Charles James Koch ( '; born May 27, 1949) is an American entrepreneur, billionaire, and the co-founder and chairman of the

Boston Beer Company The Boston Beer Company is an American brewery founded in 1984. Boston Beer Company's first brand of beer was named Samuel Adams after Founding Father Samuel Adams, an American revolutionary patriot. Since its founding, Boston Beer has started se ...

, the producers of

Samuel Adams Samuel Adams ( – October 2, 1803) was an American statesman, political philosopher, and a Founding Father of the United States. He was a politician in colonial Massachusetts, a leader of the movement that became the American Revolution, and ...

beer. Koch is widely considered to be the founding father of the American

craft brewing Craft beer is a beer that has been made by craft breweries. They produce smaller amounts of beer, typically less than large breweries, and are often independently owned. Such breweries are generally perceived and marketed as having an emphasis o ...

movement.

Early life

Koch was born in

Cincinnati Cincinnati ( ) is a city in the U.S. state of Ohio and the county seat of Hamilton County. Settled in 1788, the city is located at the northern side of the confluence of the Licking and Ohio rivers, the latter of which marks the state line wit ...

on May 27, 1949, one of four children born to

German-American German Americans (german: Deutschamerikaner, ) are Americans who have full or partial German ancestry. With an estimated size of approximately 43 million in 2019, German Americans are the largest of the self-reported ancestry groups by the Unite ...

parents Charles and Dorothy Koch (''née'' Kautz). Charles was a fifth-generation

brewer Brewing is the production of beer by steeping a starch source (commonly cereal grains, the most popular of which is barley) in water and fermenting the resulting sweet liquid with yeast. It may be done in a brewery by a commercial brewer, ...

. Koch earned a

Bachelor of Arts Bachelor of arts (BA or AB; from the Latin ', ', or ') is a bachelor's degree awarded for an undergraduate program in the arts, or, in some cases, other disciplines. A Bachelor of Arts degree course is generally completed in three or four years ...

Juris Doctor The Juris Doctor (J.D. or JD), also known as Doctor of Jurisprudence (J.D., JD, D.Jur., or DJur), is a graduate-entry professional degree in law and one of several Doctor of Law degrees. The J.D. is the standard degree obtained to practice law ...

, and

Master of Business Administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

from

Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...

Career

He is a former consultant with

The Boston Consulting Group Boston Consulting Group, Inc. (BCG) is an American global management consulting firm founded in 1963 and headquartered in Boston, Massachusetts. It is one of the Big Three (or MBB, the world’s three largest management consulting firms by rev ...

. He was formerly an

Outward Bound Outward Bound (OB) is an international network of outdoor education organizations that was founded in the United Kingdom by Lawrence Holt and Kurt Hahn in 1941. Today there are organizations, called schools, in over 35 countries which are att ...

instructor. In 1984, Koch co-founded the

, the producers of

beer. Koch took Boston Beer company public in 1995 and owns a 26% stake in the company, giving him a net-worth of over $2.4 billion. He is currently ranked #925 in Forbes Billionaires 2021. In 2016, Koch published ''Quench Your Own Thirst: Business Lessons Learned Over a Beer or Two'', in which he discussed how he left his career as a management consultant to start his own brewery using his great-great-grandfather's recipe. In August 2018, Koch said the corporate tax cut of 2017 helped to play a major role in making Boston Beer Company more competitive in regard to foreign competitors. Koch stated that "When I started Sam Adams, American beer was a joke, and it pissed me off. And now, American brewers make the best beer in the world. And the tax reform was a very big deal for all of us, because 85 percent of the beer made in the United States is owned by foreign companies."

Personal life

Koch's marriage to his first wife, Susan, ended around the time he started the Boston Beer Company. He remarried to entrepreneur Cynthia Fisher in 1994. He has two children from his first marriage and two from his second. They live in

Newton, Massachusetts Newton is a city in Middlesex County, Massachusetts, United States. It is approximately west of downtown Boston. Newton resembles a patchwork of thirteen villages, without a city center. According to the 2020 U.S. Census, the population of Ne ...

. Koch is unrelated to Stone Brewing Co. cofounder Greg Koch.

Works cited

References

Sources

* * * * Living people American brewers Harvard Business School alumni Harvard Law School alumni 1949 births {{beer-stub