Berkshire Hathaway is led by which investor, who became its chief executive in 1965?

Berkshire Hathaway is led by Warren Buffett, who became its chief executive in 1965.

Buffett began buying Berkshire Hathaway shares in the early 1960s, when it was a struggling textile manufacturer. After gaining control, he shifted the company away from textiles and toward insurance, investments, and ownership of operating businesses. Berkshire’s insurance subsidiaries supplied investable funds known as float, which became central to its financial model.

Under Buffett, Berkshire acquired or held interests in businesses including GEICO, BNSF Railway, and numerous consumer brands. It also became famous for holding large stakes in publicly traded companies. The company’s annual shareholder meeting in Omaha is sometimes called “Woodstock for Capitalists” because of its popularity with investors.

Buffett is the chief executive associated with Berkshire’s transformation, while Charlie Munger was his longtime vice chairman and intellectual partner. Buffett’s investment style emphasizes understandable businesses, durable competitive advantages, and long holding periods rather than frequent trading.