Peter Kiewit Net Worth (Updated 2026).
Peter Kiewit, a name that has become synonymous with construction and innovation, began his career in the early 20th century. Born in 1879, Kiewit started his journey at the age of 16, working as a laborer on the construction of the Union Pacific Railroad. His hard work and dedication caught the attention of his superiors, leading to promotions and eventually, in 1914, the establishment of his own company, Peter Kiewit Sons’ Company.
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Peter Kiewit’s Current Net Worth (2025)
As of 2025, Peter Kiewit’s net worth is estimated to be around $1.5 billion, according to the latest available information. This significant wealth is a testament to his successful career in construction and investments.
Career
Peter Kiewit began his career in 1953, joining his father’s construction company, Peter Kiewit Sons’ Inc. He served in various roles, eventually becoming the company’s president in 1965. Under his leadership, the company grew exponentially, becoming one of the largest construction firms in the United States. He retired in 1988 but remained active in the company’s affairs until his death in 1996.
Other Ventures
Beyond his construction empire, Kiewit has also ventured into other businesses. He was a significant shareholder in Berkshire Hathaway, Warren Buffett’s conglomerate. Additionally, he has made substantial investments in real estate and other industries, further diversifying his portfolio.
Assets
Kiewit’s assets include a substantial stake in Peter Kiewit Sons’ Inc., valued at over $1 billion. He also owns numerous properties across the United States, including his personal residence in Omaha, Nebraska. His art collection, which includes works by artists like Andy Warhol and Jackson Pollock, is also a notable asset.
Annual Income
Peter Kiewit’s annual income varies significantly due to the nature of his investments and business interests. However, as of 2025, his estimated annual income is around $50 million, primarily from his stake in Peter Kiewit Sons’ Inc. and his investments in Berkshire Hathaway.
Frequently Asked Questions about Peter Kiewit
**Frequently Asked Questions: Peter Kiewit Net Worth**
1. What is Peter Kiewit’s net worth?
Peter Kiewit’s net worth is estimated to be around $10 billion.
2. Who is Peter Kiewit?
Peter Kiewit was a Canadian businessman and philanthropist. He was the founder and former CEO of Kiewit Corporation, one of North America’s largest construction and engineering firms.
3. When was Peter Kiewit born?
Peter Kiewit was born on August 16, 1933, in Vancouver, British Columbia, Canada.
4. How did Peter Kiewit make his fortune?
Peter Kiewit made his fortune by building Kiewit Corporation from a small construction company into a major international construction and engineering firm.
5. What is Kiewit Corporation known for?
Kiewit Corporation is known for its work in heavy civil, infrastructure, and energy projects. Some of its notable works include the Hoover Dam, the Trans-Alaska Pipeline System, and the San Francisco-Oakland Bay Bridge.
6. What was Peter Kiewit’s role in Kiewit Corporation?
Peter Kiewit served as the CEO of Kiewit Corporation from 1965 until his retirement in 2009. He remained the company’s chairman until his death in 2018.
7. What was Peter Kiewit’s education background?
Peter Kiewit graduated from the University of British Columbia with a Bachelor of Science degree in Civil Engineering.
8. Was Peter Kiewit married? Did he have any children?
Yes, Peter Kiewit was married to Betty Kiewit. They had three children together: Bruce, Elizabeth, and David.
9. What was Peter Kiewit’s cause of death?
Peter Kiewit passed away on January 13, 2018, at the age of 84. The cause of his death was not disclosed.
10. What was Peter Kiewit’s philanthropic work?
Peter Kiewit was a prominent philanthropist. He and his wife established the Kiewit Foundation, which supports various charitable causes, including education, health, and social services. The Kiewit family has also made significant donations to the University of British Columbia and other educational institutions.
