Which company is Warren Buffett’s conglomerate, known for owning GEICO and BNSF Railway?

Berkshire Hathaway is Warren Buffett’s conglomerate, known for owning GEICO and BNSF Railway.

Berkshire Hathaway is a holding company with businesses and investments spanning insurance, rail transportation, utilities, energy, manufacturing, retail, and financial assets. Its insurance operations include GEICO and General Re, while BNSF Railway is one of the largest freight railroad systems in North America.

Warren Buffett began buying shares in the struggling textile company Berkshire Hathaway in the 1960s. After gaining control, he shifted the business away from textiles and toward insurance and long-term investments. Charlie Munger was Buffett’s longtime business partner and vice chairman until his death in 2023.

Berkshire is unusual among the world’s biggest public companies because its Class A shares have an exceptionally high per-share price and it has historically avoided stock splits. Market capitalization still depends on total shares and prices, so a high individual share price alone does not determine whether a company is among the richest.