Reinsurance, manufacturing, retail, property and casualty insurance, utilities and energy, finance, freight rail transportation, and services are all provided by Berkshire Hathaway, Inc.
It operates in the following ways: McLane Company, manufacturing, Berkshire Hathaway Energy, GEICO, B.H. Reinsurance Group, B.H. Primary Group, Burlington Northern Santa Fe, LLC (BNSF), and service and retailing.
Direct response methods are the primary method by which the GEICO segments underwrite insurance for private passenger cars. Underwriting facultative, quota-share, and excess-of-loss reinsurance are all parts of the Berkshire Hathaway Reinsurance Group segment.
Berkshire Hathaway Ownership:
American business magnate, investor, and philanthropist Warren Buffett Company’s chairman and CEO at the moment are him and had 30.71% of shares which makes him the owner of the company.
In addition to owning 38.6% of Pilot Flying J, the company is the sole owner of GEICO, BNSF Railway, Fruit of the Loom, Helzberg Diamonds, Lubrizol, Duracell, Dairy Queen, Long & Foster, FlightSafety International, Shaw Industries, Pampered Chef, Forest River, and NetJets. and significant minority stakes in public companies such as Apple (5.57 percent) Bank of America (11.9 percent), The Coca-Cola Company (9.32 percent), Kraft Heinz Company (26.7 percent), and American Express (18.8 percent).
As it is a publicly listed company, it holds many owners. Here is a list of top shareholders:
Stockholder’s name | Stake | Shares | Value |
---|---|---|---|
The Vanguard Group, Inc. | 9.95% | 129,403,265 | $34,553,259,820 |
BlackRock Fund Advisors | 5.74% | 74,624,844 | $19,926,325,845 |
SSgA Funds Management, Inc. | 5.54% | 72,123,068 | $19,258,301,617 |
Bill & Melinda Gates Foundation T… | 2.67% | 34,689,845 | $9,262,882,412 |
Geode Capital Management LLC | 2.37% | 30,883,157 | $8,246,420,582 |
Net Worth Or Revenue:
Underwriting multiple lines of property and casualty insurance policies for primarily commercial accounts is part of the Berkshire Hathaway Primary Group segment. North American railroad systems are managed by the BNSF segment. The regulated electric and gas utility business, which includes power generation and distribution as well as real estate brokerage, is the focus of the Berkshire Hathaway Energy segment.
Berkshire Hathaway has a net worth of $730 billion.
Company Name | Berkshire Hathaway |
Type | Public |
Total assets | $958.8 Billion |
Net income | $89.8 Billion |
Revenue | $276.1 Billion |
CEO | Warren E. Buffett |
Total equity | $514.9 Billion |
Net Worth | $730 Billion ($0.730 trillion) |