Berkshire Hathaway
Berkshire Hathaway is a holding company that owns insurers such as GEICO, the BNSF railroad, a large energy business and many manufacturers, and invests the cash they produce.
It keeps a mountain of cash in Treasury bills.
The cash waits for large deals, and the company will not buy back shares if its cash falls below $30 billion.
How big is Berkshire Hathaway?
Insurance first, then many businesses.
- Insurance28%$104.2B
- Manufacturing21%$78.5B
- McLane14%$51.0B
- Service and retailing12%$42.6B
- Other25%
Insure. Invest the float. Own the rest.
- 1GEICO and reinsurance
- 2Float in stocks and Treasury bills
- 3BNSF, BHE and manufacturers
Premiums arrive before claims are paid, so Berkshire invests money that is not its own.
- Warren E. Buffett13.7%
CEO: Gregory E. Abel
- 1965Buffett becomes controlling shareholder
- 1970Buffett becomes Chairman and CEO
- 1996Berkshire acquires GEICO
- 2010Berkshire completes the BNSF acquisition
- 2024BHE becomes wholly owned
Every number on this page comes from Berkshire Hathaway's own reports.
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