Wally Weitz

Board Member | he/him

Wally was born in Pittsburgh to a social worker and a college professor. He grew up in New Orleans in the 50’s and 60’s, where the roots of both entrepreneurial instinct and social conscience were evident early. He earned a B.A. in economics at Carleton College, where today he serves as a trustee, and went to New York to work for a small Wall Street firm. In 1973, Wally and Barbara moved to Omaha, in pursuit of Midwestern surroundings.

Wally joined Chiles, Heider, a regional investment firm where he spent 10 years managing accounts for individuals and doing equity research. In 1983, he founded Weitz Investment Management which currently manages roughly $6 billion in assets through its family of mutual funds and separately managed accounts. Most recently in 2022, Wally was elected to serve on the board of Berkshire Hathaway.