David Sanford Gottesman, also called “Sandy”, was born on April 26, 1926. He currently resides in New York with his wife Ruth, whom he has been married to for more than 60 years.
Gottesman grew up in New York City and after graduation, attended Trinity College where he received a BA. He then went on to earn an MBA from Harvard Business School. He also received an Honorary Doctorate of Humane Letters from Yeshiva University.
After graduation, Gottesman continued his work in the world of investing, even fostering a friendship with the then-unknown Warren Buffett. In 1964, he founded the investment advisory firm First Manhattan. His son now runs the company, and he serves as principal.
Gottesman has been an independent director for Berkshire Hathaway since 2003. However, he was an early investor in Berkshire Hathaway and has been friends with Buffett since 1962.
Throughout the years, Gottesman has served on a number of boards including acting as a chariman emeritus at Yeshiva University. He is also a board member of the American Museum of Natural History.
Much like Buffett, Gottesman has donated millions of dollars to various charities over the years. A few of his favorite causes include education, health, human services, arts & culture, and Jewish causes in both the United States and Israel. He and his wife also donated $25 million to Yeshiva University Medical School. The funds were used to form the Ruth L. and David S. Gottesman Institute for Stem Sell Biology and Regenerative Medicine.