Berkshire Hathaway Inc. is America’s leading multinational holding company with headquarters located in Omaha, Nebraska, United States. The company was founded in the year 1839 by Oliver Chace and Warren Buffett. Berkshire is currently lead under Chairmanship of Warren Buffett and Charlie Munger (Vice Chairman).
The company is listed at NASDAQ and NYSE as Berkshire Hathaway Inc. (BRK-A) and Berkshire Hathaway Inc. (BRK-B). The share price value of above two categories as of November 2018 comes to $329,665 per share for Class A and $220 per share for the Class B shares.
Corporate Headquarters Address
- Headquarters Address: Kiewit Plaza, 3555 Farnam Street, Omaha NE 68131, Nebraska, USA
- Contact Email: firstname.lastname@example.org
- Phone Number: (402) 346-1400
Classification of Class A and Class B Shares
So the reason why company’s CEO Warren Buffett and other board of directors of the company introduced a second category of class B shares was the high price value of shares of the company which are now kept under Class A category. The company issued 517,500 numbers of shares pertaining to Class B category of shares at minimized prices.
List Of Acting Board members
The world’s richest man Bill Gates is one of the prestigious board members of the company including CEO Warren Buffet and his son Howard Graham Buffett.
The other board members of the company are Charlie Munger (currently serving as Vice Chairman), Meryl Witmer, Walter Scott, Jr., Ajit Jain, Ronald Olson, Charlotte Guyman, David Gottesman, Greg Abel, Susan Decker, Thomas S. Murphy and Steve Burke.
Brands and Stakes
The company own many famous brands which we have been using in our daily lives like Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds etc.
Berkshire Hathway is one of the leading group companies that owns many private companies, like a few mentioned above in the previous paragraph. The company also has investment stakes in stock holding of some of the popular leading public companies like Apple (AAPL)- 5.22%, American Express -17.6%, Bank of America (BAC)-6.8%, Pilot Flying J-38.6%; Kraft Heinz Company-26.7%, Wells Fargo (WFC)-9.9% and The Coca-Cola Company -9.4%.
Employees and Sectors
Generating employment for 389,373 number of employees, Berkshire Hathway group of companies major products and services can be seen in many sectors like investments, insurance, railroad, restaurants, aerospace, media, consumer products, real estate, internet etc., the list is too immense.
Article first published on January 26, 2020.
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