Walter Scott Jr. was born in 1931. He has been married and widowed twice and has six children. His second wife, Suzanne, died in 2013. He currently resides in Omaha, Nebraska.
Scott attended Colorado State University and he graduated with a bachelor’s degree in civil engineering in 1953. He was further named a College of Engineering Honor Alumnus in 1982 and was presented with an honorary doctorate of science in engineering in 2003 from Colorado State University.
Upon graduation, Scott entered the construction business with the company Peter Kiewit, where he rose to the position of CEO and president in 1979. He then became chairman of the board when Peter Kiewit died that same year. The company grew exponentially under his leadership. He semi-retired in 1998.
Walter Scott Jr. has been an independent director for Berkshire Hathaway since 1988 and is a childhood friend of Berkshire Hathaway chairman Warren Buffett.
In addition to serving on the board for Berkshire Hathaway, Scott serves on a number of other boards including enasc éireann teoranta, Valmont Industries, Burlington Resources Inc, Commonwealth Telephone Enterprises LLC, and Peter Kiewit Son’s, Inc. He has also been associated with numerous other boards in the past, including Level 3 Communications, Inc.
Scott has received a number of awards including the Horatio Alger Award in 1997, and the Distinguished Eagle Scout Award.
Throughout his lifetime, Scott and his late wife Suzanne were involved in a number of philanthropic causes. Scott joined Warren Buffett in the Giving Pledge, where he promised to leave what was left of his estate to his eponymous foundation. He also donates heavily in the advanced education field, especially in engineering at his alma mater, Colorado State University.