Charles Koch

In a significant blow to Nikki Haley’s presidential campaign, the influential conservative organization Americans For Prosperity Action (AFP Action) has decided to cease funding her bid for the Republican nomination. What Happened: AFP Action, a group closely associated with the Koch network...

In a significant boost to her presidential campaign, Nikki Haley, the Republican Presidential candidate, has secured the crucial backing of the influential political network of billionaire Charles Koch, setting the stage for a robust contest against former President Donald Trump. What Happened: The...

The Forbes 400 list of the richest people in America is out and has several people leaving the list and newcomers such as Michael Jordan making their first appearance. This year’s list includes 400 people from 40 states with 240 living in four states. California leads the way with 87 of...

Donald Trump called out conservative mega donor Charles Koch a “very stupid, awkward, and highly overrated globalist” in a post on the Truth Social platform this week. His tirade against chairman and CEO of Koch Industries, second biggest private company, came against the backdrop of...

Former President Donald Trump has dominated a battle of more than 10 candidates fighting for the GOP nomination in the 2024 presidential election. A political action committee founded by billionaires is launching ads to take on Trump and encouraging voters to pick a different Republican...

The stock market saw a decline in 2022 with the S&P 500, which is tracked by the SPDR S&P 500 ETF Trust (NYSE: SPY), falling 19.2%. This decline marked the worst performance for the S&P 500 since 2008 and sent the wealth of the richest people in the world down. With stocks...

A top political action committee has raised a substantial amount of money to use in the Republican primary ahead of the 2024 presidential election. What Happened: Americans for Prosperity Action is a political action committee that was founded by brothers Charles Koch and David Koch, the majority...

An influential network backed by billionaire Charles Koch is looking to convince conservatives to move past Donald Trump as a presidential candidate for 2024 and "turn the page on the past several years." What Happened: Americans for Prosperity, the group backed...

Elon Musk’s idea for a high-speed rail — dubbed the “hyperloop” for its speed and tube-like shape — is “super interesting,” according to U.S. Transportation Secretary Pete Buttigieg. Just don't expect the government to fund it, he added. Buttigieg...

The S&P 500 posted its worst first half to a year since 1970. The sharp declines for many publicly traded companies sent the net worth of the world’s richest billionaires down to start the year. Here’s how much wealth the top 10 richest people lost. What Happened: The 500 richest...

Billionaire philanthropist, industrialist and conservative icon David Koch has died at 79.  His death Thursday followed a period of declining health and was announced by his brother Charles. David had battled prostate cancer for two decades. The Koch brothers put hundreds of millions of...

Time Inc (NYSE: TIME) traded up 27 percent Thursday after Charles and David Koch were revealed as the backers of Meredith Corporation (NYSE: MDP)’s takeover bid. The Koch brothers agreed to back Meredith’s purchase with more than $500 million, according to the New York Times ...

Although the Libertarian Party never seems to climb out of the single digits in the polls, libertarians have a surprising influence in the business world and are well represented in a variety of sectors. Believe it or not, there's much more to libertarians besides Ayn Rand and Ron Paul....