Search results
Results from the WOW.Com Content Network
Berkshire Hathaway Inc. (/ ˈ b ɜːr k ʃ ər /) is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States.Founded in 1839 as a textile manufacturer, it underwent a drastic restructuring into a conglomerate starting in 1965 under the leadership of chairman and CEO Warren Buffett and vice chairman Charlie Munger.
Warren Buffett. Warren Edward Buffett ( / ˈbʌfɪt / BUF-it; born August 30, 1930) [2] is an American businessman, investor, and philanthropist who currently serves as the co-founder, chairman and CEO of Berkshire Hathaway. As a result of his investment success, Buffett is one of the best-known investors in the world.
This is a list of subsidiaries, equities, and cash equivalents owned by multinational holding company Berkshire Hathaway. Cash and equivalents [ edit ] As of March 31, 2024, Berkshire Hathaway had $28.891 billion in cash and cash equivalents and $153.444 billion in short-term investments in U.S. treasury bills.
Berkshire’s Class A stock has risen nearly 10% this year, beating the total 7.5% of the S&P 500. It closed the first quarter with a net profit of $12.7 billion, less than half of the $35.5 ...
Queue the bears. Berkshire Hathaway's ( BRK-A, BRK-B) cash pile hit another record high in the first quarter of $189 billion, the industrial giant said in its earnings release on Saturday. That ...
Berkshire Hathaway annual meeting: Key takeaways for investors. 1. Portfolio update. Berkshire’s first quarter results revealed that it trimmed its stake in Apple by about 13 percent. The iPhone ...
He sat on the board of Berkshire Hathaway, and was a childhood friend of Warren Buffett. He was also on the board of directors of Burlington Resources , Commonwealth Telephone Enterprises, Level 3 Communications Inc. , MidAmerican Energy Holdings , RCN Corporation , Valmont Industries , and Peter Kiewit Sons' Inc, and was the chairman of the ...
Succession planning is front and center at Berkshire Hathaway. Given the mutual fund nature of the company, bringing in a new CEO is basically bringing in a new portfolio manager. Although Buffett ...