The Koch Brothers, two of the richest people in the world, grew $300 million richer on Friday, by the measure of the Bloomberg Billionaires Index.
Charles and David Koch, worth a combined $100.4 billion, gained $300 million on Friday. http://t.co/7V3C8fb9Hg
— BBG Billionaires (@BBGBillionaires) January 13, 2014
They’re also big players in national elections.
Americans for Prosperity, a nonprofit partially funded by the billionaire energy executives, co-owners of Koch Industries, is in the midst of a multimillion-dollar campaign against Democratic senators who have supported President Barack Obama’s health care law. They backed Republican Mitt Romney’s campaign for president.
David Koch, ranked seventh-richest in the world, has said the money he gives to politically active groups like Americans for Prosperity is a way for him to “speak out.”
At a news conference at an AFP event in his honor during the 2012 Republican National Convention where he was a delegate from New York State, Bloomberg’s Julie Bykowicz has reported, a reporter asked him about being labeled an enemy of the Democratic Party.
“We live in a country that believes in free speech,” said Koch. “I have a right to speak out.”
In the midst of a stock market scoring record highs, he and his brother, ranked sixth-richest, now have some more money to speak with.
Friday, it appears, was a good day for energy.
— Steven Kaijuka (@kaykay29au) January 13, 2014