Walter Scott Jr Net Worth is$1.8 Billion
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Profession: Businessperson
Date of Birth: 1931
Country: United States of America
Walter Scott, Jr. net worth: Walter Scott, Jr. is a businessman and philanthropist with a net worth of $1.8 billion dollars which makes him the second richest person in Nebraska behind Warren Buffett. Born in Omaha, Nebraska, Walter Scott, Jr., graduated from Colorado State University with a degree in Civil Engineering in the early 50s. After completing school, he began to work for Kiewit Construction, which later became known as Peter Kiewit Sons' Inc. He was elected to the board in 1964, and then became President of the company fifteen years later. Later that same year, he was appointed Chairman. A childhood friend of Warren Buffet, he joined the board of Berkshire Hathway and amassed a large portion of his current fortune when Berkshire Hathaway bought MidAmerican Energy. Peter Kiewit Sons' Inc., split into two divisions in the late 90s, and he is now Chairman of Level 3 Communications, one arm of the company, while continuing to serve as Chairman Emeritus for the main arm. He also sits on the boards of RCN Corporation and Valmont Industries, among other firms.
Walter Scott, Jr. (born 1931 in Omaha, Nebraska) is an American civil engineer, philanthropist, and former CEO of Peter Kiewit Sons' Incorporated. Scott was the 1997 recipient of the Horatio Alger Award and consistently ranks among the wealthiest Americans. He sits on the Board of Berkshire Hathaway, and is a childhood friend of Warren Buffett. 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 serves on the board of directors of Berkshire Hathaway, Burlington Resources, Commonwealth Telephone Enterprises, Level 3 Communications Inc., MidAmerican Energy Holdings, RCN Corporation, Valmont Industries, and Peter Kiewit Sons' Inc. He is a director of the Joslyn Art Museum, Nebraska Game and Parks Foundation, and the Omaha Development Foundation. Nationally, he is a director of the Horatio Alger Association and the National Forest Association.
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 is currently 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. With his wife, Suzanne, he founded the public, non-profit Suzanne and Walter Scott Foundation which has funded the Scott Atrium & Education Center at University of Nebraska Medical Center, the Scott Technology Center in Omaha, and The Summit: Bechtel Family National Scout Reserve. In 2011 he committed $10 million to the construction of Engineering II, a $70 million, 122,000 square feet (11,300 m2) building which will house interdisciplinary energy, environment and health programs at Colorado State University.
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Walter Scott Jr.'s $53 million gift to alma mater, Colorado State, is largest in school's history

Omaha businessman Walter Scott Jr. has donated $53.3 million to Colorado State University, the largest contribution in the school’s history. The money will go toward scholarships, faculty support and research, said the university, which will name its ...
Posted: November 28, 2016, 12:09 pm

The Black and White Views of Charleston's Racially Charged Murder Trials

An April 2015 smartphone video showing Slager shooting Walter Scott, an unarmed 50-year-old black man ... There was a unity march across the Arthur Ravenel Jr. Bridge after the shooting. But a lot of my black students remarked upon the thinness of the ...
Posted: December 1, 2016, 11:44 am

Two from CSU named to 40 Under Forty list

She was able to secure a $12 million naming gift for the Suzanne and Walter Scott Jr. Bioengineering Building, the largest single gift to CSU until recently, when Walter Scott contributed $53.3 million to name the entire College of Engineering. For ...
Posted: November 29, 2016, 12:00 am
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