From Wikipedia, the free encyclopedia This is a list of subsidiaries, equities, and cash equivalents owned by multinational holding company Berkshire Hathaway.
From Wikipedia, the free encyclopedia Warren Edward Buffett (/ ˈbʌfɪt / BUFF-itt; born August 30, 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway.
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Berkshire Hathaway traces its roots to a textile manufacturing company established by Oliver Chace in 1839 as the Valley Falls Company in Valley Falls, Rhode Island. Chace had previously worked for Samuel Slater, the founder of the first successful textile mill in America. Chace founded his first textile mill in 1806. In 1929, the Valley Falls Company merged with the Berkshire Cotton Manufacturing Company established in 1889, in Adams, Massachusetts. The combined company was known as Berkshire Fine Spinning Associates. In 1955, Berkshire Fine Spinning Associates merged with the Hathaway Manufacturing Company which had been founded in 1888 in New Bedford, Massachusetts by Horatio Hathaway with profits from whaling and the China Trade. Hathaway had been successful in its first decades, but it suffered during a general decline in the textile industry after World War I. At this time, Hathaway was run by Seabury Stanton, whose investment efforts were rewarded with renewed profitability a...
Berkshire's class A shares sold for $339,188 as of January 8, 2020, making them the highest-priced shares on the New York Stock Exchange, in part because they have never had a stock split and have only paid a dividend once since Warren Buffett took over, retaining corporate earnings on its balance sheet in a manner that is impermissible for mutual funds. Shares closed over $100,000 for the first time on October 23, 2006. Despite its size, Berkshire had for many years not been included in broad stock market indices such as the S&P 500 due to the lack of liquidity in its shares; however, following a 50-to-1 split of Berkshire's class B shares in January 2010, and Berkshire's announcement that it would acquire the Burlington Northern Santa Fe Corporation, parent of BNSF Railway, Berkshire replaced BNSF in the S&P 500 on February 16, 2010. Buffett's letters to shareholders are published annually. Barron'ssaid Berkshire was the most respected company in the world in 2007, based on a surv...
Insurance and reinsurance business activities are conducted through approximately 70 domestic and foreign-based insurance companies. Berkshire's insurance businesses provide insurance and reinsurance of property and casualty risks primarily in the United States. In addition, as a result of the General Re acquisition in December 1998, Berkshire's insurance businesses also includes life, accident, and health reinsurers, as well as internationally based property and casualty reinsurers. Berkshir...
Utilities and energy group
Berkshire currently holds 89.8% of Berkshire Hathaway Energy. At the time of purchase, Berkshire's voting interest was limited to 10% of the company's shares, but this restriction ended when the Public Utility Holding Company Act of 1935 was repealed in 2005. A major subsidiary of Berkshire Hathaway Energy is Northern Powergrid, which operates in the UK. Until a name change on April 30, 2014, Berkshire Hathaway Energy was known as MidAmerican Energy Holdings Co.
Finance and financial services
Berkshire acquired Clayton Homes, a maker of modular homes, storage trailers, chassis, intermodal piggyback trailers and domestic containers. Clayton's finance business, (loans to manufactured home owners), earned $206 million down from $526 million in 2007. Loan losses remain 3.6% up from 2.9%.Business data for Berkshire Hathaway Inc. Class A stock:Business data for Berkshire Hathaway Inc. Class B stock:
- Jordan Rosenfeld
- Apple Inc. Symbol: AAPL. Holdings: 1,003,466,264. Share price: $108.77. Value: $109,147,025,535. Share of portfolio: 48.037% More From GOBankingRates. These Are the Best Banks of 2021 – Did Yours Make the Cut?
- Bank of America Corp. Symbol: BAC. Holdings: 1,032,852,006. Share price: $24.08. Value: $24,871,076,304. Share of portfolio: 10.946%
- Coca-Cola Co. Symbol: KO. Holdings: 400,000,000. Share price: $48.62. Value: $19,448,000,000. Share of portfolio: 8.559%
- American Express Co. Symbol: AXP. Holdings: 151,610,700. Share price: $93.40. Value: $14,160,439,380. Share of portfolio: 6.232%
He is popularly referred to as the "Warren Buffett of India" and the "King of Bull Market".  Jhunjhunwala invested ₹ 26 Crores (US$ 3.4 Million) in A2Z Maintenance increasing his stake in the company by 3.57% to 23.2%. The first big profit of Rakesh Jhunjhunwala was ₹5 lakh in 1986.
- The Burlington Northern Santa Fe Railway BNSF. The BNSF combines the operations of over 390 historic American railroads. The BNSF’s most famous predecessor is the Santa Fe, or Atchison, Topeka, and Santa Fe.
- Duracell. This battery maker cashes in on our love of all things electronic by providing power from everything from watches to boats. Duracell is poised to profit from America’s aging population with a line of hearing-aid batteries.
- Fruit of the Loom. America’s best-known underwear manufacturer is a perfect example of a low-profile company that makes products that are not glamorous.
- GEICO. This auto insurance giant is Berkshire Hathway’s highest-profile holding because of vast amounts of silly advertising. Geico’s mascot, the Gecko, is a constant presence on American television, in particular.
Jul 18, 2021 · To be compared with Warren Buffett or the company he founded is quite a compliment. It's rare to find a company that's really following in Buffett's footsteps, but Boston Omaha (NASDAQ:BOMN) is ...
- GEICO. Type of Business: Insurance. Acquisition Cost: $2.3 billion. Acquisition Date: January 2, 1996 Revenue (FY 2019): $35.6 billion. Earnings Before Taxes (FY 2019): $1.5 billion
- Burlington Northern Santa Fe Corporation (BNSF) Type of Business: Freight Railroad. Acquisition Price: $34.5 billion Acquisition Date: February 12, 2010
- McLane Co. Type of Business: Supply Chain Services. Acquisition Price: $1.5 billion Acquisition Date: May 23, 2002 Revenue (FY 2019): $49.8 billion. Earnings Before Taxes (FY 2019): $2.6 billion
- Precision Castparts Company (PCC) Type of business: Industrial Components Manufacturing. Acquisition Price: $37.2 billion including debt. Acquisition Date: January 29, 2016.