Table of Contents
Walter Scott Jr. Net Worth
| Category | Information |
|---|---|
| Net Worth | $2.9 billion |
| Salary | N/A |
| Birthdate | N/A |
| Birthplace | Omaha, Nebraska, United States |
| Gender | Male |
| Height | N/A |
| Profession | Businessman, Philanthropist |
| Nationality | American |
Net Worth
Walter Scott Jr. has an estimated net worth of $2.9 billion, making him one of the wealthiest individuals in Nebraska. Though not as well-known as his childhood friend Warren Buffett, Scott has had a successful career in the business world.
Highlights
- Walter Scott Jr. has a net worth of $2.9 billion.
- He is considered the second richest person in Nebraska.
- Scott graduated from Colorado State University with a degree in Civil Engineering.
- He worked at Kiewit Construction, which later became Peter Kiewit Sons’ Inc.
- Scott served as President and Chairman of Peter Kiewit Sons’ Inc.
- He joined the board of Berkshire Hathway and profited from the acquisition of MidAmerican Energy.
- Scott is currently Chairman of Level 3 Communications and holds positions on other boards.
Early Life
Walter Scott Jr. was born and raised in Omaha, Nebraska. In the early 1950s, he graduated from Colorado State University with a degree in Civil Engineering, laying the foundation for his future career in the construction industry.
Career
Scott began his professional journey at Kiewit Construction, which later became Peter Kiewit Sons’ Inc. He steadily climbed the ranks and was elected to the board in 1964. Fifteen years later, he became the President of the company before assuming the role of Chairman in the same year.
His close friendship with Warren Buffett led Scott to join the board of Berkshire Hathaway. His fortune soared when Berkshire Hathaway acquired MidAmerican Energy, propelling his net worth to new heights.
In the late 1990s, Peter Kiewit Sons’ Inc. split into two divisions. Scott currently serves as Chairman of Level 3 Communications, a subsidiary of the company, while also maintaining the position of Chairman Emeritus for the main arm. He is also actively involved on the boards of RCN Corporation and Valmont Industries, among others.
Personal Life
Details about Walter Scott Jr.’s personal life, including his birthdate, height, and specific personal interests, are not publicly available.
Net Worth Over Time
Walter Scott Jr.’s net worth has seen significant growth over time. Starting from his successful career at Peter Kiewit Sons’ Inc., his association with Berkshire Hathaway and other ventures have contributed to his wealth accumulation. The acquisition of MidAmerican Energy by Berkshire Hathaway played a crucial role in boosting Scott’s net worth.
Components of Net Worth
Scott’s net worth primarily consists of his diverse business investments, including his role as Chairman of Level 3 Communications and positions on various corporate boards. Additionally, he may hold significant assets and investments in other sectors, further contributing to his overall net worth.
Disclaimer: All net worth figures mentioned here are estimated and sourced from publicly available information. While efforts have been made to ensure accuracy, these numbers should be considered as rough estimates.