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Billionaire businessman David Koch of the notorious Koch brothers is said to have died at the age of 79, news reports say. Pictured: Koch, right, with older brother Charles, left, on Morning Joe in November 2015

Billionaire and prominent Republican party donor David Koch is dead at the age of 79

  • David Koch, one of the most prominent donors of the Republican party, reportedly died at the age of 79
  • The details of his death, including the date, time and cause, are unclear
  • He and his brother Charles built their fortunes around Koch Industries, which makes Dixie cups and padded northern toilet paper
  • At the time of his death, his assets were estimated at $ 42.4 billion, making him the 11th richest person in the world
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Billionaire businessman David Koch, one of the richest men in the world and a prominent Republican party donor, is reportedly deceased.

& # 39; Sources close to the family say David Koch has died & # 39 ;, tweeted New York reporter Jane Mayer on Friday morning.

Details about the time and place and the circumstances surrounding the death of the 79-year-old are currently unclear.

He and his older brother Charles have been one of the largest GOP donors since the 1980s.

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The brothers built their fortunes at the Koch Industries company, which refines crude oil and is the maker of Dixie cups and quilted northern toilet paper. BNO News.

According to Forbes magazine, his assets at the time of his death were $ 42.4 billion, making him the 11th richest person in the world.

Billionaire businessman David Koch of the notorious Koch brothers is said to have died at the age of 79, news reports say. Pictured: Koch, right, with older brother Charles, left, on Morning Joe in November 2015

Billionaire businessman David Koch of the notorious Koch brothers is said to have died at the age of 79, news reports say. Pictured: Koch, right, with older brother Charles, left, on Morning Joe in November 2015

This story breaks and we will be updated with more information as developments come in.

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