Charles G. Koch and his brother
David H. Koch, the billionaire co-owners
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
William I. Koch, is the owner of
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.
Charles Koch have used the enormous wealth
they have gained from
Koch Industries to finance right-wing
causes for decades.
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
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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