Billionaire Walter Scott, the past top executive of Peter Kiewit Sons Inc. construction firm who helped oversee Warren Buffett’s conglomerate and donated to various causes, particularly construction projects around Omaha, has died. He was 90.
OMAHA, Neb. — . The foundation did not mention a cause of death.
Scott, who grew up during the Great Depression after being born in Omaha in 1931, spent his entire career working for the Peter Kiewit Sons’ Inc. — the Omaha-based construction company, which builds major projects all over the world. He worked his way up from overseeing construction projects in California and New York to become the company’s executive vice president in 1965.
When Peter Kiewit died in 1979, Scott succeeded him as Chairman and CEO and led the company until 1998. He also went on to serve as chairman of a Kiewit spin-off, Level 3 Communications until that firm was bought in 2014. Scott had told the Omaha World-Herald that he intended for nearly all of his personal assets to be donated to his personal foundation, which supports projects in Omaha.
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