Bill Koch was born May 3, 1940 in Wichita, Kansas. He is the President of Oxbow Corporation and Chairman of the Alliance to Protect Nantucket Sound. His brothers, Charles and David Koch, run the influential conglomerate, Koch Industries, a business inherited from their father, Fred Koch.
The Koch Industries family business has been a major battleground for a decades-long family feud. Bill began his career at Koch Industries as a consultant in 1971, moving on to other positions without experiencing much success. Koch was fired by his brother, Charles Koch, after he attempted to seize control of the company's Board of Directors.
After receiving $620 million from Koch Industries for his 21 percent stake, Koch opened a series of lawsuits against his brothers that lasted several decades, one of which resulted in a $25 million penalty against Koch Industries for stealing oil for Native American reservations and federal land.
Bill Koch founded the Oxbow Group in 1983 with settlement money from legal disputes over his shares of Koch Industries. Oxbow is a privately-held energy corporation currently based in West Palm Beach, Florida. A conglomerate of two dozen companies, the Oxbow Corporation makes over $3.7 billion in sales annually, operates in nearly 20 countries. The business is primarily centered on petroleum coke sales and coal mining, selling 10 million metric tons of petroleum coke and 8 million metric tons of steam coal each year. The company is also active in natural gas production and in sales of industrial products such as gypsum and bauxite.