Residents of Palm Beach

David Koch Is The Richest Full Or Part-Time Resident of Palm Beach, Florida. According to the Palm Beach Daily News, “Of the more than 1,000 names on the list are more than two dozen full- and part-time residents of Palm Beach and Manalapan. David Koch, executive vice president of Koch Industries, is the richest on the island, worth $17.5 billion, according to Forbes. Koch ranks as the 24th wealthiest person on the planet, along with three others: Sergey Brin and Larry Page of Google fame, and his older brother Charles Koch, who doesn’t have a place here. William Koch, David’s twin and fellow Palm Beacher, also is on the list, but is reported as having a net worth of ‘only’ $3 billion. He is ranked at No. 316, along with 26 others, including Hollywood types Steven Spielberg and George Lucas. Besides the Koch brothers, there are 23 other Palm Beachers who are worth at least a billion.” [Palm Beach Daily News via LexisNexis, 3/12/10]