Julia Koch Net Worth 2021: Age | Family |House | Bio

Who is Julia Koch?

She is an American billionaire and philanthropist. She is the wife of late David Hamilton Koch who was an American businessman philanthropist and chemical engineer. He was the chairman and managing director of Koch Industries.

As per the Bloomberg billionaires index, she was listed as one of the wealthiest people in the world. According to annual Business Magazine Forbes, she is on the list of 10 richest women in the world of 2020. According to Forbes real-time data published on 5th March 2021 by American Business magazine Forbes, she is the 4th Wealthiest woman in the world. She is just behind the American novelist, philanthropist MacKenzie Scott who is the third wealthiest woman in the world.

Early Life

She was born on 12th April 1962 in Des Moines the capital city of Iowa, United State. Her father Frederic Flesher & mother  Margaret belongs to a farming background. At the age of eight, she moved to Arkansas, the South Central region of the United States with her family. Her father started there a clothing store called Peggy Frederic.

She becomes graduate from the University of Central Arkansas (UCA) which is a public University in Conway, Arkansas.

Career

She started working as a model after she becomes graduate. In 1984 he moved to New York City where she started working as a fashion designer under the Cuban born American fashion designer Adolfo’s Assistant and started making fitting for American actress Nancy Davis Reagan.

She met with David  Koch in 1991 and gradually started making their relationship. She stopped working in 1993 and got married in 1996 at  David Koch’s house on Meadow Lane in Southampton, New York.

David Koch was an American businessman philanthropist and chemical engineer in Koch Industries. The largest private company in United State. He joined their family business in 1970. In 1979 he become President of the company and Co-owner of Koch Industries. He also served as executive vice president of Koch Industries till 2018. He was the richest person in United State in 2012. He was also the wealthiest person in New York City in 2013. As of June 2019 who was the 11th wealthiest person in the world combinedly with his brother with a net fortune of $ 50.5 billion (Rs 36,98,00.89 Cr). 

In December 1997 American daily newspaper based on New York City, New York Times called her “New York society debut” at The Met Gala. She was co-chairwoman of the gala that year along with British American journalist  Anna Wintour and Chairman and editorial director of American Fashion magazine W named Patrick McCarthy.

In an interview, McCarthy told that she is so beautiful who loves fashion and having a good sense of humour. She married an extraordinarily rich man.

After married she spent so many years in a luxury apartment on Fifth Avenue, New York City. But in 2004 they shifted their apartment to 740 Park Avenue.

The Billionaire business family have Also purchased a luxury mansion recently in East Side mansion on a whim in  New York City for $ 40 million (Rs 2,92.94 Cr). The Luxury mansion spread over a 15000 square feet area full of amazing and glamorous interior design. 

Her husband died in  August 2019. Having three children David Jr, Mary Julia, and John Mark she becomes the 42 % shareholder of Koch Industries. Soon her name listed as the richest woman in the world by Bloomberg Business News. Forbes magazine listed her name as the 10th richest woman in the world. She also becomes the board of directors of Koch Industries.

During her husband’s lifetime, they have donated to the Lincoln Center, The Metropolitan Museum of Art of the New York City and the National Museum of Natural History Washington, D.C United States.