What Companies Does Berkshire Hathaway Own?

Are you curious to know who currently owns the iconic Berkshire Hathaway?

The multinational conglomerate has been around since 1839 and has evolved considerably over time.

Today, its holdings include familiar names such as Dairy Queen, Fruit of the Loom, Geico insurance company, and even a portion of Kraft Foods group.

Berkshire Hathaway is one of the most successful conglomerate holding companies in the world.

With a portfolio that spans various industries, the company has invested in some of the biggest and most reputable brands out there.

Who Owns Berkshire Hathaway?

The majority shareholder and CEO is none other than the renowned investor, Warren Buffett.

In fact, he owns around 38% of the company’s outstanding shares, making him one of the richest people in the world.

However, there are other investors who own a piece of the pie as well.

With a market capitalization of over $500 billion, Berkshire Hathaway is undoubtedly one of the most successful and influential companies in the world.

Those looking to invest in the company, are actually investing in the wisdom and acumen of Warren Buffett, who has guided the company to prosperity over the years.

What Companies Does Berkshire Hathaway Own?

From insurance and finance to consumer goods and energy, Berkshire Hathaway’s subsidiaries include big household names like the following.

1. GEICO

GEICO is owned by Berkshire Hathaway.

The company also has a large stake in Kraft Heinz Company, American Express, and Bank of America.

In addition to this, it also holds significant investments in Apple Inc., Coca-Cola Company, and Wells Fargo & Co.

All these investments make Berkshire Hathaway one of the most powerful players in the market today.

2. Duracell

Duracell is a household name, known for producing high-quality, long-lasting batteries.

The company has been part of Berkshire Hathaway since 2016 and its products are used across the world in many different industries.

Duracell also produces hearing aid batteries and flashlights, as well as other power solutions for consumer electronics.

Furthermore, it offers custom battery packs to military customers worldwide

3. Dairy Queen

Dairy Queen, or DQ as it is more commonly known, is a fast-food chain serving up ice cream treats and burgers.

It has been part of the Berkshire Hathaway family since 1997 and currently has more than 6,500 locations around the world.

Dairy Queen also owns Orange Julius, Karmelkorn, and other brands that are popular in the U.S.

The company offers some of the most popular frozen treats, such as Blizzards and sundaes, to its customers.

4. Fruit of the Loom

Fruit of the Loom is an American clothing manufacturer that specializes in producing apparel for men, women, and children.

Founded in 1851, Fruit of the Loom was acquired by Berkshire Hathaway in 2002 and has since become a staple of American fashion.

The company produces an extensive range of clothing, from pajamas to undershirts, as well as socks and underwear.

Fruit of the Loom is also known for its iconic “Fruit of the Loom” logo which has been featured on its products since the early 1900s.

5. BNSF Railway

BNSF Railway is one of the largest railroads in North America and is owned by Berkshire Hathaway.

The company, formed in 1995, operates more than 32,500 route miles of track across 28 states and 3 Canadian provinces.

It transports freight for a variety of industries such as energy, industrial products, agricultural goods, and consumer goods.

BNSF is renowned for its efficient service and has a strong commitment to safety, environmental sustainability, and community involvement.

6. Helzberg Diamonds

Established in 1915, Helzberg Diamonds is a jewelry chain owned by Berkshire Hathaway.

With more than 230 stores across the United States, the company specializes in diamonds and provides customers with a wide selection of engagement rings, wedding bands, necklaces, bracelets, and earrings.

As well as its own lines of jewelry designs, Helzberg also sources ethically sourced diamonds from suppliers around the world.

7. Precision Castparts

Precision Castparts, acquired by Berkshire Hathaway in 2016, is a global manufacturer of complex metal components for the aerospace and industrial industries.

The company produces parts for commercial and military aircraft, medical implants, naval vessels, and oil and gas infrastructure.

Precision Castparts is well known for its consistent quality control standards as well as its innovative approach to manufacturing.

With the keen investment eye of Warren Buffett, the company has proven to be a powerhouse in the business world, continuously growing and delivering value to shareholders and consumers alike.

When Was Berkshire Hathaway Founded?

The origins of Berkshire Hathaway can be traced all the way back to the 1830s when Oliver Chace founded a textile mill in Massachusetts.

Fast forward to 1962, when Warren Buffett began buying shares of the company, and you have the beginnings of what would become one of the most successful investment firms in the world.

Despite its humble origins, Berkshire Hathaway has become a household name and a symbol of financial prosperity.

Who is the CEO of Berkshire Hathaway?

The person at the helm of this legendary conglomerate is Warren Buffett, often called the Oracle of Omaha.

Over the years, Buffett has become one of the most respected and admired figures in the business world, owing to his remarkable investing acumen and his folksy, down-to-earth demeanor.

Under his leadership, Berkshire Hathaway has grown and expanded into a massive multinational corporation with interests in everything from insurance to railroads to candy.

For those wondering who the CEO of Berkshire Hathaway is, the answer is clear: it’s Warren Buffett, a truly singular figure in the realm of American business.

What is Berkshire Hathaway’s Net Worth?

As of October 2023, the net worth of Berkshire Hathaway is estimated to be around $764.99 billion making it one of the wealthiest companies on the planet.

Headed by legendary investor Warren Buffet, the conglomerate has a diverse portfolio that includes everything from insurance to retail, and its success provides a blueprint for other companies looking to achieve longevity and wealth.

The business acumen of Berkshire Hathaway’s leadership, combined with wise investment decisions and a focus on long-term goals, has helped propel the company to incredible financial heights.

Where is the Headquarters of Berkshire Hathaway?

Berkshire Hathaway company is headquartered in Omaha, Nebraska.

That’s right, one of the largest and most influential companies in the world is based in the heart of the Midwest.

And while you might expect a flashy, high-rise headquarters for such a powerhouse company, the actual Berkshire Hathaway offices seem quite humble.

In fact, they’re located in a nondescript part of town, with a simple sign out front that reads “Berkshire Hathaway Inc. – World Headquarters.”

But don’t let the unassuming exterior fool you – inside those walls, some of the most brilliant financial minds in the world are hard at work.

What is the Annual Revenue of Berkshire Hathaway?

In June 2023, Berkshire Hathaway’s annual revenue for the last 12 months was a staggering $332.94 billion.

This revenue was made possible due to its diverse portfolio of successful subsidiaries which range from insurance, energy, manufacturing, retail, finance, and many more.

The company’s success over the years has made its chairman, Warren Buffett, one of the richest men in the world.

Clearly, Berkshire Hathaway’s massive yearly revenue is a testament to the effectiveness of its business model and the growth it has achieved over time.

How Many Employees Does Berkshire Hathaway Have?

The total number of employees under the Berkshire Hathaway umbrella stands at around 391,500 individuals.

This is a staggering figure that highlights just how vast and important this company is, both to its employees and to the economy as a whole.

It is truly remarkable to see how one company can create so many job opportunities and sustain such a vast workforce.

Final Thoughts

The story of Berkshire Hathaway is one that shows the power of entrepreneurial spirit and investment savvy.

From its beginnings as a New England-based textile company in 1839 to its current incarnation as one of the world’s most powerful and influential corporations, it has come a very long way.

Warren Buffett has not only been the driving force behind its growth but also an inspiration for its shareholders.

With billions in revenues and hundreds of thousands of employees around the globe, it’s safe to say Berkshire Hathaway is an incredible success story.

It is not only a testament to Buffett’s business acumen but also to the steadfast vision that he set forth long ago for what his company could achieve: financial stability, growth, and philanthropy.

For investors and entrepreneurs alike, Berkshire Hathaway always stands as an example of ambition realized.

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