Edition: U.S. / Global


Published: February 19, 2004

An article on Feb. 5 about William I. Koch, the investor and art collector, misstated the inheritance he and his three brothers received when their father, Fred Koch, died in 1967. It was stakes in the family oil business, which was worth $25 million to $30 million at the time. While the company, now known as Koch Industries, has since grown into one of the country's largest privately held concerns, with annual sales around $40 billion, the brothers did not inherit hundreds of millions of dollars each.

The article also misspelled the given name of an artist with sculptures in William Koch's collection. He was Frederic Remington, not Frederick.