Billionaire Bill Koch Puts Cape Cod Land on the Market for $16 Million

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Growing up in Wichita, Kan., Bill Koch never saw the ocean until he moved to the Boston area to attend the Massachusetts Institute of Technology. “Occasionally, we’d have parties down on the Cape for the fraternity,” he said. “I began to start liking the ocean a lot, so when I got a bunch of cash I said, ‘I ought to go down and buy a place.’”