Koch Invested $127.5 Million in Building Right-Wing Infrastructure in 2018 - 2019-11-19

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F0.png Koch Invested $127.5 Million in Building Right-Wing Infrastructure in 2018 November 19, 2019, David Armiak, PRWatch

Charles Koch, the CEO of Koch Industries with an estimated net worth of $43.1 billion, distributed over $127.5 million in 2018 through his personal foundation to support right-wing infrastructure and the so-called "talent pipeline" needed to staff it, IRS filings obtained and examined by the Center for Media and Democracy (CMD) show.

The Charles Koch Foundation (CKF) pulled in over $168 million in revenue in 2018, bringing its total assets to over $765 million. Charles Koch contributed $50 million himself to the foundation that year, the filings detail.

Universities and Colleges Receive $84.4 Million

Wikipedia cite:
{{cite news | first = David | last = Armiak | title = Koch Invested $127.5 Million in Building Right-Wing Infrastructure in 2018 | url = https://www.prwatch.org/news/2019/11/13507/koch-invested-1275-million-building-right-wing-infrastructure-2018 | work = PRWatch | date = November 19, 2019 | accessdate = September 6, 2020 }}