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Forbes: Koch Brothers Now Worth $50 Billion

Thursday, September 22, 2011 By Brad Johnson, ThinkProgress | Report
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Forbes estimates that Tea Party petrochemical scions Charles and David Koch have a fortune of $25 billion each, making them the fourth richest Americans, behind only Bill Gates, Warren Buffet, and Larry Ellison. Their combined wealth of $50 billion is exceeded only by the Microsoft founder’s $59 billion fortune. Buoyed by aggressive speculative trading on volatile energy markets, the Koch brothers accumulated $15 billion in wealth since March 2010, a 43 percent increase.

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Forbes: Koch Brothers Now Worth $50 Billion

Thursday, September 22, 2011 By Brad Johnson, ThinkProgress | Report
  • font size decrease font size decrease font size increase font size increase font size
  • Print

Forbes estimates that Tea Party petrochemical scions Charles and David Koch have a fortune of $25 billion each, making them the fourth richest Americans, behind only Bill Gates, Warren Buffet, and Larry Ellison. Their combined wealth of $50 billion is exceeded only by the Microsoft founder’s $59 billion fortune. Buoyed by aggressive speculative trading on volatile energy markets, the Koch brothers accumulated $15 billion in wealth since March 2010, a 43 percent increase.

Click here to view larger.


Hide Comments

blog comments powered by Disqus