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BRK.B

496.25 USD
0.85
0.17%
Last update Mar 11, 3:59 PM EDT
Market closed
Day range
491.31009
499.14001
Previous close
497.10001
Open
496
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Berkshire Hathaway Inc.
496.25
0.85
0.17%

Overview

Description

Berkshire Hathaway Inc. is a multinational conglomerate holding company renowned for its diverse portfolio of subsidiaries and investments. Its primary function is to oversee and manage a range of businesses across various industries, driving substantial revenue and profit growth. Founded by Oliver Chace in 1839 and later transformed by Warren Buffett, Berkshire Hathaway has become a cornerstone of global business, largely due to its acquisition and management strategies. The company's subsidiaries include well-known brands like GEICO in insurance, BNSF Railway in transportation, and Dairy Queen in food services, reflecting its substantial impact across multiple sectors. Additionally, Berkshire Hathaway holds significant minority stakes in multinational corporations such as Apple and Coca-Cola, underscoring its influential role as a major institutional investor. In the financial markets, Berkshire Hathaway is significant due to its consistent performance and investment philosophy focused on value and long-term holdings. This strategic approach has made it a model for investment enthusiasts and a leader in the corporate landscape, epitomizing financial stability and industry leadership over several decades.

About

CEO
Mr. Warren E. Buffett
Employees
392400
Address
3555 Farnam Street
Omaha, 68131, NE
United States
Phone
402 346 1400
Instrument type
Common stock
Sector
Financial Services
Industry
Insurance - Diversified
Country
United States
MIC code
XNYS