Berkshire Hathaway

Berkshire Hathaway Inc. Information

Berkshire Hathaway Inc.
Type Public
Holding company
S&P 500 Component
Industry Conglomerate
Founded 1839
(as Valley Falls Company)
Founder(s) Oliver Chace
Headquarters Omaha, Nebraska, U.S.
Area served Worldwide
Key people Warren E. Buffett
(Chairman & CEO)
Charles T. Munger
(Vice Chairman)
Products Property and casualty insurance, Diversified investments
Ticker Symbol New York: BRK
SIC Codes 6311 6321 6331 6719
Sector Insurance

Berkshire Hathaway Contact

440 Kiewit Plaza
Omaha, NE 68131
nited States
North America

Berkshire Hathaway Phone Number

Tel: +1 402 346 1400  

Fax: +1 402 346 3375  

Berkshire Hathaway Company Profile

Berkshire Hathaway is a holding company head quartered in Nebraska in the United States. In 1962, Warren Buffet bought stock of the Berkshire Hathaway company and continued to buy more stock till he took full control of the Berkshire Hathaway company. It owes subsidiaries in various businesses including insurance businesses. Warren Buffet is nation’s second wealthiest man and CEO of Berkshire Hathaway.

GEICO is the third largest auto insurance company in the United States which is subsidiary of Berkshire Hathaway. The company offers automobile insurance to individuals in overall 50 states in the U.S. and District of Columbia. The other known subsidiaries include General re and Berkshire Hathaway reinsurer. These subsidiaries underwrite property and casualty insurance. Some more subsidiaries that underwrite property and casualty insurance are National Indemnity Company, Medical Protective Company, U.S. Liability Insurance Company, Central States Indemnity Company.

General re is a holding company with subsidiaries in 55 cities and provides insurance and reinsurance all over the world. It provides property or casualty insurance and reinsurance, life or health insurance or reinsurance, underwriting management services.

Berkshire also has stakes in other companies like Buffalo News newspaper, Fruit of the Loom (FOL), Shaw industries, Mc Lane Company and candy and diamond companies. Berkshire Hathaway holds stocks of many private and public companies which include energy, manufacturing, retail and finance.

On the New York exchange, Berkshire Hathaway has the most expensive cost of shares. Berkshire Hathaway showed low performance in 2009 in the stock market.

However, in March 2011, Berkshire Hathaway took over Lubrizol (LZ) which is based in Ohio and produces lubricants for big engines.  The effect was seen by Lubrizol rising high at 27% on NYSE reaching a record of $134.

Berkshire Hathaway Board of Directors

Warren E Buffett, Chairman and CEO Charlotte Guyman, Director
Charles T Munger, Vice Chairman Donald R Keough, Director
Howard G Buffett, Director Thomas S Murphy, Director
Susan L Decker, Director Ronald L Olson, Director
William H Gates III, Director Walter Scott Jr, Director
David S Gottesman, Director