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Billionaire David Koch Passes Away At 79

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Billionaire David Koch Passes Away At 79

Billionaire David Koch Passes Away At 79

David Koch, the billionaire co-owner of Koch Industries has unfortunately passed away at the age of 79.

The news was announced Friday morning by his older brother, Charles:

“It is with a heavy heart that I announce the passing of my brother David. Anyone who worked with David surely experienced his giant personality and passion for life,” Charles said in a statement.”

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The death of the billionaire conservative icon, who stepped down from his role as executive vice president of the family’s company last year, was diagnosed with advanced prostate cancer 27 years ago and was given just a few years to live. However, he beat those odds.

Charles shared that David’s health started to decline last year which had sadden him. However, David always shared how grateful he was to live such a life.

“David liked to say that a combination of brilliant doctors, state-of-the-art medications and his own stubbornness kept the cancer at bay,” Charles’ statement continued. “We can all be grateful that it did, because he was able to touch so many more lives as a result.” He added, “David has always been a fighter and is dealing with this challenge in the same way,” the letter said.

David, who had a net worth of $42.9 billion, according to Forbes, is survived by his wife Julia Flesher and their three children.

They wrote a separate statement, saying,

“While we mourn the loss of our hero, we remember his iconic laughter, insatiable curiosity, and gentle heart,” the statement said. “His stories of childhood adventures enlivened our family dinners; his endless knowledge rendered him our ‘walking Google.’ His sensitive heart had him shed a tear at the beauty of his daughter’s ballet, and beam with pride when his son beat him at chess. We will miss the fifth link in our family.”

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