Berkshire Hathaway
Berkshire Hathaway

Berkshire Hathaway is the company that owns Duracell, GEICO, Fruit of the Loom, BNSF, Dairy Queen, Lubrizol, Helzberg Diamonds, Pampered Chef, Forest River, FlightSafety International, and NetJets. It is an American Based multinational conglomerate holding company. It also owns shares in other companies like pilot flying (38.6%), Kraft Heinz (26.7%), American Express (17.6%), Wells Fargo (9.9%), Bank of America (6.8%) and Apple (5.22%).

The company is led and controlled by Warren Buffet, who is the chief executive and chairman. The vice-chairman is Charlie Munger. If you want to know more about the Berkshire Hathaway company, stick around, here is its Inception, Evolution, and Net Worth.


Berkshire roots can e traced back to a Textile manufacturing company, which was established in 1839 by Oliver Chace. It was known as the Valley Rhode company and was located in Rhode Island. In 1929, the Falls merged with Berkshire, which was then a cotton Manufacturing company that was established in 1889 in Massachusetts. The two combined were known as Berkshire Fine Spinning Associates.

In 1995 the company merged with Hathaway Manufacturing Company, which was founded in 1888 by Horatio Hathaway. The later was successful in its early decades of operation, but it suffered a great blow during World War 1. After the merger, it became Berkshire Hathaway and had 15 plants and employing 12 000 workers. It had a revenue of an approximation of $120 million, and its headquarters was then located, New Bedford.


Warren Buffet started buying stock in Berkshire Hathaway in 1962, and this was after he was noticing the pattern in which stock price was closing with each time it closed a mill.  Due to the dilapidating of the finances of the company each year, Santon offered to buy back the shares $11. Buffet 5 per share. Buffet was in agreement with these deals. The buffet was offered a lower price when a written offer was given to him; he became angry and instead decided to buy more shares and fired Santon. However, this move was not good because he held major shares of a failing company.

In 1967, Buffet started diversifying and expanding into other industries and stopped relying on only the Textile industry. His first venture was the Insurance Business, and he purchased the National Indemnity Company. In 1970, he bought shares in the Government Employees Insurance Company (GEICO), which became the backbone and a major source of income for Berkshire Hathaway. By 1985, all the textile operations of Hathaway had been closed.

In 2010, Buffet regretted purchasing Berkshire Hathaway, he said had he invested this money in Insurance business it would have been more profitable and yielded better returns. Berkshire Hathaway shares sold at $339,188. This is the value of Class A shares.

Berkshire Hathaway currently is governed by the following Warren Buffet is the Chairman, Charlie Munger is the Vice president, and others include Howard Graham Buffett, Walter Scott, Ronald Olson, Charlotte Guyman, Bill Gates, Greg Abel, Thomas S murphy, Steve Burke, David Gottesman, Susan Decker, and Ajit Jain.

Awards and Achievement

Berkshire Hathaway ranked at the 3rd largest Public company in the world, and this is according to Forbes.

It is also ranked as the 10th largest conglomerate on the basis of revenue and the largest company that provides financial services by revenue globally.

Net Worth of Berkshire Hathaway in 2024

Berkshire Hathaway Net Worth
Berkshire Hathaway Net Worth

Berkshire Hathaway is having being founded by Warren Buffet, the fourth richest person in the world. You may wonder how wealth or how high is the value of this company.

As of April 2024, Berkshire Hathaway Net Worth is estimated to be approximately $710 billion. Its equity is valued at $348.7 billion, has 389,300 employees. Its huge net worth is due to the various investments they have done in different companies. The company has been ranked as the 3rd largest in the world in terms of revenue.

Berkshire Hathaway is ranked as the third-largest in the world. Its success is due to the entrepreneurial skills of the owner Warren Buffet. Even though it was bought a failing company and at some point, Warren regretted his decision to invest in this company, he didn’t give up, and he turned it into a  multi-billion business, it was a textile manufacturing company that diversified into a different business. The Net Worth of this company will definitely continue to increase and will be worth much more every year.


Please enter your comment!
Please enter your name here