Walter Scott, Jr. Net Worth

Walter Scott, Jr. was born on May 21, 1931 in Omaha, Nebraska, United States, is Chairman, Level 3 Communications. Walter Scott Jr, lifelong friend of Warren Buffett, owes the bulk of his fortune to Berkshire Hathaway Energy, Buffett's massive utilities subsidiary. In 2000, Scott and Buffett partnered to buy utility MidAmerican Energy, later renamed Berkshire Hathaway Energy, for $2 billion. Scott still owns about 9% of Berkshire Hathaway Energy and serves on its board. He is also a director of Berkshire Hathaway. He began his career at construction giant Peter Kiewit in his native Omaha, Nebraska, rising to the rank of CEO in 1979. Scott pushed Kiewit into telecom, fiber optics and power plants before retiring from the company in 1998.
Walter Scott, Jr. is a member of Technology

Age, Biography and Wiki

Who is it? Chairman, Level 3 Communications
Birth Day May 21, 1931
Birth Place Omaha, Nebraska, United States
Age 89 YEARS OLD
Alma mater Colorado State University
Occupation Former CEO, Peter Kiewit Sons' Incorporated
Children 6

💰 Net worth: $4.96 Billion (2021)

2009 $1.95 Billion
2010 $1.9 Billion
2011 $1.75 Billion
2012 $2.1 Billion
2013 $2.2 Billion
2014 $2.9 Billion
2015 $3.8 Billion
2016 $3.8 Billion
2017 $3.8 Billion
2018 $4.19 Billion

Some Walter Scott, Jr. images

Biography/Timeline

1946

He became an Eagle Scout in 1946 and is a recipient of the Distinguished Eagle Scout Award.

1953

He graduated from Colorado State University in 1953 with a bachelor's degree in civil engineering.

1964

Scott was first elected to the Peter Kiewit Sons' Incorporated board in 1964. In 1979, he was elected President. When Peter Kiewit died later that same year, Scott was selected to succeed him as chairman.

1983

Scott's second wife Sue Scott had been a good friend of his first wife, Carolyn, who died in 1983, but did not know Walter. They married in 1987 at their place of worship, Countryside Community Church. Suzanne died in 2013.

1996

In 1996 Scott acquired the original sales document of the Louisiana Purchase for his private collection.

1997

Scott was the 1997 recipient of the Horatio Alger Award.

1998

Scott is chairman of Level 3 Communications. The corporation is one of the firms created by the 1998 separation of the two operating divisions of Peter Kiewit Sons' Inc. Since the split-off, Scott now serves as chairman Emeritus of Peter Kiewit Sons', Inc.

2010

In June 2010, when Warren Buffett appealed to him to join the Giving Pledge, he partially accepted, stating that after his death his remaining estate will go into his eponymous foundation.

2011

In 2011 he committed $10 million to the construction of Engineering II, a $70 million, 122,000 square feet (11,300 m) building which will house interdisciplinary Energy, environment and health programs at Colorado State University.

2016

In November 2016 it was announced Scott would be donating $53.3 million to Colorado State University School of Engineering, CSU's largest ever gift, and that the College of Engineering at CSU will be renamed the Walter Scott, Jr. College of Engineering, becoming the only named college of engineering in the state of Colorado.