Berkshire Hathaway

Extracted Attributes

• Type

  Multinational conglomerate holding company

• Founded

  1839-01-01

• Founder

  Oliver Chace

• Employees

  360,000

• Headquarters

  Omaha, Nebraska, United States

• Chairman and CEO

  Warren Buffett

• Primary Business

  Insurance

• S&P 500 Component

  Yes

• Successor to Buffett

  Greg Abel

• Vice Chairman (1978-2023)

  Charlie Munger

• Fortune Global 500 Ranking

  9th

• Fortune 500 Ranking (by revenue)

  5th

• Class A Shares Price (August 2024)

  $700,000

• Market Capitalization (August 2024)

  Over $1 trillion

• Shareholder Returns CAGR (1965-2023)

  19.8%

• Warren Buffett's Overall Economic Interest

  15.1%

• Shareholder Returns CAGR (10 years ending 2023)

  11.8%

• Warren Buffett's Ownership (Class A voting shares)

  38.4%

Timeline

• Founded as a textile manufacturer by Oliver Chace. (Source: Wikidata, Wikipedia)

  1839-01-01

• Formed from the merger of Hathaway Manufacturing Company and Berkshire Fine Spinning Associates. (Source: Wikipedia)

  1955-XX-XX

• Warren Buffett gained control of the company, initiating its transformation into a conglomerate. (Source: Wikipedia, summary)

  1965-XX-XX

• Charlie Munger became Vice Chairman of the company. (Source: Wikipedia)

  1978-XX-XX

• Charlie Munger's tenure as Vice Chairman concluded. (Source: Wikipedia)

  2023-XX-XX

• Became the first non-technology company to be valued at over $1 trillion. (Source: Wikipedia, summary)

  2024-08-XX

• Class A shares reached $700,000, holding the highest per-share price globally. (Source: Wikipedia, summary)

  2024-08-XX

Berkshire Hathaway

Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger (from 1978 to 2023). Greg Abel now oversees most of the company's investments and has been named as Buffett's successor. Buffett personally owns 38.4% of the Class A voting shares of Berkshire Hathaway, representing a 15.1% overall economic interest in the company. The company is often compared to an investment fund; between 1965, when Buffett gained control of the company, and 2023, the company's shareholder returns amounted to a compound annual growth rate (CAGR) of 19.8% compared to a 10.2% CAGR for the S&P 500. However, in the 10 years ending in 2023, Berkshire Hathaway produced a CAGR of 11.8% for shareholders, compared to a 12.0% CAGR for the S&P 500. From 1965 to 2023, the stock price had negative performance in only eleven years. In August 2024, Berkshire Hathaway became the eighth U.S. public company and the first non-technology company to be valued at over $1 trillion on the list of public corporations by market capitalization. Berkshire Hathaway is ranked 5th on the Fortune 500 rankings of the largest United States corporations by total revenue and 9th on the Fortune Global 500. Berkshire is one of the ten largest components of the S&P 500 and is on the list of largest employers in the United States. Its class A shares have the highest per-share price of any public company in the world, reaching $700,000 in August 2024, because the board of directors has historically been opposed to stock splits.

Web Search Results

• Berkshire Hathaway - Wikipedia

  Berkshire Hathaway Inc. (/ˈbɜːrkʃər/) is an American multinational conglomerate "Conglomerate (company)") holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate "Conglomerate (company)") starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger (from 1978 to 2023). Greg Abel now oversees most of the company's investments and has been named as the successor to Buffett. [...] Berkshire Hathaway originated as a textile manufacturer formed in 1955 from the merger of Hathaway Manufacturing Company and Berkshire Fine Spinning Associates.[\[12\]]( After the merger, Berkshire Hathaway had 15 plants employing over 12,000 workers with over $120 million in revenue, and was headquartered in New Bedford.[\[16\]]( However, seven of those locations were closed by the end of the 1950s, accompanied by large layoffs. [...] Berkshire Hathaway is ranked 5th on the _Fortune_ 500 rankings of the largest United States corporations by total revenue and 9th on the _Fortune_ Global 500.[\[9\]]( Berkshire is one of the ten largest components of the S&P 500[\[10\]]( and is on the list of largest employers in the United States. Its class A shares have the highest per-share price of any public company in the world, reaching $700,000 in August 2024, because the board of directors has historically been opposed to stock

• Berkshire Hathaway Inc. (BRK-B) Stock Price, News, Quote & History

  Berkshire Hathaway is a holding company with subsidiaries in a diverse range of industries, including insurance, railroads, utilities, energy, finance, manufacturing, and retailing. Its major subsidiaries include GEICO, Burlington Northern Santa Fe, Precision Castparts, and McLane Company. As of March 31, 2025, Berkshire also had about $259 billion of equity investments, including significant stakes in Apple Inc., Bank of America, Coca-Cola, American Express, and Chevron. [...] Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from these and its other operations over the years to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the companies that make up [...] Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; operates railroad systems in North America; generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate

• Berkshire Hathaway Inc. (BRK-A) Stock Price, News, Quote & History

  Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from these and its other operations over the years to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the companies that make [...] Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from these and its other operations over the years to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the companies that make [...] Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from these and its other operations over the years to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the companies that make

• Berkshire Hathaway (BRK.B) Stock Price & Overview

  sm:text-small">Buy</td></tr><tr class="flex flex-col border-b border-default py-1 sm:table-row sm:py-0"><td class="whitespace-nowrap px-0.5 py-[1px] xs:px-1 sm:py-2">Price Target</td><td class="whitespace-nowrap px-0.5 py-[1px] text-left text-smaller font-semibold tiny:text-base xs:px-1 sm:py-2 sm:text-right sm:text-small">535.50 (+4.24%)</td></tr><tr class="flex flex-col border-b border-default py-1 sm:table-row sm:py-0"><td class="whitespace-nowrap px-0.5 py-[1px] xs:px-1 sm:py-2" [...] border-default py-1 sm:table-row sm:py-0"><td class="whitespace-nowrap px-0.5 py-[1px] xs:px-1 sm:py-2" data-svelte-h="svelte-uh4gim">Open</td><td class="whitespace-nowrap px-0.5 py-[1px] text-left text-smaller font-semibold tiny:text-base xs:px-1 sm:py-2 sm:text-right sm:text-small">514.25</td></tr><tr class="flex flex-col border-b border-default py-1 sm:table-row sm:py-0"><td class="whitespace-nowrap px-0.5 py-[1px] xs:px-1 sm:py-2">Previous Close</td><td class="whitespace-nowrap px-0.5 [...] text-left text-smaller font-semibold tiny:text-base xs:px-1 sm:py-2 sm:text-right sm:text-small">37.52</td></tr><tr class="flex flex-col border-b border-default py-1 sm:table-row sm:py-0"><td class="whitespace-nowrap px-0.5 py-[1px] xs:px-1 sm:py-2" data-svelte-h="svelte-1nsbsre">PE Ratio</td><td class="whitespace-nowrap px-0.5 py-[1px] text-left text-smaller font-semibold tiny:text-base xs:px-1 sm:py-2 sm:text-right sm:text-small">13.69</td></tr><tr class="flex flex-col border-b border-default

• Berkshire Hathaway | BRK.B Stock Price, Company Overview & News

  Berkshire Hathaway, Inc. provides property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, retailing, and services. It operates through following segments: GEICO, Berkshire Hathaway Reinsurance Group, Berkshire Hathaway Primary Group, Burlington Northern Santa Fe, LLC (BNSF), Berkshire Hathaway Energy, McLane Company, Manufacturing, and Service and Retailing. The GEICO segments involves in underwriting private passenger [...] DATE OPEN HIGH LOW CLOSE ADJUSTED CLOSE VOLUME May 27, 2025 506.43 509.75 505.01 509.16 509.16 4,553,557 May 23, 2025 501.00 505.50 500.25 503.46 503.46 3,166,844 May 22, 2025 505.10 507.40 502.64 503.57 503.57 3,244,774 May 21, 2025 507.41 510.00 505.40 507.03 507.03 3,815,801 May 20, 2025 511.11 512.08 506.55 508.74 508.74 3,736,959 May 19, 2025 513.62 513.79 510.10 512.39 512.39 3,441,451 May 16, 2025 509.63 514.33 506.80 514.31 514.31 4,997,321 [...] automobile insurance mainly by direct response methods. The Berkshire Hathaway Reinsurance Group segment consists of underwriting excess-of-loss and quota-share and facultative reinsurance worldwide. The Berkshire Hathaway Primary Group segment comprises of underwriting multiple lines of property and casualty insurance policies for primarily commercial accounts. The BNSF segment operates railroad systems in North America. The Berkshire Hathaway Energy segments deals with regulated electric and

• Image

  

• Country

  United States

• Founder

  Oliver Chace

• Employees

  360,000

• Instance Of

  Q219577

• Headquarters

  Omaha

• Inception Date

  1/1/1839

Berkshire Hathaway Inc. (/ˈbɜːrkʃər/) is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from which it invests the float (the retained premiums) in a broad portfolio of subsidiaries, equity positions and other securities. The company has been overseen since 1965 by its chairman and CEO Warren Buffett and (since 1978) vice chairman Charlie Munger, who are known for their advocacy of value investing principles. Under their direction, the company's book value has grown at an average rate of 20%, compared to about 10% from the S&P 500 index with dividends included over the same period, while employing large amounts of capital and minimal debt. The company's insurance brands include auto insurer GEICO and reinsurance firm General Re. Its non-insurance subsidiaries operate in diverse sectors such as confectionery, retail, railroads, home furnishings, machinery, jewelry, apparel, electrical power and natural gas distribution. Among its partially owned businesses are Pilot Flying J (38.6%), Kraft Heinz Company (26.7%), American Express (18.8%), Bank of America (11.9%), The Coca-Cola Company (9.32%) and Apple (5.57%). Berkshire is the seventh largest component of the S&P 500 index and the top-ranked company in the Forbes Global 2000, which takes into account both market value and fundamental data. Its class A shares have the highest per-share price of any public company in the world, reaching $500,000 in March 2022, because Buffett chooses not to split the stock.