WASHINGTON -- David H. Koch, executive vice president of Koch Industries Inc. and a long-time philanthropist, has died at age 79. His older brother, Charles, announced the death on Friday, saying, "It ...

(Bloomberg) -- David Koch, the industrialist and libertarian who used his fortune to transform American politics while also donating more than $1 billion to philanthropic causes, has died. He was 79.

David H. Koch, who amassed a multibillion-dollar fortune with his brother Charles from the corporate behemoth they ran and then joined him in pouring their riches into a powerful right-wing ...