Berkshire Hathaway is a prosperous multinational conglomerate company. Berkshire Hathaway Inc. is headquartered in Omaha, Nebraska, United States of America. Kiewit Tower is the location of Berkshire's corporate offices in Omaha, Nebraska. Formerly this company was Valley Falls Company (1839-1955). This interesting public company is traded as NYSE: BRK.A (Class A), NYSE: BRK.B (Class B), S&P 100 component (BRK.B) and S&P 500 component (BRK.B). The fascinating company was founded in 1839 in Cumberland, Rhode Island, U.S.
The impressive huge company has great products: Diversified investments, Property & casualty insurance, Utilities, Restaurants, Food processing, Aerospace, Toys, Media, Automotive, Sporting goods, Consumer products, Internet and Real estate.
The number of employees (2018) - 389,373
Revenue (2018) - US$247.5 billion
Operating income (2018) - US$10.02 billion
Net income (2018) - US$4.02 billion
Total assets (2018) - US$707.8 billion
Total equity (2018) - US$348.7 billion
Berkshire Hathaway has owned shares of Charter Communications, Inc. (NASDAQ: CHTR) since 2014. Buffett owns around 7.5 million. These shares have a market value of around $2.2 billion.
The upper class company website is www.berkshirehathaway.com.
Here are Berkshire Hathaway Subsidiaries:
Berkshire Hathaway Energy
Berkshire Hathaway Automotive
Fruit of the Loom
Nebraska Furniture Mart
Oriental Trading Company
Precision Castparts Corp.
Benjamin Moore & Co.
Scott Fetzer Company
Borsheim's Fine Jewelry
National Indemnity Company
HomeServices of America
Burlington Northern Santa Fe, LLC
MidAmerican Energy Company
RC Willey Home Furnishings
The affluent company wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, and NetJets.
The well-to-do company also owns 38.6% of Pilot Flying J, 26.7% of the Kraft Heinz Company, and significant minority holdings in American Express (17.6%), Wells Fargo (9.9%), The Coca-Cola Company (9.4%), Bank of America (6.8%), and Apple (5.22%).
The opulent company is currently the largest shareholder in United Airlines and Delta Air Lines, and a top three shareholder in Southwest Airlines and American Airlines.
The upscale Berkshire Hathaway has averaged an annual growth in book value of 19.0% to its shareholders since 1965.
It's amazing what a diverse range of businesses Berkshire currently owns: confectionery, retail, railroads, home furnishings, encyclopedias, manufacturers of vacuum cleaners, jewelry sales, newspaper publishing, manufacture and distribution of uniforms, and several regional electric and gas utilities.
The moneyed Berkshire Hathaway has a lot of cash to spend to buy other companies. Keep an eye in the future for elephant-sized acquisitions. The future purchase could be FedEx.