Berkshire Hathaway Inc.
News and overview for Berkshire Hathaway Inc.
NetJets could fly to profit in 2010 as companies spend more
Aviation eBrief | 13 days 15 hours 48 minutes ago
...500 million in the first nine months of 2009, NetJets Inc. will likely return to profit in 2010 as corporations...aircraft, according to its owner, Warren Buffet's Berkshire Hathaway Inc. Analysts agreed that U.S. firms may turn to NetJets...
NetJets CEO Santulli unexpectedly resigns
Aviation eBrief | 109 days 16 hours 48 minutes ago
NetJets Inc. Chairman and CEO Richard Santulli...internal clashes among NetJet owner Berkshire Hathaway's senior management. Berkshire Chairman Warren Buffett appointed David Sokol, head of Berkshire unit MidAmerican Energy Holdings...
2 Results
Company Overview
| Company: | Berkshire Hathaway Inc. |
|---|---|
| Industry: | Investment Firms |
| Website: | http://www.berkshirehathaway.com |
Berkshire Hathaway is where Warren Buffett, the world's second-richest man (behind his good buddy Bill Gates), spreads his risk by investing in a variety of industries, from insurance and utilities to apparel and food, and building materials to jewelry and furniture retailers. Its core insurance subsidiaries include National Indemnity, GEICO Corporation, and reinsurance giant General Re. The company also owns Dairy Queen, Fruit of the Loom, Johns Manville, Clayton Homes, Helzberg Diamonds, McLane Company, and MidAmerican Energy Holdings. Known as the Oracle of Omaha, Buffett holds more than a quarter of Berkshire Hathaway, which owns more than 70 firms and has stakes in more than a dozen others.
Key Numbers
| Sales in U.S. Dollars (mil.) | 107,786 (2008) |
|---|---|
| One-year % Growth in Sales | -8.8 (2008) |
| Net Income in U.S. Dollars (mil.) | 4,994 (2008) |
| One-year % Growth in Net Income | -62.2 (2008) |
| Number of Employees | 246,000 (2008) |
| One-year % Growth in Number of Employees | 5.6 (2008) |
| Fiscal Year-End | December |