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Charles Koch

Person
Charles Koch
Gavin Peters / CC BY-SA 3.0 · resizedfile
Born
Staying private. Koch took over his father's refinery and engineering firm in 1967 and built Koch Industries into one of America's largest companies without ever listing it on a stock exchange, reinvesting most profits. Private ownership meant no public reporting and no outside shareholders to answer to. It also led to a long legal fight in the 1980s and 1990s in which two of his brothers were bought out and then sued over the price.
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