Who are the Koch Brothers?

 
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Koch Brothers refers to Charles G. Koch and his brother David H. Koch, the billionaire co-owners of Koch Industries. They run the Koch Family Foundations, one of the largest single sources of funding for conservative organizations in the United States, and the money behind Citizens for a Sound Economy, which in July 2004, CSE was merged into FreedomWorks. They also back the group Americans for Prosperity. David's twin brother, William I. Koch, is the owner of Oxbow Energy.

The 2011 Center for American Progress Report "The Koch Brothers: What You Need to Know About the Financiers of the Radical Right" noted that the Koch brothers' combined wealth is the fourth highest in the nation, with operations in 45 states.

Koch Connection

The Koch Brothers are the conservative billionaire co-owners of Koch Industries. As two of the richest people in the world, they are key funders of the right-wing infrastructure, including the American Legislative Exchange Council (ALEC) and the State Policy Network (SPN). In SourceWatch, key articles on the Kochs include: Koch Brothers, Koch Industries, Americans for Prosperity, American Encore, and Freedom Partners.

Political Activities

David and Charles Koch have used the enormous wealth they have gained from Koch Industries to finance right-wing causes for decades.

Through their Americans for Prosperity group, the Koch brothers plan to spend $125 million on the 2014 midterm elections, which according to Politico "would be unprecedented for a private political group in a midterm, and would likely rival even the spending of the Republican and Democratic parties’ congressional campaign arms." Another group, Freedom Partners, which gave $236 million to conservative groups in 2012, plans to be more directly involved in campaigning this election cycle, having already spent $2 million on ads in April 2014.

Using a complex system of nonprofit groups and LLCs to mask their involvement, their network spent at least $400 million in support of Republican candidates during the 2012 election cycle.

In 1980, David Koch was the Libertarian candidate for Vice President of the United States and spent $500,000 of his own money on his campaign.

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