Koch Industries is a large, privately held multinational corporation based in the United States. Founded in 1940, the company has diverse business interests in sectors such as energy, chemicals, manufacturing, trading, and investments. Koch Industries operates globally and is known for its market-based approach, commitment to innovation, and responsible business practices. The company is involved in activities such as refining and marketing petroleum products, chemicals production and distribution, manufacturing equipment and components, operating pipelines, and commodities trading. The Koch family, which owns the majority of the company, has been involved in political and philanthropic activities, supporting causes related to education, research, and public policy. Koch Industries is a major player in the business world with a significant global presence and contributions to various sectors of the economy.