Koch Brothers Net Worth Tops $100 Billion as TV Warfare Escalates

[DonViejo]

Source: Bloomberg

By David de Jong Apr 17, 2014 8:53 AM ET

Charles and David Koch, the billionaire brothers who run Wichita, Kansas-based Koch Industries Inc., added $1.3 billion to their collective fortune yesterday on reports that U.S. industrial production gained more than forecast. The surge elevated their net worth to more than $100 billion, according to the Bloomberg Billionaires Index.

The Koch’s ascent comes as Freedom Partners, one of their fundraising networks, last week aired its first batch of television ads targeted at this year’s U.S. Senate races, including commercials knocking Democratic Senator Mark Udall of Colorado and Representative Bruce Braley of Iowa for supporting President Barack Obama’s health-care law.

“The Koch brothers are pouring millions into this,” Chris Harris, a campaign spokesman for Senator Udall, said in an e-mail yesterday. “They’re only fighting for their own interests, not Coloradans’. Mark Udall has a long record of fighting for the middle class and stops at nothing to protect Colorado’s special way of life.”

The ads represent an escalation in TV warfare among outside groups intervening in the Iowa and Colorado contests. In both cases, Americans for Prosperity, another Koch organization, criticized Democratic candidates for backing the health-care law.

-snip-

Read more: http://www.bloomberg.com/news/2014-04-16/koch-brothers-worth-100-billion-buying-printers-to-ads.html

[aggiesal]

1. They have a case of AFFLUENZA n/t

[tofuandbeer]

3. :D

[tofuandbeer]

2. Dang! I thought I was catching up!

That is NUTS!!!

[Bernardo de La Paz]

4. Make them spend it all. And then the Democratic party members Get Out the Vote. nt

[geretogo]

5. The next time I hear the word " democracy " in reference to America I'm going to vomit .

[IronLionZion]

6. Get Out The VOTE!!!

Their money can't buy votes....yet.

[2pooped2pop]

7. I'm thinking 100 billion is just the right amount we need to begin to set things straight

in this country. I hereby order the arrest of the Koch brothers and confiscation of all of their wealth resulting from purchases of government entities, and thereby laws. All of their business dealings will be subjected to review and all monies born of illegal or questionable business practices, including those considered climbing on the backs of the people, will be confiscated.

I declare Koch to be a class 1 illegal drug and I have a zero tolerance policy.

All their belonging, holdings, etc will now be returned to the American People with consideration to the worldwide Koch problems caused and do allow for a percentage split to other countries that have been Koch fucked as well.

So it is written. This order does not require a live capture.

[blkmusclmachine]

8. $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Give us more. Always, more.

[stuffmatters]

9. It'll double to 200 billion if Keystone (aka KochXL) is approved

As the brothers profit obscenely on both ends of the pipeline by enormous land ownership in the TarSands and
the refineries in Texas. All shipped out, in tax free zones, of course, to China.

I remember when Obama took office, their worth together was about 50 billion. It's doubled since. And with Keystone approval it will double again. To approve Keystone is both environmentally catastrophic and democratically insane.