Who is Walter Scott Jr.?
Background and Career
Walter Scott Jr. was a highly respected businessman and philanthropist who had a significant impact on the energy sector. He was born in 1931 and passed away in September 2021 at the age of 90. He was married to Carolyn, who passed away from cancer in 1984, and they had four children together. He later married Suzanne, who had two children from a previous marriage. Scott was a lifelong friend of Warren Buffet, and he served as a shareholder and director of Berkshire Hathaway Energy.
For many years, Scott was the CEO of Kiewit Corporation, which is one of the largest contractors in the world. He played an instrumental role in the growth of the company, and his leadership was critical to its success.
Berkshire Hathaway Energy
Berkshire Hathaway Energy is an investment company that focuses on sustainable energy. The company’s investments include MidAmerican Energy Company, which provides environmentally responsible energy to customers in Iowa, Illinois, South Dakota, and Nebraska. PacifiCorp, which is the largest grid owner/operator on the US West Coast, and BHE Renewables, which focuses on energy from wind, solar, geothermal, and hydroelectric sources.
Scott’s net worth was estimated at $4.2 billion, and he owned 9% of Berkshire Hathaway Energy. He was a visionary entrepreneur who recognized the importance of investing in sustainable energy, and he was committed to making a positive impact on the environment.
Scott was also a passionate philanthropist, and he made significant contributions to education and youth development. The Suzanne and Walter Scott Foundation, named after his late wife Suzanne, focuses on supporting the Omaha city community and promoting education and youth development. In 2016, Scott donated $53 million to Colorado State University School of Engineering to form the Walter Scott Jr. College of Engineering.
In conclusion, Walter Scott Jr. was a visionary entrepreneur, philanthropist, and leader who had a significant impact on the energy sector. His commitment to sustainable energy and philanthropy has left a lasting legacy, and his contributions will continue to benefit future generations.
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