Birth Day | August 30, 1930 |
Birth Place | United States |
Age | 93 YEARS OLD |
Birth Sign | Virgo |
Net Worth: | $530 Billion |
Berkshire Hathaway, one of the most prominent conglomerates in the United States, is estimated to have a staggering net worth of $530 billion in 2024. With its headquarters in Omaha, Nebraska, Berkshire Hathaway is renowned for its diverse portfolio of businesses that span various industries, including insurance, railroad, energy, and manufacturing. Led by the legendary investor Warren Buffett, the company has garnered a reputation for its long-term investment approach and consistent profitability. With its continued success and growth, Berkshire Hathaway remains a powerhouse in the American business landscape.
Buffet decided to sell his shares. He, and the primary owner of Hathaway, agreed on a selling price, but when the paperwork arrived, Hathaway's owner, Seabury Stanton, had altered the numbers. In a fit of pique, Warren Buffet decided not sell. Though it was not a wise financial decision, since the company was failing, Mr. Buffet has since diversified the company's holdings, and turned it into the eighth largest public company in the world. The company now owns and operates an insurance arm, including GEICO, an utilities and energy group, multiple clothing manufacturers, including Fruit of the Loom, building products manufacturers, financial groups, and multiple retail arms. It employs 260,000 people.