David S. Gottesman,
a low-profile investment manager who was an ally of
died Wednesday at the age of 96, according to his company, First Manhattan Co.
Mr. Gottesman, known to friends as Sandy, was a longtime confidant of Mr. Buffett and served on the board of
Berkshire Hathaway Inc.
Forbes estimated his fortune at $2.9 billion and said most of it came from his ownership of Class A shares of Berkshire Hathaway.
In 1964, he founded First Manhattan, an investment company that takes a long-term approach and says it manages more than $20 billion of assets for its clients.
Mr. Gottesman also was a trustee of the American Museum of Natural History and of the Mount Sinai Medical Center.
He shunned publicity. “The only time a whale gets harpooned is when he surfaces,” Mr. Gottesman told the New York Times in 2013.
His father, Benjamin Gottesman, was a banker and investment manager. His mother, Esther G. Gottesman, was a prominent supporter of Jewish and Israeli causes.
Write to James R. Hagerty at [email protected]
Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8