Julia Koch and her three children inherited a 42% stake in Koch Industries from her husband, David, who died in 2019 at age 79.
An Iowa native, Koch moved to New York City in the 1980s and worked as an assistant to fashion designer Adolfo.
She worked with many of his high-profile clients, including First Lady Nancy Reagan.
Julia met David via a blind date in 1991; they ran into each other again six months later, began dating and got married in 1996.
In February 2024, the Julia Koch Family Foundation gifted $75 million to fund the Julia Koch Family Ambulatory Care Center at NYU Langone's West Palm Beach location.
In June 2024, Koch and her three children inked a deal to acquire a 15% stake in the NBA's Brooklyn Nets for nearly $700 million.
This article discusses key insights from the 2024 Global Energy Review, highlighting trends in natural gas production, consumption, and market shifts, with the U.S. leading in LNG exports.
Benjamin Netanyahu spent part of his speech criticizing the heated protests that flared earlier this year, calling protesters critical of Israel “Iran’s useful idiots.”
Hayao Miyazaki's Oscar-winning comeback film, 'The Boy and the Heron,' will arrive on US streaming service Max in September, nine months after its US theatrical debut.
Harris is all but certain to replace President Joe Biden at the top of the Democratic ticket after the majority of delegates have said they’ll support her.
Family offices have undergone significant transformation in recent years, adapting to a rapidly changing financial landscape and the evolving needs of ultra-high-net-worth families. In the most recent, third UBS Family Office Quarterly report, we look at the current state of family offices and peer into their future, several key trends emerge that are reshaping this exclusive sector of wealth management.
The investment by Julia Koch and her family into BSE Global will significantly deleverage the holding company of the Brooklyn Nets and New York Liberty.