With a market cap of $774.24 billion, Berkshire Hathaway is an American conglomerate holding company that has controlling interest in more than 60 companies, and has partial ownership in 20 more. From the team at Indyfin comes this infographic showing all of the companies that Berkshire Hathaway owns. Among the companies that Berkshire Hathaway owns is a very impressive list, with companies including Geico, Berkshire Hathaway Specialty Insurance, MedPro Group, Benjamin Moore, Dairy Queen, Fruit of the Loom, Herzberg Diamonds, Nebraska Furniture Mart and Marmon, among many others.
There are also many companies that Berkshire Hathaway has partial ownership in. This group of companies include notable companies like Pilot (38.60% ownership), Chevron (2.00% ownership), General Motors (3.60% ownership), Verizon (3.80% ownership), Bank of America (12.80% ownership), the Coca-Cola Company (9.20% ownership) and American Express (19.90% ownership). Berkshire Hathaway, which is owned by well-known billionaire and philanthropist Warren Buffet, was originally founded in 1839 in New Bedford, Massachusetts.
One of the industries in particular that Berkshire Hathaway owns several companies in is insurance, with that list of companies including Geico, Berkshire Hathaway Reinsurance Group, MedPro Group Inc., MLMIC Insurance Company, United States Liability Insurance Companies, and Central States Indemnity. Berkshire Hathaway also has several companies in the manufacturing space, including Acme Brick Company, Benjamin Moore, Brooks Sports, Clayton Homes, Fechheimer Brothers Company, Lubriozl Corporation, and the Scott Fetzer Company. In 2021, Berkshire Hathaway made $5.6 billion from their share of Apple earnings alone, and from 2020 to 2021, their ownership in Apple increased from 5.39% to 5.55%. In fact, each 0.1% of Apple’s earnings in 2021 equates to approximately $100 million.
Warren Buffet is the 5th richest person in the world in 2022 according to the Forbes “World Billionaire List”. However, there was a time that he was much more dominant on the world stage: He topped the list of the world’s richest people for many years until he was overtaken by Bill Gates in 1995. In 2008, he topped the list again for a single year with a net worth of $62 Billion until he was succeeded by Bill Gates once again.