William I. Koch
William I. Koch is the younger brother of Charles Koch and David Koch, but was bought out of the family business Koch Industries after two decades of litigation.[1]
He is the founder and owner of Oxbow Corporation, a privately-owned resources company. On its website the company states that "the Oxbow Group is made up of more than two dozen companies with yearly aggregate sales of over $3.7 billion, combined assets of over $1.7 billion and over 1200 employees worldwide. Oxbow’s primary businesses are the mining and marketing of energy and commodities such as coal, natural gas, petroleum, metallurgical and calcined coke."[2]
After being bought out of Koch Industries he founded his own energy company, Oxbow, and turned to yachting; he spent an estimated sixty-five million dollars to win the America’s Cup, in 1992.[3]
Mother Jones and Greenpeace report he is a major funder of the Alliance to Protect Nantucket Sound which is fighting the Cape Wind development of offshore wind turbines.[4][5]
Forbes reported in 2009 that William Koch is worth approximately $1500 million, making him the 236th richest person in America [6].
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