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 Latest News

Colorado State gets record $53 million donation from graduate Walter Scott Jr.

The gift from Walter Scott Jr., who graduated in 1953, will provide wide-reaching support for student scholarships, faculty excellence and research, the school announced Tuesday morning. CSU’s College of Engineering will be renamed the Walter Scott Jr ...
Posted: November 15, 2016, 5:29 am

‘Do great things,’ Walter Scott, Jr. tells students

On April 19, Walter Scott, Jr. was the guest of honor at a celebration of the college that now bears his name. The Walter Scott, Jr. College of Engineering held a naming ceremony for the Omaha philanthropist and civil engineering alumnus who recently gave ...
Posted: April 24, 2017, 7:31 am

UNO will rename campus for Walter Scott Jr.

The University of Nebraska at Omaha plans to rename one of its campuses for a benefactor who has given hundreds of millions of dollars in support of the university. The south campus, or Pacific Campus, will be renamed Scott Campus in honor of Walter Scott ...
Posted: July 21, 2016, 10:00 am
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