Berkshire Hathaway became the first publicly traded US company outside the technology sector to reach a US$1 trillion market value in 2024. Its Class A shares pushed the conglomerate across the threshold in late August 2024.
Berkshire Hathaway owns operating businesses and large investment holdings rather than relying on one product. Its portfolio has included insurance operations, railroads, utilities, energy businesses, and significant stakes in companies such as Apple and Coca-Cola.
Warren Buffett has led Berkshire for decades, but the milestone was produced by the market value of the entire company, not by Buffett’s personal wealth. Berkshire’s two share classes also mean that financial reports commonly distinguish between Class A and Class B shares.