David Koch is the richest man living in New York City and is listed #6 on the Forbes list of billionaires. He is the co-owner and executive vice-president of Koch Industries – the largest privately owned conglomerate in the country, alongside his brother Charles. Koch Industries has a diverse portfolio, with interests in petroleum refineries, chemicals, paper towels, and even Dixie cups.
Koch was once a star basketball player and earned his Master’s degree from MIT, becoming the engineering head of the family business. In 1980, he also served as a vice-presidential candidate for the Libertarian Party against former president Ronald Reagan. David Koch is also an active philanthropist, and has been listed by the Chronicle of Philanthropy as one of the world’s top 50 philanthropists.