See Billionaire Bill Koch Up-Close, Buying Billy the Kid Photo (Video)

Skip to minute 2:30, and you'll see the white-haired, 71-year-old Bill Koch place the winning, $2 million bid for

the only known photo of Billy the Kid

earlier this summer. The crowd at the Denver Merchandise Mart stands up and cheers, and Koch, after a moment of indecision, grins and commences shaking hands. "I'm Bill Koch. I now own the authentic Billy the Kid photograph. This has been a true West moment," he tells an interviewer.

Koch, a Palm Beach billionaire who is the subject of this week's New Times feature story,

doesn't have a lot of public appearances available for viewing on the interwebs. This is a rare glimpse at his goofy love of Western memorabilia. He owns a ranch in the mountains near Gunnison, Colorado -- where his energy company also runs a coal mine -- and recently bought historic buildings from the Old West town of Buckskin Joe to reassemble on his ranch.

Read more about "Wild Bill" Koch and his battles with his politically influential brothers, Charles and David, here.

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