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Best Answer: Charles and David Koch own Koch industries and they are oil men. Their father, Fred started it as an oil refining company. The sons inherited it and together own over 80% of the company, therefore there is no board of trustees with any kind of executive power, it is all in the hands of the brothers.
But the Koch brothers are a symbol of a greater problem of the power of money in politicsâin particular, the ability of some Ã¼ber-rich people and large corporations to put their massive thumbs on the scale of democracy in ways that manipulate and ultimately overwhelm the will of the people.