Berkshire Hathaway became the first U.S. financial-services company to reach a $1 trillion market capitalization.
Berkshire Hathaway crossed the $1 trillion market-capitalization threshold in August 2024. Its valuation reflected the combined strength of operating businesses, insurance operations, and a large portfolio of investments rather than the scale of a single technology product.
Warren Buffett transformed Berkshire from a struggling textile manufacturer into a diversified holding company. Its major businesses have included GEICO, BNSF Railway, Berkshire Hathaway Energy, and a wide range of manufacturing, retail, and service companies. Berkshire also holds significant investments in publicly traded corporations.
Berkshire’s two share classes are often discussed separately: Class A shares are among the highest-priced publicly traded shares in the world, while Class B shares are designed to be more accessible. The company’s market capitalization combines the value of both classes.