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This article is the result of our research for the American Single Family Office database. It features a list of the most significant U.S. family investment vehicles, which focus on sectors such as financial markets, real estate, venture capital, private equity, and renewable energy.
Where does Julia Koch’s wealth come from?
As of February 2024, Forbes lists Koch as the 23th richest person in the world thanks to the fortune she inherited from her late partner, David Koch. David Koch was one of the heirs of Koch Industries, one of the largest privately held companies in the United States. Founded by David’s father, Fred Koch, Koch Industries got involved in a wide range of industries including oil refining, chemicals, energy, commodities trading and manufacturing.
Julia Koch`s wealth maily comes from the companys success. Previously worked in the fashion industry as an assistant to Adolfo in New York during the 1980s. In 2024 she has an estimated net worth of $64.3 B.
Is there a Julia Koch Family Office
No, there is no Julia Koch Family Office, but she is president of the David H. Koch Foundation and sits on the board of Koch Industries, but there is no dedicated family office. The Koch family foundations were established by Charles and David Koch, the sons of Fred, the owner of Koch Industries. The David H. Koch Foundation was established to support science and medical research, and has given away nearly $200 million to date. In addition to the foundation, Julia and her late husband donated $10 million to Mount Sinai Medical Center and another $10 million to Stanford Children’s Hospital. Julia has several other philanthropic investments, including donations to Lincoln Center, the Metropolitan Museum of Art and the Smithsonian Museum of Natural History. Koch has also served on the board of the School of American Ballet.
Picture source: Hush Naidoo Jade
Last Updated on October 8, 2024
