From a gambling tycoon with a global empire to a member of storied banking Rothschild family, 26 billionaires passed away this year. Here’s what they are remembered for.
of famed investor Warren Buffett. He sat on the board of Buffett’s Berkshire Hathaway and owned—along with his family—about a 6% stake in the firm. Scott started his career as CEO of construction company Peter Kiewit and later partnered with Buffett to buy utility MidAmerican Energy, which was later renamed Berkshire Hathaway Energy, for $2 billion in 2000in an interview after Scott’s death.
He also had investments in industrial buildings, shopping malls and hotels, taking advantage of government policies meant to develop Hong Kong’s industrial areas.controlled Germany brake manufacturer Knorr-Bremse AG. After working his way up through the legal department in the 1960s and 1970s, Thiele took over the company in the 1980s. He stepped down in 2007 and was named an honorary chairman. At the time of his death, Thiele also owned 50% of railroad equipment maker Vossloh and 12.
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