Warren Buffett, aside from being one of the most famous billionaires in the world, is also the CEO of Berkshire Hathaway, which is a conglomerate holding company headquartered in Omaha, NE. The company has more than $950 billion in assets and owns a great deal of brands that are household names. Just how many companies does Berkshire Hathaway own?
Investment advisor platform IndyFin.com took a look at the companies, brands, and subsidiaries that Berkshire Hathaway has a stake in to create the following visualization:
The following companies are considered to the “Four Giants” of Berkshire Hathaway which contribute the most towards the company’s profits:
- Berkshire Hathaway’s portfolio of insurance companies (which Buffett has said will never go “obsolete”)
- Burlington Northern Santa Fe (BNSF) Railroad
- Berkshire Hathaway Energy
These are some of the other companies you may not know Berkshire Hathaway owns:
- Benjamin Moore
- Business Wire
- Dairy Queen
- Pampered Chef, Ltd.
- See’s Candy Shops, Inc.
Additionally, Berkshire Hathaway also owns stakes in the following companies (among others):
- The Kraft Heinz Company (26.6%)
- American Express (19.9%
- The Coca-Cola Company (9.2%)
- Mitsubishi Corporation (5.5%)
- Verizon (3.8%)
- GM (3.6%)
- Chevron (2.0%)
Overall, Berkshire Hathaway has a controlling interest in more than 60 different companies as well as partial stakes in 20 more. All of these investments give Buffett a net worth of about $126 billion (as of March 2022), making him the fifth richest person on the planet.
Did you know that Berkshire Hathaway owned all of these diverse companies?