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Walter Scott, Jr. & family
PROFILE
Walter Scott, Jr. & family
Deceased
Chairman, Level 3 Communications Inc.
$4.2B
2021 Forbes 400 Net Worth
as of 10/4/21
Photo by Andrew Goodman/Getty Images/Celebrity Fight Night
About Walter Scott, Jr. & family
Walter Scott Jr., a lifelong friend of Warren Buffett, died in September 2021 at age 90.
He owed the bulk of his $4.2 billion fortune to Berkshire Hathaway Energy, Buffett's massive utilities subsidiary.
Scott began his career at construction giant Peter Kiewit in his native Omaha, Nebraska, rising to the rank of CEO in 1979.
He pushed Kiewit into telecom, fiber optics and power plants before retiring from the company in 1998.
In 2000, Scott and Buffett partnered to buy utility MidAmerican Energy, later renamed Berkshire Hathaway Energy, for $2 billion.
Scott and his family owned more than 6% of Berkshire Hathaway Energy when he died. He sat on its board and the board of Berkshire Hathaway.
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