David L. Sokol Net Worth
Sophia Aguilar
Published Apr 10, 2026
David Sokol Net Worth: $200 Million
David Sokol is a businessman with a net worth of $200 million. He made headlines as Warren Buffet’s disgraced ex-heir after leaving Berkshire Hathaway Inc. amid accusations of violating insider-trading rules. Sokol held positions as Chairman, President, and CEO at NetJets and Chairman at MidAmerican Energy Holdings Company, two main Berkshire Hathaway units. Sokol started his career as a structural engineer at HDR, Inc. in 1978, dedicated to getting his salary above his age. He started working for Berkshire Hathaway Inc. in the early 1990s, earning recognition for achievements such as turning around Johns Manville and doing due diligence on BYD, a Chinese battery company in which Berkshire invested. Sokol receives $1 million annually from the company in retirement payments for his work at NetJets and MidAmerican Energy Holdings Company. Despite being regarded as a leading candidate to take over from Mr. Buffett, Sokol resigned from Berkshire Hathaway on March 28, 2011, following charges for breaching insider-trading rules. Sokol became the chairman of Seaspan.
