David Sokol is an American business executive and he has an estimated net worth of $200 million. Born David L. Sokol in 1956 in Omaha, Nebraska, he was the youngest among the five children of a father who managed a grocery store in Omaha and a mother who suffered from breast cancer when he was just 11 years old. He had several works to help the family with the expenses. When he entered the University of Nebraska, he had a busy and focused life as he juggled school (during the day) and work at night. When he graduated in 1978, he worked as a structural engineer for HDR, Inc. because he was already married and has a child on the way.
Sokol has long been working with Bershire Hathaway. From April 19, 1993 to April 16, 2008, he served as the Chief Executive Officer of MidAmerican Energy Holdings Company (formerly CalEnergy Company Inc.), a subsidiary of Berkshire Hathaway Inc. Since its formation in 1999, he served as Chief Executive Officer and Chairman of the Board of Managers of MidAmerican Funding LLC, a subsidiary of MidAmerican Energy Holdings, of which Berkshire Hathaway holds a 100% and 89.8% stake respectively. His involvement with the multinational conglomerate holding company made him the most likely successor to William Buffett until he abruptly resigned in March 2011.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2016 |
Asset |
Amount he spent for the purchase of Yachter’s Paradise in Fort Lauderdale |
$19,900,000 |