This corporate company (Berkshire Hathaway) is a conglomerate holding company that exclusively invests in businesses operating in the non-industrial sector. It is one of the largest owners of businesses in the world, owning 80 subsidiaries and operating companies in more than 50 industries.
Today, Berkshire has interests across many sectors, including automobiles, retailing services, energy services, and financial services.
General information
Formerly called: | Valley Falls Company (1839–1955) |
Address: | 3555 Farnam Street Omaha, NE 68131 United States |
Telephone: | 402-346-1400 |
Traded: | Class A NYSE: BRK.A / Class B NYSE: BRK.B |
Founded: | Founded 1839; Cumberland, Rhode Island, United States |
Founder: | Oliver Chace |
Website: | www.berkshirehathaway.com |
Where is Berkshire Hathaway headquarters located?
Berkshire Hathaway headquarters is located in Omaha, Nebraska, in the United States.
The company occupies a total of 316,057 square feet within two buildings. The primary building is 175,000 square feet, and the secondary building is 141,057 square feet. The buildings are located at: 3555 Farnam St, Omaha, NE 68131, United States
Contact Number: +1 402-346-1400
The company’s office hours are Monday through Friday, 8:00 am to 5:00 pm Central Standard Time.
Where Is the Berkshire Hathaway Corporate Office Headquarters?
Omaha, Nebraska, serves as Berkshire Hathaway corporate office; however, the company also has management teams located in New York City, Omaha, and Washington, District of Columbia. The headquarters can be located in Omaha Economic Development District, which is an area that is friendly to business and is home to a number of the city’s most prestigious corporations, including Berkshire Hathaway.
This location provides convenient access to the city’s substantial transportation infrastructure as well as a wide range of educational institutions, making it one of the most amenity-rich regions in the city. The region surrounding Omaha provides a number of additional conveniences, such as a convention center that is one of the top-notch in the country, an airport that is exceptionally large, and a thriving cultural scene that features museums, art galleries, and a wide variety of opportunities for entertainment.
How do I contact Berkshire Hathaway’s corporate office?
If you want to call or contact Berkshire Hathaway corporate office, you can do so by calling (402) 346-1400 or sending an email to [email protected].
Berkshire Hathaway Short History
The story of Berkshire Hathaway began in the early 1960s when US industrialist and investor Warren Buffett began looking for ways to diversify his wealth. He eventually decided to invest in insurance companies as a way to reduce his overall risk. From there, he began purchasing shares of National Indemnity Company, a company that provides insurance to a range of businesses, including oil refineries.
His investment eventually grew to the size of a holding company for a collection of insurance companies, including Geico, Nebraska Furniture Mart, and Midas. In 1967, the company rebranded itself as Berkshire Hathaway. In 2006, it fully acquired its first insurance company listed on the New York Stock Exchange; GEICO Corporation.
In 2010, Berkshire Hathaway rebranded all its subsidiaries and branches to be under the Berkshire Hathaway brand. In 2014, the company expanded into the finance sector by acquiring a majority stake in the American travel insurance company GEICO.
Berkshire Hathaway Product and services
- GEICO – GEICO is a leading provider of car insurance. The company provides insurance coverage for car loans and leases, as well as other types of car-related risks.
- MidAmerican Energy – MidAmerican Energy is a utility company that provides electricity and natural gas to customers in Iowa and other Midwestern states.
- American Express – The American Express Company provides a broad range of financial products and services, including credit cards and travel.
- Dairy Queen – Dairy Queen is a chain of ice cream parlors that serves a variety of sweet treats.
- GE – GE is a leading provider of industrial products and services, including power and renewable energy generation, oil and gas technology, and healthcare and transportation.
- Precision Castparts – Precision Castparts is a leading manufacturer of high-performance products and metals that is part of the conglomerate GE.
Each subsidiary is managed independently, with a focus on creating value for shareholders. Berkshire Hathaway’s decentralized structure allows for nimble decision-making and a long-term perspective.
The company’s insurance businesses are among the largest in the world, with Geico alone writing $19 billion in premiums in 2018. Berkshire Hathaway’s utility business is also sizable, with MidAmerican Energy serving more than 7 million customers in 11 states.
Berkshire Hathaway CEO and key executive team
NAMES | DESIGNATIONS |
Warren E. Buffett | Chairman and Chief Executive Officer of Berkshire. |
Marc D. Hamburg | The current VP and Treasurer of Berkshire. |
Gegory E. Abel | Vice Chairman of Non Insurance Operations |
Ajit Jain | Vice Chairman of Insurance Operations |
Charles T. Munger | Vice Chairman of the Board of Directors |
Source: berkshirehathaway.com |
What Company Owns Berkshire Hathaway?
Berkshire Hathaway is owned by the Berkshire Hathaway Corporation, which is a subsidiary of the holding company. The corporation is the primary source of liquidity and financing for the holding company’s subsidiaries. The corporation is owned by Warren Buffett and his wife, Susan.
Buffett began buying shares of GEICO in 1965 and eventually acquired a majority interest in the company. He eventually expanded Berkshire Hathaway’s portfolio to include a number of other insurance companies, including National Indemnity Company and American Indemnity Company. Buffett also owned a major stake in American Express, and when that company was acquired by Berkshire Hathaway, the private equity group TPG-Aramark, who had originally purchased the stake from Buffett, became the largest shareholder of the holding company.
What Company Owns Berkshire Hathaway?
Berkshire Hathaway is owned by the Berkshire Hathaway Corporation, which is a subsidiary of the holding company. The corporation is the primary source of liquidity and financing for the holding company’s subsidiaries.
The corporation is owned by Warren Buffett and his wife, Susan. Buffett began buying shares of GEICO in 1965 and eventually acquired a majority interest in the company. He eventually expanded Berkshire Hathaway’s portfolio to include a number of other insurance companies, including National Indemnity Company and American Indemnity Company.
Buffett also owned a major stake in American Express, and when that company was acquired by Berkshire Hathaway, the private equity group TPG-Aramark, who had originally purchased the stake from Buffett, became the largest shareholder of the holding company.
What kind of a company is Berkshire Hathaway registered as?
Berkshire Hathaway is registered as a holding company. While many businesses are registered as corporations, some prefer to register as holding companies as they do not have unlimited liability like corporations do. Holding companies are more typically used to hold other companies.
One advantage of using a holding company is that it allows a business to merge with another company without violating the federal Securities and Exchange Commission rule that prevents corporations from merging with other corporations. Barring a merger with another holding company, a company can only acquire one other company within a given period of time. The holding company is a hybrid between a corporation and a partnership, which means that it does not file any financial reports and does not pay any taxes.
Executive Summary
The Berkshire Hathaway Corporation is a holding company for a collection of businesses, including insurance companies, transportation services, and financial services. It is owned by billionaire investor and industrialist Warren Buffett and is headquartered in Omaha, Nebraska. The company is registered as a holding company and is not subject to unlimited liabilities like a corporation would be. It has 2.4 million employees and produces a variety of goods and services.