The Hathaway Stock Price
Warren Buffett August 8th, 2010The history of Berkshire Hathaway
Berkshire Hathaway is a conglomerate holding company which was founded in 1839. At the beginning Berkshire Hathaway was focussed on textile operations, but later in In 1962 the legendary investor Warren Buffett bought the whole company and turned it into an investment holding. Since then the companies produced an averaged annual growth in book value of 20.3%.
Highest priced stock ever traded at NYSE
Due to the fact that Warren Buffett never executed a share split the class A shares were traded at an all-time high of $150,000 on December 13, 2007. In Dezember 2009 the a class shares were traded at 99.200 $ which made them highest priced stocks at NYSE. In 2009 the net income amounted to 8.015 Billion US Dollars with total revenues of 112.493 Billion US Dollars. The assests of the Berkshire Hathaway amounted to 297.119 Billion US Dollars. In 2005 the CEO of Berkshire Hathaway Warren Buffett owned 35 % of Berkshire Hathaway which made hin the second richest man in the world. Charlie Mugner the vice chairman of Berkshire Hathaway also owns enough hathaway stocks to make him a billionaire.
Berkshire Hathaway stock price Source: Google Finance
March 28th, 2011 at 00:42
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