Which company’s Class A and Class B shares are associated with Warren Buffett’s conglomerate?

Berkshire Hathaway is Warren Buffett’s conglomerate, with publicly traded Class A and Class B shares.

Berkshire Hathaway grew from a struggling textile manufacturer into a diversified holding company under Buffett and longtime partner Charlie Munger. Its businesses include insurance, railroads, utilities, energy, manufacturing, retail, and investments in publicly traded companies.

The Class A shares are famous for their exceptionally high per-share price, while Class B shares were created in 1996 to make Berkshire ownership more accessible. Class B shares carry fewer voting rights and represent a smaller economic interest than Class A shares.

Berkshire’s market capitalization combines the value of its two share classes. It is often confused with an investment fund, but Berkshire is a publicly traded operating conglomerate that owns businesses directly as well as holding marketable securities.