Why Is Koch Important

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In the modern world, it is very important to earn some money for fulfilling one’s basic needs. People involve in themselves in various occupations to earn their living wages. We also see a lot of people who get into entrepreneurship or any other business so as to work independently. And, only few with utter dedication and determination turn their business into a huge one, not only earning their income, but also employing thousands of people. Their success stories are truly inspirational. But what fascinates more than the worth of their assets is the charity they do.

Here we enlist the Top 10 richest people in the world 2018 as given by the Forbes Magazine,

with a slight glance on their business and other holdings:

10. David Koch:

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He is the Alma meter of Massachusetts Institute of Technology and is currently the executive vice-president of Koch industries. He is the founder of Citizens for a Sound Economy. He and Charles Koch have donated to political campaigns of Republican. He is recognized for his philanthropy to cultural and medical institutions and support to conservative causes. His net worth is estimated to be US$48 billion.

9. Charles Koch:

Richest People in the World
Charles De Ganahl Koch is an American business tycoon and philanthropist. He is the co-owner, chairman and CEO of Koch industries. The conglomerate originally involved in oil refining and chemicals but now have polymers and fibre, minerals, fertilizers, ranching and pollution control equipment. Koch Industries is the second largest privately owned conglomerate by revenue in the US. His net worth is estimated to be US$48 billion derived from his 42% stakes in Koch Industries.

8. Michael Bloomberg:

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He is the chairman, CEO and the major shareholder of Berkshire Hathaway. He is said to be one of the most successful investors in the world. He is referred to as the Sage of Omaha or Oracle of Omaha for his personal frugality despite his immense wealth. He gives away 99 per cent of his assets to philanthropic causes, chiefly via Gates Foundation. He was named as one of the world’s most influential people in 2012 by Time. Warren Buffet net worth currently stands at US$73 billion.

3. Amancio Ortega:

Richest People in the World
Born in Busdongo de Arbas, Leon, Spain, Ortego is a Spanish business tycoon. He is the co-founder and the chairman of the Inditex Group. The group brings the chain of Zara clothing and accessories retail shops. He is the board member of Inditex and Daez Groups. He is currently the second richest man in the world, with net worth of about US$76 billion.

2. Bill Gates:

Richest People in the

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