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Bloomberg Billionaires Index
View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.
❮ # 19 Carlos Slim # 21 Francoise Bettencourt Meyers ❯
# 20 Julia Flesher Koch & family $76.5B
Random fact: Met David Koch on a blind date.
Overview
Flesher Koch is the widow of David Koch, a former executive and co-owner of Koch Inc., one of the largest closely held companies in the US by revenue. The Wichita, Kansas-based conglomerate has annual revenue of about $125 billion. She and her children also own a minority stake in the Brooklyn Nets and New York Liberty basketball teams.

As of 7 ноября 2024 г. :
Last change +$1.45B ( +2.2%)
YTD change +$10.0B ( +15.1%)
Biggest asset Koch Industries cash & short term assets
Country / Region United States
Age 61
Industry Industrial
View net worth over:   Max 1 year 1 quarter 1 month 1 week
11/02/23
$66B
$68B
$70B
$72B
$74B
$76B
$78B
11/02/23
11/06/24
Net Worth Summary
 Cash  Private asset  Public asset  Misc. liabilities
👆 Mouse over or tap for more info
Confidence rating:     
Flesher Koch's fortune is derived from the inheritance of her late husband's 42% stake in Koch Inc., a closely held industrial conglomerate. Koch is one of the largest closely held companies in the US and has annual revenues of about $125 billion, according to a person familiar with the company's results.

David Koch died in August 2019. Flesher Koch & family are credited in this analysis with all of the shares previously held by David Koch. "David's shares remain with his family," Koch spokeswoman Christin Fernandez said in an email on Aug. 23, 2019.

Revenue for Flint Hills Resources is calculated to have been about $38 billion in 2023 by comparing their reported production capacities and pipeline miles with select industry peers.

Based on information from court filings, paper and pulp producer Georgia-Pacific had $3.5 billion of earnings.

Based on an analysis of credit reports and discussions with people familiar, Polymer and fiber producer Invista had earnings of $1.5 billion. Electronic components manufacturer Molex had revenue of $7.1 billion. Glass manufacturer Guardian Industries had revenue of $3.7 billion.

Infor Global Solutions, an enterprise software company, had earnings of $740 million and is wholly owned by Koch after its acquisition was completed in April 2020.

In addition, $46.5 billion in cash, miscellaneous investments and land less certain overhead costs and liabilities is held by the Koch parent, based on Moody's reports stating that the company has a zero net debt position and information provided by a person familiar.

Koch and her family won approval to buy a 15% stake in the Brooklyn Nets, New York Liberty and Barclays Center in June 2024 for $688 million. Its valued at its purchase price.

Biography
Education: University of Central Arkansas
Julia Flesher was born in Indianola, Iowa in 1963. Her family owned a furniture store on Highway 92, according to a 1998 New York Times report. She moved to Arkansas eight years later when her parents opened a clothes store in Conway, north of Little Rock.

She attended the University of Central Arkansas before taking a job as an assistant to fashion designer Adolfo Sardina.

She met David Koch on a blind date in January 1991. The pair married in 1996 and had three children. David Koch died on Aug. 23, 2019.

Milestones
1963 Julia Flesher is born in Iowa.
1991 Goes on a blind date with David Koch.
1996 Marries David Koch.
2019 David Koch dies.
2024 Buys 15% of Brooklyn Nets basketball team for $688 million.
Latest News
Source: Bloomberg reporting

Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest people. In calculating net worth, Bloomberg News strives to provide the most transparent calculations available, and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied.

The index is a dynamic measure of personal wealth based on changes in markets, the economy and Bloomberg reporting. Each net worth figure is updated every business day after the close of trading in New York. Stakes in publicly traded companies are valued using the share's most recent closing price. Valuations are converted to U.S. dollars at current exchange rates... Read our complete methodology →

Edited by: Brian Chappatta, Tom Maloney, Jack Witzig, Pei Yi Mak and Andrew Heathcote

Design & development: Christopher Cannon, Dean Halford, Brittany Harris and Julian Burgess

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