Rank: 18
Previous rank: 24
CEO: Warren E. Buffett
Employees: 288,500
Previous rank: 24
CEO: Warren E. Buffett
Employees: 288,500
Berkshire Hathaway’s per-share book value rose 14.4%
in 2012, but it was less than the Standard & Poor 500’s 16% gain.
Amid a stock market that hit record highs, the index has outperformed
Berkshire over the past four years.
CEO Warren Buffett called 2012 a “subpar” year, saying if the market continues to gain this year, the benchmark stock index could have its first five-year win ever. Though the Omaha, Neb.-based holding company made no major acquisitions, it started 2013 with a big one: Ketchup! Berkshire teamed up with 3G Capital for a $23 billion acquisition of H.J. Heinz.
Beyond all that’s Americana, Berkshire continued to see opportunities in the printed word. It spent $344 million to buy 28 daily newspapers. In the future, Buffett expects more purchases of newspapers if the price is right.
CEO Warren Buffett called 2012 a “subpar” year, saying if the market continues to gain this year, the benchmark stock index could have its first five-year win ever. Though the Omaha, Neb.-based holding company made no major acquisitions, it started 2013 with a big one: Ketchup! Berkshire teamed up with 3G Capital for a $23 billion acquisition of H.J. Heinz.
Beyond all that’s Americana, Berkshire continued to see opportunities in the printed word. It spent $344 million to buy 28 daily newspapers. In the future, Buffett expects more purchases of newspapers if the price is right.
Headquarters:
3555 Farnam St.
Omaha, Nebraska. 68131
U.S.
402-346-1400
Website: www.berkshirehathaway.com
3555 Farnam St.
Omaha, Nebraska. 68131
U.S.
402-346-1400
Website: www.berkshirehathaway.com
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