Koch Industries
Marshall turned his investment in Great Northern Oil Co. with Fred Koch during the 1950s into a 16% stake in Koch Industries, now the nation's second largest privately held company. When his eldest son J. Howard Marshall III sided with Bill Koch, Fredrick Koch and other collateral family members in a failed attempt to take over Koch Industries from Charles Koch and David Koch, he purchased back company stock given previously as a gift and removed the eldest son from his estate plan. Conversely, during the same dispute, the late E. Pierce Marshall sided with his father, Charles Koch and David Koch.
Read more about this topic: J. Howard Marshall
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