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If someone asked you what the largest private company in the world is, you’d probably say Aldi, Robert Bosch or State Farm. Maybe if you’re a bit savvier you might pick something like China’s Tencent or maybe even Huawei and ByteDance. Something with a big name and a singular focus. But if you’re aware of how most big corporations spread their wealth and power behind an international network of companies, then you’d know that Koch Industries is a front runner for ‘largest company in the world’. It has over 120,000 employees and makes $125 billion a year all thanks to its intricately complicated organisation. They have so many tentacles that reach far and wide that it is frequently called the ‘Kochtopus’.

Yet unlike the ones I just listed, it mostly hides in the shadows. At least from the general public. In reality, the influence and power of the Koch Brothers is well known precisely.

Aside from inheriting one of the biggest oil companies from their father, Charles and David Koch (a.k.a the poster boys of the 1%) also run a plethora of think tanks, lobbying groups, and subsidies to make sure their machine keeps ticking, the money keeps churning, and the tax breaks keep coming. So how did this libertarian powerhouse get started in the Soviet Union? And how did family drama help it grow? And what are the loopholes the Koch brothers exploit to keep them rich?

It’s time to learn How History Works as we explain ‘How The Koch Brothers Became The Largest Private Company in The World’.

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#HowHistoryWorks #business #history

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Written By: Sam Ely

Video Created By: Gabriela Gutierrez

Footage Courtesy of: Getty Images

Music Provided By: Epidemic Sound

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