Which conglomerate owns GEICO, BNSF Railway, and Berkshire Hathaway Energy?

Berkshire Hathaway owns GEICO, BNSF Railway, and Berkshire Hathaway Energy. The company began as a textile manufacturer formed by the 1955 merger of Berkshire Fine Spinning Associates and Hathaway Manufacturing Company.

Warren Buffett acquired shares in Berkshire Hathaway during the 1960s and transformed it into an investment and operating conglomerate. Its businesses now include insurance, rail transportation, utilities, energy, manufacturing, retail, and consumer brands.

Berkshire Hathaway is not simply a mutual fund or holding company with only stock investments. It owns controlling interests in operating subsidiaries and also holds publicly traded investments. Berkshire’s annual shareholder meeting in Omaha is widely nicknamed “Woodstock for Capitalists.”