21 Famous Inspirational and Motivational Quotes -"Charles Koch"

 On November 1st, 1935, Charles Koch was born in Wichita, Kansas. His ancestors are Dutch, and his grandfather, Harry Koch, immigrated to the United States and settled in Texas. Koch attended the famous Massachusetts Institute of Technology, where he graduated with honors in 1960. He earned a bachelor's degree in general engineering and a master's degree in chemical and mechanical engineering. After graduating from college, Koch began working at Arthur D. Little, Inc. He quit his job and moved in with his father. He joined the family firm in 1961 and took over after his father died in 1967.

In 1972, Koch married his wife, Liz, who has been his steadfast supporter throughout his business and charitable endeavors. Koch had prostate cancer, as did all of his brothers. Despite having such a powerful reputation, Koch likes to maintain a low profile. Through his financial assistance and leadership, he has assisted the establishment of several new businesses and organizations.

He has contributed significantly to the Republican Party, Libertarian organizations, Americans for Prosperity, and many charities in the United States. His charitable organizations for education include the Institute for Humane Studies and the Mercatus Center at George Mason University. Along with his wife, Koch founded the Koch Cultural Trust to aid artists and other creatives.

 A familial conflict over corporate management erupted in 1980 when younger brother Bill and elder brother Frederick attempted to depose Charles as CEO in a failed boardroom coup, while a fourth brother, David, supported Charles. In 1983, Bill and Fred decided to sell their interests to the firm for $1.1 billion. They filed a lawsuit two years later, saying they had been underpaid. The result was a 15-year court struggle that Charles and David won in 2000.

 Koch's estimated net worth is $41.3 billion, including a stake of almost 42% in his own company. In 2011, he earned 18th place on the prestigious Forbes magazine's list of the most powerful billionaires. The Koch brothers were included in TIME magazine's list of "the most influential individuals" in 2011. The journal, along with a number of other publications, praised the brothers' and Koch's tenacity and dedication to the current state of their business and their funding of several foundations, political groups, and educational institutions.

1. "The government is largely influenced by people who advocate corporate welfare and advocate these policies that create this two-tiered society."

   
   
   

2. "The only way you improve is to try new things."

   
   
   

3. "Embrace change. Envision what could be, challenge the status quo, and drive creative destruction. "

   
   
   

4. "If you've never failed, then you’re probably not doing very much."

   
   
   

5. "We must measure what leads to results, not simply what is easy to measure."

   
   
   

6. "We try to reward people according to the value they create, the value they create in society and for the company."

   
   
   

7. "We try to evaluate how much value an employee is creating here and reward them accordingly."

   
   
   

8. "Success is one of the worst enemies of success, because success tends to breed complacency and a lack of humility."

   
   
   

9. "All of our policies are based on whether they will enable people to improve their lives or whether they will make their lives worse."

   
   
   

10. "I studied what principles underlay peace and prosperity and concluded the only way to achieve societal well-being was through a system of economic freedom."

    
    
    

11. "To make a quick buck, but over time, if you’re not creating value for others, customers, society, isn’t going to let you be around."

    
    
    

12. "To end cronyism, we must end the government’s ability to dole out favours and rig the market."

    
    
    

13. "I have been a libertarian in the past, but now I consider myself a classical liberal."

    
    
    

14. "When everyone gets something for nothing, soon no one will have anything, because no one will be producing anything."

    
    
    

15. "Most power is the power to coerce somebody." We don’t have the power to coerce anybody. "

    
    
    

16. "I believe that cronyism is nothing more than welfare for the rich and powerful and should be abolished."

    
    
    

17. "Far too many businesses have been all too eager to lobby for maintaining and increasing subsidies and mandates paid by taxpayers and consumers."

    
    
    

18. “If there is something wrong, you don’t say we have to get rid of it gradually. If injustice exists, you need to eliminate it immediately. "

    
    
    

19. "The way—the principle way that human beings have gotten out of extreme poverty is free trade."

    
    
    

20. "I believe my business and non-profit investments are much more beneficial to societal well-being than sending more money to Washington."

    
    
    

21. "We have the best leaders and the most depth of leadership we’ve ever had. If I get hit by a truck, maybe it would get me out of the way and it would go better."