Billionaire David Koch owned at least $143 million of real estate in NYC, the Hamptons, Aspen, and Florida. Take a look at his lavish homes, from a $40 million Manhattan townhouse to a 13-bedroom Palm Beach villa.
- David Koch, an American billionaire known for donating to conservative political causes, has died at age 79.
- The late philanthropist, who was worth an estimated $58.7 billion when he died (per Bloomberg), owned at least $143 million worth of real estate in New York City, the Hamptons, Aspen, Colorado, and Palm Beach, Florida.
- Koch's primary residence was an $18 million, 18-room duplex in an ultra-exclusive Manhattan building.
- In 2018, he paid cash for a $40.25 million Manhattan townhouse.
- He also owned a $18.8 million waterfront home in the Hamptons and a $10.5 million villa in Palm Beach.
- Visit Business Insider's homepage for more stories.
Billionaire conservative mega-donor David Koch has died at age 79.The late Koch Industries co-owner was worth an estimated $58.7 billion when he died (per Bloomberg). Most of Koch's wealth stemmed from his 42% stake in Koch Industries, the industrial conglomerate with an annual revenue of about $110 billion, according to Forbes.Advertisement
Known for his hefty donations to conservative political causes, Koch had a massive real-estate portfolio in New York City, the Hamptons, Aspen, Colorado, and Palm Beach, Florida.
According to calculations by Business Insider, Koch's real-estate holdings are worth at least $143 million (based on sale prices and Zillow estimates).Here's a look at his known real-estate holdings, from his $40 million Manhattan townhouse to his $18.8 million oceanfront Hamptons mansion.
Billionaire conservative donor David Koch has died at age 79.
Koch was worth an estimated $58.7 billion when he died, per Bloomberg's most recent report.Advertisement
Koch primarily lived with his wife in New York City, but he also owned hundreds of millions' worth of real estate in New York, Colorado, and Florida.
For 15 years, Koch lived in a massive 18-room duplex in a ritzy Manhattan building that John D. Rockefeller, Blackstone founder Stephen Schwarzman, and other business magnates have called home.Advertisement
740 Park Avenue is notoriously exclusive and expensive, known for being home to some of New York City's wealthiest residents.
There are two condos currently for sale in the Park Avenue co-op, according to StreetEasy.Advertisement
In addition to his Park Avenue duplex, Koch owned a $40.25 million Manhattan townhouse. Sources told the New York Post in August 2018 that he and his wife paid cash for the property.
Then there's Koch's oceanfront mansion on "Billionaire Lane" in the Hamptons, the ritzy vacation destination for New York City's wealthy elite.Advertisement
According to Pitkin County property records, Koch also purchased two neighboring homes in Aspen, the upscale Colorado ski town.
Koch also had a 30,000-square-foot mansion in Palm Beach, Florida, called the Villa el Sarmiento.Advertisement
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