Journalism of Courage
Berkshire Hathaway
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Berkshire Hathaway: A Conglomerate Colossus Berkshire Hathaway Inc, headquartered in Omaha, Nebraska, has evolved from a textile manufacturer into a multinational conglomerate under the stewardship of Warren Buffett and Charlie Munger. Since Buffett assumed control in 1965, the company's impressive ...
- Company type Public
- Industry Conglomerate
- Founded 1839
- Founders Oliver Chace
- Headquarters Blackstone Plaza, Omaha, Nebraska, U.S.
- Area served Worldwide
- Key people Warren Buffett (chair &
- Revenue US$371.4 billion (2024)
- Net income US$88.99 billion (2024)
- Number of employees 392,400 (2024)
- Subsidiaries See List of subsidiaries
- Website www.berkshirehathaway.com
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Berkshire Hathaway history
Last Updated : 28/03/25, 08:52 AM
Berkshire Hathaway: From Textiles to a Conglomerate Colossus Berkshire Hathaway's journey began in 1955 as a textile manufacturer, a sector Warren Buffett would later deem his biggest investment mistake. The initial merger of Hathaway Manufacturing and Berkshire Fine Spinning created a sizeable oper...
BERKSHIRE HATHAWAY NEWS
Who is Greg Abel, the newly announced successor of Warren Buffett as Berkshire Hathaway CEO?
May 04, 2025 4:51 pm
Greg Abel Berkshire Hathaway CEO: Warren Buffett is set to step down at the age of 94. Here is why the change of guard is making waves, and what is known about Abel, as he prepares to follow one of the most well-known names in business to lead the $1.18 trillion conglomerate.
Warren Buffett to step down as Berkshire CEO after 60 years at helm, passes baton to Abel
May 04, 2025 10:34 am
Berkshire's annual shareholder weekend, which Buffett calls "Woodstock for Capitalists," annually draws tens of thousands of people to Omaha for the meeting and for a series of shareholder events across the city, including shopping.
Warren Buffett's Berkshire Hathaway removes diversity and inclusion from annual report
February 23, 2025 2:18 am
The company joined dozens of major US companies including Amazon.com, Boeing, Citigroup, Ford, McDonald's, Morgan Stanley and Walmart in curbing public support or initiatives for diversity, equity and inclusion in the workplace.
Top 10 companies set to join the trillion-dollar club
September 11, 2024 1:48 pm
Top Companies Joining Trillion-Dollar Club 2024: Taiwan Semiconductor Manufacturing Company (TSMC) is expected to reach a trillion-dollar market cap by 2025 with an average annual growth rate of 32.14%.
Who is Warren Buffett, CEO of Berkshire Hathaway which attained a $1 trillion market cap?
August 31, 2024 7:50 pm
Warren Buffett is well-regarded in investment circles for his acumen and business principles which have helped him amass at least $146 billion in personal wealth. His is also the only non-tech company to have hit the $1 trillion milestone.
Warren Buffett surprises by slashing Berkshire Hathaway's longtime Apple stake in second quarter
August 04, 2024 11:45 pm
Warren Buffett has consistently lavished praise on Apple CEO Tim Cook, who attended Berkshire's annual meeting in Omaha in May, and talked about the way consumers are feverishly devoted to their iPhones and don't like to switch.
Berkshire halves Apple stake, boosts cash to $277 billion as it gets 'defensive'
August 04, 2024 7:20 am
Berkshire's results released on Saturday suggest the 93-year-old Buffett, one of the world's most revered investors, is growing wary about the broader US economy, or stock market valuations that have gotten too high.
Charlie Munger, who was Warren Buffett's right-hand man at Berkshire, dies at 99
November 29, 2023 3:59 pm
The death of Charlie Munger, a Berkshire vice chairman since 1978, marks an end of an era in corporate America and investing.
Berkshire Hathaway adds to Japan trading company holdings
June 19, 2023 1:21 pm
Berkshire announced stakes in Itochu, Marubeni, Mitsubishi Corp, Mitsui & Co and Sumitomo in 2020 and adding in line with plans to hold the stakes long term and increase them as far as 9.9 per cent.
Mukesh Ambani's Reliance Industries climbs 8 spots to 45th rank on Forbes' Global 2000 list
June 13, 2023 1:38 pm
Reliance was ranked ahead of well-known names like Germany's BMW Group, Switzerland's Nestle, China's Alibaba Group, US-based Procter & Gamble and Japan's Sony.
