David Koch, one half of America’s most politically influential pair of brothers, said Sunday that he doesn’t understand why people think he’s an “evil billionaire” and identified as a “social liberal.”
During her interview with Koch for ABC’s “The Ten Most Fascinating People of 2014,” Barbara Walters told the reclusive billionaire that he wasn’t “well liked” because of his conservative politics.
“I’m basically a libertarian and I’m a conservative on economic matters, and I’m a social liberal,” Koch responded.
Walters then asked Koch why he uses his wealth to elect socially conservative candidates if he supports gay rights and a woman’s right to choose.
“Well, that’s their problem. I do have those views,” he said.
“What I want these candidates to do is to support a balanced budget,” he added. “I’m very worried that if the budget is not balanced that inflation could occur and the economy of our country could suffer terribly.”
Asked whether he thought it was fair that he’s able to influence elections because of his vast wealth, Koch said that he obeys federal limits on how much he can contribute to individual candidates.
But Koch and his brother, Charles, also donate large sums to support the arts and other philanthropic causes. Walters asked why, then, Koch has developed a reputation as an “evil billionaire.”
“Well, I don’t understand that,” he said.
Watch below via ABC News:
- -Hiring More Journalists
- -Providing free memberships to those who cannot afford them
- -Supporting independent, non-corporate journalism