This Billionaire Has No Plans to Back a Candidate in Republican Primary

Billionaire industrialist Charles Koch said Wednesday he’s unlikely to back a candidate in the crowded Republican presidential primary, the latest sign that one of the most influential figures in conservative politics seems less than enthusiastic about his choices.

“I have no plans to support anybody in the primary now,” Koch told USA TODAY during a wide-ranging interview that touched on politics, his management theories and what he views as increasing threats to free speech at universities . . .

“If they start saying things we think are beneficial overall and will change the trajectory of the country, then that would be good, but we have to believe also they’ll follow through on it, and by and large, candidates don’t do that.”

Koch acknowledged that the vast policy and political network he helps oversee with his New York-based brother, David, might exceed his fundraising expectations before the presidential and congressional elections.

In recent weeks, the Kansas-based executive has downplayed what his organization might spend before the end of 2016, saying his network of about 450 donors might raise $750 million, down from an earlier estimate of $889 million over two years. (Read more from “This Billionaire Has No Plans to Back a Candidate in Republican Primary” HERE)

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