Billionaire David Koch Has Died At 79

Billionaire industrialist David Koch, a major backer of conservative causes and political candidates, has died.

Koch was a driving force behind the conglomerate "Koch Industries " and was one of the world’s richest people.

Charles Koch, David's brother and Koch Industries Inc’s chairman, confirmed the death in a statement.

According to Reuters, Koch had fought a lengthy battle with prostate cancer and stepped down from the company in 2018.

Koch amassed his vast wealth with an ownership stake in Koch Industries, the Kansas-based company he ran with Charles.

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