David Koch, billionaire and conservative activist, dies at 79

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David Koch, billionaire and conservative activist, dies at 79
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BREAKING: David Koch, the billionaire conservative activist and philanthropist, dies at 79

David Koch, billionaire conservative activist and philanthropist, has died. He was 79.

“It is with a heavy heart that I announce the passing of my brother David," Charles Koch said in a statement Friday."Anyone who worked with David surely experienced his giant personality and passion for life." David and Charles co-owned Koch Industries, a Kansas-based energy and chemical company, since 1983. DavidThe brothers tied as 11th richest in the world in a ranking by Forbes.

With the billions from their business, the Koch brothers helped to build a massive conservative network of donors for organizations that work to mobilize voters and sway elected officials in support of libertarian-leaning economic policies. The network, led by the nonprofit Americans for Prosperity, has spent more than $1 billion over the past several elections to support candidates that adhere to their free-market, small government libertarian ideals.launched a multimillion dollar campaignDavid Koch, a prostate cancer survivor, also donated hundreds of millions of dollars to medical research.

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