Walter Scott, Jr. Net Worth

Walter Scott Jr. was born on May 21, 1931 in Omaha, Nebraska, United States and is the Chairman of Level 3 Communications. He is a lifelong friend of Warren Buffett and owes the bulk of his fortune to Berkshire Hathaway Energy, Buffett's massive utilities subsidiary. Scott still owns about 9% of Berkshire Hathaway Energy and serves on its board, as well as being a director of Berkshire Hathaway. He began his career at Peter Kiewit and rose to the rank of CEO in 1979, pushing the company into telecom, fiber optics and power plants before retiring 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
Alma mater Colorado State University
Occupation Former CEO, Peter Kiewit Sons' Incorporated
Children 6

💰 Net worth: $4.2 Billion (2024)

Walter Scott, Jr., the esteemed Chairman of Level 3 Communications in the United States, is set to have an astonishing net worth estimated at $4.2 billion in 2024. With his remarkable accomplishments and expertise in the telecommunications industry, Scott has played a pivotal role in shaping Level 3 Communications into the prominent company it is today. His visionary leadership and strategic decision-making have contributed significantly to the corporation's success, ultimately leading to his substantial net worth. Scott's vast wealth is a testament to his outstanding business acumen and enduring commitment to his craft.

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



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


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


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.


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.


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


Scott was the 1997 recipient of the Horatio Alger Award.


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.


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.


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.


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.