Daily Archives: September 21, 2011

Politicus USA: Getting Rich Off The Poor: How The Koch Brothers Wealth Grew 43% Since 2010

-By Jason Easley

September 21, 2011- A week after the Census Bureau reported that American poverty has hit an all time high, America has learned the wealth of Charles and David Koch has increased 43% since March of 2010.

According to Forbes, the Koch Brothers have seen their fortune grow by 43% in a little more than a year to $25 billion. According to Think Progress the Koch boys have made their money by aggressively speculating in energy markets, “Koch uses legitimate hedging products to create price stability. However, the documents reveal that Koch is also participating in the unregulated derivatives markets as a financial player, buying and selling speculative products that are increasingly contributing to the skyrocketing price of oil.”

Copyright Kochwatch 2014. All rights reserved.