The Koch brothers have a new organization known as 1888 Management LCC that has been formed to manage their enormous wealth. Before it was announced just recently, 1888 had been tucked in the Koch Industries, and it has been scouting the private investments of the company quietly. The Koch’s have managed to acquire a lot of money over the past years, and they have used this money to shape the current conservative movement in the United States of America.
Harry Koch, the person behind 1888is currently a newspaper publisher who stays in Texas. He has a libertarian bent, and he has played an important role in bringing the initiative to what it is currently. The influential family has acquired this wealth from their grandfather, and since they took charge of the company, they have expanded the amount of services offered, from ranching to oil manufacturing, and at the moment, they are among the richest families in the country, with a net worth of about one hundred billion.
The shocking thing is that the filings from the institution do not exceed one hundred million dollars, leaving many people with many questions.
Charles Koch is currently the CEO of the Koch Industries, and his brother is the vice CEO. Since they are wealthy and famous, the Koch brothers have been very active in political activities, giving huge sums of money to fund candidates in the conservative’s side.
Since the American political arena is currently busy with presidential and senatorial candidates looking for votes, the Koch brothers have come out to express themselves to the people in order to get the preferred candidates elected to offices. Although there have been a lot of misconceptions about the Koch Brothers in the news and new papers, the brothers have come out to defend themselves, saying that they want the best for the country. They were once accused of starting an organization to oppose the current president of America, Barack Obama, but these rumors are cooling down as people understand their objectives.