*** Welcome to piglix ***

Applied Underwriters

Berkshire Hathaway Inc.
Formerly called
Valley Falls Company
(1839–1955)
Public
Traded as
ISIN US0846707026
Industry Conglomerate
Founded 1839; 178 years ago (1839)
Cumberland, Rhode Island, U.S.
Founder Oliver Chace
Headquarters Kiewit Plaza, Omaha, Nebraska, U.S.
Area served
Worldwide
Key people
Products Diversified investments
property and casualty insurance
Utilities
Restaurant
Food processing
Aerospace
Media
Toys
Automotive
Sporting goods
Consumer products
Internet
Real Estate
Revenue IncreaseUS$223.60 billion (2016)
Decrease US$32.74 billion (2016)
Decrease US$24.07 billion (2016)
Total assets Increase US$620.85 billion (2016)
Total equity Increase US$283.00 billion (2016)
Owner Warren Buffett (32% Voting Rights, 18% Share Capital Ownership as of July-2016)
Number of employees
367,700 (2016)
Subsidiaries List of subsidiaries
Website berkshirehathaway.com

Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The company wholly owns GEICO, BNSF Railway, Lubrizol, Fruit of the Loom, Helzberg Diamonds, FlightSafety International, Pampered Chef, and NetJets, and also owns 26.7% of the Kraft Heinz Company, and significant minority holdings in American Express (17.0%), The Coca-Cola Company (9.4%), Wells Fargo (9.9%), IBM (6.9%) and Apple (2.5%). Since 2016, the company has acquired large holdings in the major US airline carriers and is currently the largest shareholder in United Airlines and Delta Air Lines and a top 3 shareholder in Southwest Airlines and American Airlines. Berkshire Hathaway has averaged an annual growth in book value of 19.0% to its shareholders since 1965 (compared to 9.7% from the S&P 500 with dividends included for the same period), while employing large amounts of capital, and minimal debt.

The company is known for its control and leadership by Warren Buffett, who is the company's Chairman of the Board, President, and Chief Executive Officer, and Charlie Munger, the company's Vice-Chairman of the Board of Directors. In the early part of Buffett's career at Berkshire, he focused on long-term investments in publicly traded companies, but more recently he has more frequently bought whole companies. Berkshire now owns a diverse range of businesses including confectionery, retail, railroad, home furnishings, encyclopedias, manufacturers of vacuum cleaners, jewelry sales, newspaper publishing, manufacture and distribution of uniforms, and several regional electric and gas utilities.


...
Wikipedia

...