Bill Koch | |
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Born |
William Ingraham Koch May 3, 1940 |
Nationality | American |
Education | Culver Academies |
Net worth | US$2 billion (December 2015) |
Spouse(s) | Joan Granlund (divorced) Bridget Rooney (m. 2005) |
Children | 1 |
Parent(s) |
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Relatives |
Siblings:
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William Ingraham Koch (/ˈkoʊk/; born May 3, 1940) is an American businessman, sailor, and collector. His boat was the winner of the America's Cup in 1992. Forbes estimated Koch's net worth at $4 billion in 2012 from oil and other investments.
Koch is the son of Mary Clementine (née Robinson) and Fred C. Koch, founder of Koch Industries, a business empire based on oil refining. His paternal grandfather, Harry Koch, was a Dutch immigrant, who founded the Quanah Tribune-Chief newspaper and was a founding shareholder of Quanah, Acme and Pacific Railway. Among his maternal great-great-grandparents were William Ingraham Kip, an Episcopalian bishop, William Burnet Kinney, a politician, and Elizabeth Clementine Stedman, a writer.
Koch attended Culver Academies in Culver, Indiana. He graduated with bachelor's, master's, and doctoral degrees in chemical engineering, all from Massachusetts Institute of Technology.David Koch is his twin brother. Other brothers are Frederick R. Koch (1933) and Charles Koch (1935).
Koch worked in his family's company. He and his eldest brother Frederick R. Koch had inherited Koch Industries stock. In 1983 the stock netted them $800 million in a sale to their brothers, Charles and David.