Berkshire Hathaway (US)

Berkshire Hathaway Inc., situated in Omaha, Nebraska, was formed in 1955. This foundation resulted from a much-anticipated merger between Massachusetts enterprises Hathaway Company (founded in 1888) and Berkshire Company (founded in 1889, which subsequently renamed itself as Berkshire Associates in 1929).

Buffett's investor group ultimately acquired the firm around 1965. After that, it swiftly gained popularity due to Buffett's corporate finance technique, which included purchasing inexpensive stocks or corporations. Buffett built a once-struggling textiles firm into one of the world's largest and most valuable companies and stocks, with a market capitalization of over $1 trillion.

Berkshire Hathaway initially (and continues to do so today) owned many insurance companies. They include Indemnity Company and Fire & Marine Insurance (now a part of Indemnity), both of which were purchased in 1967. There is also Geico, which was obtained in 1996 and is now a part of Indemnity Group. By 1985, Buffett had liquidated the business's textile assets and had finalized the firm's transformation into a holding company. Since then, Berkshire Hathaway has maintained a varied portfolio, acquiring shares or companies in industries as diverse as food, clothes, transportation, and even information technology.

Founded: 1985

Headquarters: Omaha, Nebraska

Website: https://www.berkshirehathaway.com/