Berkshire Hathaway is an American multinational conglomerate holding company based in Omaha, Nebraska. Originally formed as a textile manufacturer in 1955 from the merger of Hathaway Manufacturing Company and Berkshire Fine Spinning Associates, it transitioned into a diversified conglomerate following 📝Warren Buffett’s acquisition of a controlling interest in the mid-1960s. Under Buffett’s leadership as chairman and CEO, the company expanded through acquisitions in insurance, energy, transportation, manufacturing, and retail. Berkshire Hathaway is known for its disciplined investment strategy, long-term value orientation, and aversion to stock splits, resulting in its Class A shares achieving the highest price of any public company worldwide. In August 2024, it became the first non-technology U.S. company to reach a $1 trillion market capitalization and consistently ranks among the top U.S. corporations by revenue and assets. Notable subsidiaries include GEICO, BNSF Railway, Berkshire Hathaway Energy, and Dairy Queen.
