Meet The $122 Billion Shadow Family

3% Deposit Bonus - Lock In 7.02% Yield

You may have heard about the Koch brothers here and there for their political lobbying efforts and their strong conservative views regarding social security, minimum wage, and taxes. But, who exactly is the Koch family and how did they even make their money. Today, the richest Koch heirs are worth a combined $120 billion which makes them the richest private business owners in the world. It all started with Fred Koch back in 1900. Fred Koch was an intelligent engineer who figured a clever way for small oil refineries to produce oil products at competitive prices to industry giants. At first, this got him a lot of negative attention from the big players and Fred had to grow his business internationally first. But eventually, Fred was able to bring his business back to America and grow Koch Industries into a thriving business. He left his business to his four children and it didn’t take long for them to start fighting about the future of the company. This led to one of the biggest family feuds and fallouts in history which permanently split the family into two. Today, the two brothers that have retained control of the company include David and Charles Koch. Bill and Fred Jr. Koch no longer own parts of the family business, but they’re also doing quite well. This video explains the story of the Koch family and how the Koch family became the world’s richest private family business.

Earn Interest From The Government & Top Corporations:
(iOS App for US Residents)

Free Weekly Newsletter With Insiders:

Socials:

Discord Community:

Timestamps:
0:00 - The Koch Family
0:41 - Crushed By Litigation
2:39 - Working With Stalin & Germany
4:28 - Finding A Heir
6:50 - The Fallout
9:08 - The Aftermath

Thumbnail Credits:
Hans

Resources:

Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.

[cristianmartinez]

Imagine building a company that will be worth billions and your sons don't want it.

[djangogeek]

Ironic how Fred Sr. had a harder time starting his business in the US than he did under the Soviets and the Nazis.

[exoticbutters]

That usually happens. People buy out of an investment and then regret it when they realize they could've made a lot more if they had stayed. This happens far too often, but suing over it is just petty. You took the money and run, so go away and enjoy your money.

[kylewilliams]

I know about David and Charles but I didn't know about the others and the back story. Nice Hari 🔥🔥

[TheOneAboveAllx]

The last part seems to be straight out of HBO's "succession" series!😂

[EZYash]

Never knew about them. Thank you hari for great information. Keep it up 👍

[akash]

If Bill had stayed in the game for a long time, he would have been the richest Bill atleast for few years in the history!! anyways fate loves irony 🤪

[featuresnobodyaskedfor]

I feel like the "shadow" description doesnt really matches them, they are on forbes after all despite the fact their company is private

[lynsiemae]

Most economists expect the unemployment rate - which counts how many people are able to work and want a job, but can't find one - to rise this year.

[hashimawan]

Saudi Aramco is worth 2 Trillion Dollars and Officially the Saudi King owns everything in the Country hence the Saudi King is the Richest Human on earth and I am not kidding

[KLGnation]

When you said he worked as a money printing apprentice then went to America and purchased a paper I can’t help but think he did something illegal like where was the money from lol

[jonathanbrotto]

In Canada dynastic wealth is more normal but not quite the scale of America .

[J_Clean_]

Imagine going through a trial where the judge is clearly corrupt.

[MrJedeane]

After he did deals with Stalin and hitler it wasn't that hard to do business in America. HA

[Ian-perj]

Don’t forget about the Cargill family as well. Cargill is still a private company and worth billions.

[roggerhenry]

Success is not final; failure is not fatal: it is the courage to continue that counts."

[sasakaba]

Nice one. Next time please do a short video of the *Reliance industries* - another yet similar family business, that happens to be one of the world's largest family owned businesses and it too had experienced a complicated history of brother fallouts.

[christopherrosean]

"A scheduling issue saved him from the accident..." Yeah, it be like that when you're rich

[sriniwasghate]

You must also do an episode about the Cargill/Macmillan family.

[kzsposeidon]

Read a book about them, think it was called Kochland.
Was really interesting