Walter Scott, Jr.
Walter Scott Jr. is an American civil engineer, philanthropist, and former CEO of Peter Kiewit Sons’ Incorporated.
- 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.
