![Milton Friedman Prize logo](/sites/cato.org/files/styles/optimized/public/2025-03/Friedman%20Background.jpg?itok=mOG3ehBy) 

Special Event 

# 2025 Milton Friedman Prize for Advancing Liberty Biennial Dinner 

##### Watch the Event 

Download:

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Video 

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Date and Time 

**Thursday, May 1, 2025** 
6:00 — 10 PM EDT 
Afterglow to follow 

Location 

Washington Hilton, 1919 Connecticut Ave NW, Washington, DC 

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##### Featuring 

*Master of Ceremonies* 
[**Peter Goettler**](https://cato.org/people/peter-goettler) 
President and CEO, Cato Institute

*Award Recipient* 
[**Charles Koch**](https://www.cato.org/news-releases/cato-institute-awards-2025-milton-friedman-prize-advancing-liberty-charles-koch) 
Chairman and Co-CEO of Koch, Inc.

*Featured Speaker* 
**Patrick Collison** 
Co-founder and CEO, Stripe

*in conversation with*

[**Ryan Bourne**](https://cato.org/people/ryan-bourne) 
R. Evan Scharf Chair for the Public Understanding of Economics, Cato Institute

*Award Presentation* 
To Be Announced

##### 2025 Recipient 

## Charles Koch

##### Chairman and Co-CEO, Koch, Inc.; Founder, Stand Together

![Charles Koch, winner of the 2025 Milton Friedman Prize for Advancing Liberty.](/sites/cato.org/files/styles/aside_mobile/public/2025-03/2025_Charles%20Koch%20-%20Cropped.jpg?itok=hjajWXTv) 

Charles Koch has long championed principles of human progress that characterize a free and open society, one of equal rights and mutual benefit where people are empowered to innovate, succeed, and realize their potential by creating value for others. In recognition of his extraordinary efforts to advance human flourishing, in both business and social change, [the Cato Institute is proud to present this honor](/visual-feature/charles-koch) to Charles.

[Read the Announcement](/news-releases/cato-institute-awards-2025-milton-friedman-prize-advancing-liberty-charles-koch)

The Milton Friedman Prize for Advancing Liberty, named in honor of perhaps the greatest champion of liberty in the 20th century, is presented every other year to an individual who has made a significant contribution to advance human freedom.

The late Nobel laureate Milton Friedman agreed in 2001 to lend his name to the prize, which has become the leading international award for acknowledging contributions to the promotion of individual liberty. In a statement at the time he said: “Those of us who were fortunate enough to live and be raised in a reasonably free society tend to underestimate the importance of freedom. We tend to take it for granted. It has made us in the West more complacent, so having a prize emphasizing liberty is extremely important.”

**If you are interested in learning more about this event, please contact Serena Home:** [**shome@​cato.​org**](mailto:shome@cato.org) **and 202–218‑4602.**