Owner of Berkshire Hathaway: Berkshire Hathaway, Inc. is a diversified conglomerate that operates in various industries, including reinsurance, manufacturing, retail, property and casualty insurance, utilities and energy, finance, freight rail transportation, and services.
The company provides its offerings through different subsidiaries and business segments.
Notably, the manufacturing division of Berkshire Hathaway contributes to its diverse portfolio of businesses. Additionally, the company plays a significant role in the utilities and energy sector through Berkshire Hathaway Energy. GEICO, a well-known subsidiary, utilizes direct response methods as its primary approach for underwriting insurance for private passenger cars.
Furthermore, the Berkshire Hathaway Reinsurance Group segment employs various underwriting methods, including facultative, quota-share, and excess-of-loss reinsurance. This ensures a robust approach to risk management and enhances the company’s overall stability.
Among its extensive operations, Berkshire Hathaway’s Burlington Northern Santa Fe, LLC (BNSF) plays a crucial role in the freight rail transportation industry. BNSF’s comprehensive network facilitates the efficient movement of goods and commodities across the United States.
With a focus on service and retailing, Berkshire Hathaway operates across different sectors, providing customers with a wide range of products and services to meet their needs.
Berkshire Hathaway Ownership
Warren Buffett, the esteemed American business magnate, investor, and philanthropist, currently holds the positions of chairman and CEO in his company, where he possesses an impressive 30.71% ownership stake, making him the majority shareholder.
Furthermore, in addition to his notable holdings in the company Pilot Flying J, Mr. Buffett also serves as the sole owner of several other esteemed enterprises, including GEICO, BNSF Railway, Fruit of the Loom, Helzberg Diamonds, Lubrizol, Duracell, Dairy Queen, Long & Foster, FlightSafety International, Shaw Industries, Pampered Chef, Forest River, and NetJets.
Moreover, Mr. Buffett has significant minority stakes in several prominent public companies, thereby diversifying his investment portfolio. These include Apple (5.57 percent), Bank of America (11.9 percent), The Coca-Cola Company (9.32 percent), Kraft Heinz Company (26.7 percent), and American Express (18.8 percent), solidifying his status as a savvy and influential investor in various industries.
As it is a publicly listed company, it holds many owners. Here is a list of top shareholders:
| Stockholder’s name | Stake | Shares | Value |
|---|---|---|---|
| The Vanguard Group, Inc. | 9.95% | 129,403,265 | $34,553,259,820 |
| BlackRock Fund Advisors | 5.74% | 74,624,844 | $19,926,325,845 |
| SSgA Funds Management, Inc. | 5.54% | 72,123,068 | $19,258,301,617 |
| Bill & Melinda Gates Foundation T… | 2.67% | 34,689,845 | $9,262,882,412 |
| Geode Capital Management LLC | 2.37% | 30,883,157 | $8,246,420,582 |
Net Worth Or Revenue
The Berkshire Hathaway Primary Group segment is primarily responsible for underwriting multiple lines of property and casualty insurance policies for commercial accounts. On the other hand, the BNSF segment takes charge of managing North American railroad systems. Moving on to the Berkshire Hathaway Energy segment, its focus lies in the regulated electric and gas utility business, encompassing power generation, distribution, and real estate brokerage.
Berkshire Hathaway has a net worth of $730 billion.
| Company Name | Berkshire Hathaway |
| Type | Public |
| Total assets | $958.8 Billion |
| Net income | $89.8 Billion |
| Revenue | $276.1 Billion |
| CEO | Warren E. Buffett |
| Total equity | $514.9 Billion |
| Net Worth | $730 Billion ($0.730 trillion) |
In summary, Berkshire Hathaway’s diversified business model, comprising subsidiaries like McLane Company, GEICO, and BNSF, enables the company to thrive in multiple industries, cementing its position as a prominent player in the global market.