Island Drive resident David Sanford “Sandy” Gottesman, billionaire and a longtime friend of Warren Buffett, died this past Wednesday at the age of 96. Gottesman served on the board of Berkshire Hathaway. He founded the New York City firm First Manhattan in 1964. The firm announced his passing:
“It is with heavy hearts that we share the news of the passing of our founder David Sanford “Sandy” Gottesman on September 28, 2022, at age 96. He made an immeasurable and lasting impact as a husband, father, businessman, investor, mentor, and philanthropist.
Sandy was the visionary behind First Manhattan Co. and an extraordinary leader of the Firm. Beyond his investing acumen, Sandy was known for his integrity, intellectual curiosity, and his extensive philanthropy. His ability to mentor those around him to professional and personal excellence and his commitment to the highest ethical standards forged the culture on which First Manhattan prides itself today.
It has been a profound honor for us to work alongside Sandy. In honoring his memory, the needs of our clients will continue to be paramount and serving you capably will continue to be our primary focus.
We thank you for your continued support.”
Very private, Gottesman told the New York Times in 2013 “The only time a whale gets harpooned is when he surfaces”.
Learn more about Sandy Gottesman:
- Interview of Sandy Gottesman for the HBO / Kunhardt Film Foundation (KFF) Documentary “Becoming Warren Buffett” May 18, 2016:
