthropist and has donated millions of dollars to various groups mainly involved in policy formulation, research, and educational projects.
Koch leads a quiet private life despite the amount of wealth he has amassed over the years and being the CEO of one of the largest companies in the United States. ABC News visited him at his office at the Koch Industries headquarters in Wichita, Kansas. They had a rare opportunity to get to know more about his personal life and story. Besides, he also talked about some of the values that have helped him become successful in running the business and participating in political activities.
One of the things that stand out in his office is the letter his father wrote to him. The letter is framed, and Charles Koch took some time to reflect on some of the things that his father outlined in the letter on how they should run the family fortune. He admits that some things on the letter have helped him in running the business.
This article recapped http://abcnews.go.com/Politics/charles-koch-shares-letter-guides-life/story?id=38763293