The Koch family is purchasing a 10% stake in the New York Giants at a North American record-setting valuation of $10 billion, as first reported by Bloomberg.

The deal is pending approval by the league owners, who are expected to approve it during their upcoming meeting in October.

Julia Koch, with her $81.2 billion net worth inherited from her widow, David Koch, is one of the richest women in the world. She and her family are leading the charge to make a second major purchase on the New York sports landscape. Last year, they bought a 15% stake in BSE Global, the company that owns the NBA's Brooklyn Nets and the WNBA's New York Liberty.

Koch Industries is a multinational conglomerate corporation based in Kansas and the second-largest privately held company in the United States. Its bench

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