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Encyclopedia > Bill Koch (businessman)

William Ingraham Koch (born May 3, 1940) is a wealthy American businessman, sailor, and collector. His boat was the winner of the America's Cup in 1992. May 3 is the 123rd day of the year in the Gregorian calendar (124th in leap years). ... 1940 (MCMXL) was a leap year starting on Monday (the link is to a full 1940 calendar). ... The Americas Cup trophy The Americas Cup is the most famous and most prestigious regatta in the sport of sailing, and the oldest active trophy in international sport, predating the FA Cup by two decades and the Modern Olympics by 45 years. ... 1992 (MCMXCII) was a leap year starting on Wednesday. ...

Contents

Business career

William Ingraham Koch is the son of Fred C. Koch, founder of Koch Industries, a business empire based on oil refining that became the largest privately owned company in America. Bill worked in the company but eventually sold his share to his brothers, Charles and David, after a long legal battle.[1] Fred C. Koch born Quanah, Texas (1900-1967) was the father of both David and Charles Koch. ... Koch Industries, Inc. ... Charles G. Koch (November 1, 1935– ) is chairman of the board and chief executive officer of Koch Industries, Inc. ... David Hamilton Koch (born 1940) was the Libertarian Partys Vice-Presidential candidate in the 1980 U.S. presidential election, sharing the party ticket with Ed Clark. ...


Various legal disputes between the brothers lasted some two decades. Bill and another brother, Frederick, sided with J. Howard Marshall III, J. Howard Marshall II's eldest son, against Charles and David at one point, in order to take over the company. In 2001, Bill Koch reached a settlement in a case where he had charged the company was taking oil from federal and Indian land. This settlement, whose terms were not disclosed, ended all litigation between the brothers.[2] J. Howard Marshall James Howard Marshall II (January 24, 1905 – August 4, 1995) was a wealthy American oil business executive. ...


An engineer by training, Koch graduated from MIT. After leaving Koch Industries, he became the founder and president of the Oxbow Group, based in West Palm Beach, Florida. Oxbow is a holding company focused on energy development, including alternative energy sources.[3] Koch was also an investor in the ill-fated Kendall Square Research. The Massachusetts Institute of Technology (MIT) is a private, coeducational research university located in Cambridge, Massachusetts. ... Nickname: WPB, West Palm, The 561, Dub City Location in Palm Beach County and the state of Florida. ... Kendall Square Research (KSR) was a supercomputer company headquartered originally in Kendall Square in Cambridge, Massachusetts in 1986, near MIT. It was co-founded by Henry Burkhardt III who had previously helped found Data General and Encore Computer and was one of the original team that designed the PDP-8...


Koch also co-chairs the Alliance to Protect Nantucket Sound, a group formed to fight the Cape Wind project to build an offshore wind farm of 130 turbines. He became involved because of owning a home in Osterville, Massachusetts. In 2005, Koch contributed $500,000 in donations to the Alliance directly and more than $1 million toward lobbyist efforts to defeat the project.[4] [5] // About The Alliance is a 501(c)(3) nonprofit environmental organization dedicated to the long-term preservation of Nantucket Sound. ... Offshore wind farm near Copenhagen, Denmark. ... Wind turbines in Neuenkirchen, Dithmarschen (Germany). ... Osterville is a village in the city of Barnstable, Massachusetts. ...


America's Cup

Koch won the America's Cup in 1992 with the ship America³, defeating an Italian team four races to one. Its overall record including trials was 28-10. Koch reportedly spent around $65 million on his effort and though an amateur, sailed on the crew himself, assisted by veteran sailors like Buddy Melges.[6] Cubed) is a racing syndicate that vied for the Americas Cup in 1992 and 1995. ... Harry Buddy Melges, Jr. ...


In 1995, he financed another team to compete for the cup. This time the crew consisted entirely of women except for tactician David Dellenbaugh, on a yacht named Mighty Mary. However, the boat lost to Dennis Conner's Stars & Stripes in the trials.[7] Dennis Walter Conner (born December 16, 1942) is an American yachtsman who has participated in the Americas Cup nine times. ... 1988 Stars & Stripes and KZ1 1988 Stars & Stripes at her dock in San Diego Stars & Stripes is the name of a series of racing yachts operated by Dennis Conner to compete in the Americas Cup. ...


Koch's collections

Koch is an avid collector of art and wine, and especially of maritime memorabilia. His collection includes model ships, antique nautical instruments, and paintings of ships and seascapes.[3] A 2005 show at the Museum of Fine Arts in Boston featured his various collections, including both the America³ and the ship it defeated, Il Moro di Venezia, displayed on the front lawn. (Koch had bought Il Moro after the competition.) The show was also criticized, however, for glamorizing Koch at the expense of the museum's educational function. Koch had helped finance the show, including paying the cost to move the boats from Rhode Island.[8] Paul Gauguin, Where Do We Come From? What Are We? Where Are We Going? (Doù venons-nous? Que faisons-nous? Où allons-nous?) (1897). ... The Il Moro di Venezia was the Italian Americas Cup Contender in 1992. ...


The boats were in Rhode Island because Koch had placed them with a small maritime museum there. Despite the considerable expense of building them, he said "they have absolutely no value" once their racing life is over.[9] Koch, a native of Wichita, Kansas, donated the ship he used in qualifying for the America's Cup races, The Jayhawk, to the Wichita Boathouse. He also supplied money for the city to use in repairing the yacht.[10] Nickname: Air Capital Location in the state of Kansas County Sedgwick  - Mayor Carlos Mayans Area    - City 359. ...


Personal life

Koch’s personal life has also received public attention. In 1995, he filed a lawsuit against his former lover, Catherine de Castelbajac, to evict her from his $2.5 million condominium at the Four Seasons Hotel in Boston. He said he had allowed her to move in the previous year so she could attend Simmons College, as he seldom used the apartment. In 1994 Koch married Joan Granlund, with whom he had a nine-year-old son. When he tried to end the relationship, de Castelbajac refused to move out and claimed he had broken his promises to her. A jury ruled in Koch's favor after a trial noted for its disclosure of torrid letters and faxes between the two.[11]. Catherine de Castelbajac (born Katherine Lee Chambers in Santa Barbara, California) is a fashion journalist and former model. ... Four Seasons The Four Seasons Hotel TSX: FSH.SV NYSE: FS chain consists of many hotels and resorts aimed at the top of the hotel market, as well as the wealthy. ... Simmons College is a liberal arts womens college in Boston, Massachusetts. ...


A complaint by Koch's subsequent wife, Angela, led to his arrest in 2000 based on allegations of domestic violence.[1] The charge was dropped after Angela refused to testify, and the couple later divorced.[12] Koch's third marriage in 2005 was to Bridget Rooney, granddaughter of Pittsburgh Steelers founder Art Rooney. By this time, Koch had fully reconciled with his brother David, who served as best man.[13] City Pittsburgh, Pennsylvania Team colors Black and Gold Head Coach Mike Tomlin Owner Dan Rooney General manager Kevin Colbert League/Conference affiliations National Football League (1993–present) Eastern Division (1933–1943; 1945–1949) Western Division (1944) American Conference (1950–1952) Eastern Conference (1953–1969) Century Division (1967–1969) American Football... Arthur Joseph Rooney, Sr. ...


References

  1. ^ a b "Kock’s wife granted order of restraint". Pittsburg (KS) Morning Sun, July 21, 2000.
  2. ^ "Judge Clears Koch Brothers' Settlement Pact". Wall Street Journal, May 29, 2001
  3. ^ a b Schwan, Gary. "A taste of what floats collector Koch’s boat". Palm Beach Post, March 13, 2006.
  4. ^ Dennehy, Kevin and David Schoetz. "State could decide fate of wind farm". Cape Cod Times, April 1, 2006.
  5. ^ Brooks, Walter. "Osterville billionaire oil man behind stealth move to stop the wind farm". Cape Cod Today, March 16, 2006.
  6. ^ Roberts, Rich. "America 3 Win No Bargain Sail Yachting: But after beating Il Moro, 4-1, Koch says the $65 million he spent to win the America's Cup is worth it." Los Angeles Times, May 17, 1992.
  7. ^ Phillips, Angus. "Mighty Mary's Fate Is Left on the Wind". Washington Post, April 28, 1995.
  8. ^ Edgers, Geoff. "Furor ahoy: MFA exhibit of Koch's collections stirs questions over choices, motives". Boston Globe, August 30, 2005.
  9. ^ Walker, Sam. "On Sports: Sailing's Edsels". Wall Street Journal, February 14, 2003.
  10. ^ Voorhis, Dan. "Jayhawk needs $150,000 overhaul". Wichita Eagle, March 18, 2006.
  11. ^ Mehren, Elizabeth. "A Steamy Romance Gets Frosty in Court". Los Angeles Times, November 28, 1995
  12. ^ "Assault charge against Koch dropped". USA Today, January 14, 2001.
  13. ^ Lambiet, Jose. "28-story mast to be visible for miles". Palm Beach Post, February 20, 2005

July 21 is the 202nd day (203rd in leap years) of the year in the Gregorian Calendar, with 163 days remaining. ... 2000 (MM) was a leap year starting on Saturday of the Gregorian calendar. ... May 29 is the 149th day of the year in the Gregorian calendar (150th in leap years). ... 2001 (MMI) was a common year starting on Monday of the Gregorian calendar. ... March 13 is the 72nd day of the year in the Gregorian calendar (73rd in leap years). ... For the Manfred Mann album, see 2006 (album). ... April 1 is the 91st day of the year (92nd in leap years) in the Gregorian calendar, with 274 days remaining. ... For the Manfred Mann album, see 2006 (album). ... March 16 is the 75th day of the year in the Gregorian Calendar (76th in leap years). ... For the Manfred Mann album, see 2006 (album). ... May 17 is the 137th day of the year in the Gregorian Calendar (138th in leap years). ... 1992 (MCMXCII) was a leap year starting on Wednesday. ... April 28 is the 118th day of the year (119th in leap years) in the Gregorian Calendar, with 247 days remaining. ... 1995 (MCMXCV) was a common year starting on Sunday of the Gregorian calendar. ... August 30 is the 242nd day of the year in the Gregorian Calendar (243rd in leap years), with 123 days remaining. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... February 14 is the 45th day of the year in the Gregorian calendar. ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... March 18 is the 77th day of the year in the Gregorian calendar (78th in leap years). ... For the Manfred Mann album, see 2006 (album). ... November 28 is the 332nd day (333rd on leap years) of the year in the Gregorian Calendar. ... 1995 (MCMXCV) was a common year starting on Sunday of the Gregorian calendar. ... January 14 is the 14th day of the year in the Gregorian calendar. ... 2001 (MMI) was a common year starting on Monday of the Gregorian calendar. ... February 20 is the 51st day of the year in the Gregorian Calendar. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ...

External links

  • Koch's biography
  • Oxbow Group website

  Results from FactBites:
 
Bill Koch (businessman) at AllExperts (830 words)
Koch is the son of Fred C. Koch, founder of Koch Industries, a business empire based on oil refining that became the largest privately owned company in America.
Koch also co-chairs the Alliance to Protect Nantucket Sound, a group formed to fight the Cape Wind project to build an offshore wind farm of 130 turbines.
Koch's third marriage in 2005 was to Bridget Rooney, granddaughter of Pittsburgh Steelers founder Art Rooney.
Bill Koch (businessman) - Wikipedia, the free encyclopedia (796 words)
Bill worked in the company but eventually sold his share to his brothers, Charles and David, after a long legal battle.
Koch reportedly spent around $65 million on his effort and though an amateur, sailed on the crew himself, assisted by veteran sailors like Buddy Melges.
Koch is an avid collector of art and wine, and especially of maritime memorabilia.
  More results at FactBites »


 
 

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