Overview
Description
Berkshire Hathaway Inc. is a diverse multinational conglomerate respected for its wide array of holdings and subsidiaries across different industries. Initially a textile manufacturing company, it has evolved into an investment powerhouse under the guidance of its renowned chairman and CEO, Warren Buffett. The company's primary function is to manage a large portfolio of wholly acquired businesses and substantial minority holdings in various publicly traded companies.
Key sectors impacted by Berkshire Hathaway's operations include insurance, with subsidiaries like GEICO and Berkshire Hathaway Reinsurance Group; utilities and energy through Berkshire Hathaway Energy; and transportation with BNSF Railway. The firm also has significant interests in consumer goods, retail, and finance, maintaining industry-leading operations in those areas.
Its market significance is substantial, as it is one of the largest and most widely respected investment entities globally. Berkshire Hathaway Inc. plays a pivotal role in financial markets due to its strategic acquisitions and investment decisions, influencing investor sentiment and market dynamics. Headquartered in Omaha, Nebraska, it continues to exemplify prudent investment strategies and sustainable business growth.
About
CEO
Mr. Warren E. Buffett
Employees
392400
Address
3555 Farnam Street
Omaha, 68131, NE
United States
Omaha, 68131, NE
United States
Phone
402 346 1400
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Insurance - Diversified
Country
Germany
MIC code
XDUS