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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
LeadershipKoch Industries

Executive Disputes Role of Koch Brothers’ Father in Nazi Oil Refinery

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January 14, 2016, 4:42 PM ET
Charles Koch
Dana Point, CA - August 3: Charles Koch and Dr. Michael Lomax, president and chief executive officer of the United Negro College Fund, speak during an interview with the Washington Post at the Freedom Partners Summit on Monday, August 3, 2015 in Dana Point, CA. (Photo by Patrick T. Fallon for The Washington Post via Getty Images)The Washington Post/Getty Images
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By Katie Reilly/TIME

A senior Koch Industries executive is disputing a new book that says Fred Koch, the father of billionaire brothers Charles and David Koch,helped build a Nazi oil refinery.

In the letter to company employees, David Robertson, president and COO of Koch Industries, said Fred Koch’s work for the Nazi regime was one of many international projects and predated World War II,according to the New York Times.

“To cherry-pick one project among hundreds during this time frame and then use it out of context in order to further an agenda-driven story line is grossly inaccurate,” Robertson said.

In Dark Money, a new book about the political influence of some of the country’s wealthiest families, New Yorker staffer Jane Mayer writes that one of Koch’s projects was a major oil refinery for Nazi Germany, which Adolph Hitler personally approved, according to the book.

Koch Industries and the Koch brothers, known for funding conservative political candidates, have previously criticized Mayer’s reporting on their family.

This article was originally published on Time.com.

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