Berkshire Hathaway

American multinational conglomerate holding company

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2025 Planned start of phased coal power station closures, with 15 additional stations to be ceased between 2025 and 2030.
2025 Reuters investigation revealed Berkshire Hathaway Energy continues operating highly polluting coal-fired power plants in the United States, facing criticism for plans to maintain these plants until at least 2049 despite environmental and public health concerns.
January 2025 The Consumer Financial Protection Bureau filed a lawsuit against Vanderbilt Mortgage and Finance, a Berkshire Hathaway subsidiary, alleging predatory lending practices that steered borrowers into unaffordable loans and caused significant financial hardship for consumers.
2024 Berkshire Hathaway continued its growth, with revenue reaching $371,433 million and net income at $88,995 million, with a slight reduction in employees to 392,400.
December 31 2024 Berkshire Hathaway filed its Form 13F-HR with the Securities and Exchange Commission, detailing its comprehensive investment portfolio across multiple sectors, including significant stakes in companies like Apple (2% ownership, 300 million shares), Bank of America (8.9% ownership, 680 million shares), and Coca-Cola (9.3% ownership, 400 million shares).
October 2024 Berkshire Hathaway purchased the remaining 8% stake from the family of Walter Scott Jr., bringing the company's ownership to 100%.
October 2024 Became full owner of several Berkshire Hathaway Energy subsidiaries, including AltaLink, Kern River Pipeline, Northern Natural Gas, NV Energy, and PacifiCorp, increasing ownership from 92% to 100%.
August 2024 Berkshire Hathaway became the eighth U.S. public company and first non-technology company to be valued at over $1 trillion, with class A shares reaching $700,000 in value.
January 2024 Became a full owner of Pilot Flying J.
January 2024 Berkshire Hathaway became a full owner of Pilot Flying J.
2023 Berkshire Hathaway Energy completed $34.1 billion in renewable energy project investments and shut down operations at 18 coal-fired power stations.
2023 The Alberta Human Rights Commission (AHRC) accepted a human rights complaint against Procor Limited, a railcar company owned by Marmon Holdings, a Berkshire Hathaway subsidiary. The complaint alleges retaliation, procedural misconduct, and abuse of the company's ethics reporting system.
2023 Berkshire Hathaway showed strong financial recovery, with revenue jumping to $364,482 million and net income rebounding to $96,223 million, and employee count increasing to 396,500.
2023 Charlie Munger stepped down from his role as vice chairman after 45 years. Greg Abel was named as Buffett's successor to oversee company investments.
2023 Completed full acquisition of Pilot Flying J by purchasing an additional 41.4% stake for $8.2 Billion.
November 28 2023 Charlie Munger passed away after serving as vice chairman of Berkshire Hathaway since 1978.
2022 Berkshire Hathaway experienced a significant financial challenge, reporting a net loss of $22,819 million, despite increasing revenue to $302,089 million and maintaining 383,000 employees.
2022 The annual shareholders' meeting cartoon featured a veterinarian who expanded his business using an American Express credit card.
October 19 2022 Acquired Alleghany Corporation for $11.6 Billion, which included subsidiary Jazwares in the toys sector.
August 2022 Berkshire Hathaway acquired a 1% stake in the company from Greg Abel for $870 million.
July 2022 Trident Mortgage Company, a Berkshire Hathaway subsidiary, agreed to a $20 million settlement with the U.S. Department of Justice and Consumer Financial Protection Bureau over allegations of redlining in Philadelphia, discriminating against Black and Latino neighborhoods in mortgage lending.
May 12 2022 Berkshire Hathaway reported its ownership in Liberty Sirius XM Group, holding 14.4% stakes in both Series A and Series C shares.
March 16 2022 Berkshire Hathaway's share price closed over $500,000 for the first time, marking a significant milestone 42 years after its initial public offering.
2021 Berkshire Hathaway rebounded with revenue increasing to $276,094 million and net income rising to $89,795 million, with employee count growing to 372,000.
2021 Berkshire Hathaway acquired approximately 6% stakes in five major Japanese conglomerates: ITOCHU Corporation, Mitsubishi Corporation, Marubeni Corporation, Sumitomo Corporation, and Mitsui & Co., Ltd.
2021 Berkshire Hathaway Energy acquired a 7.7% stake in BYD Company, a Chinese electric vehicle manufacturer.
May 2021 Warren Buffett named Greg Abel as his successor to become the next CEO of Berkshire Hathaway.
2020 Acquired BHE Gas Transmissions & Storage from Dominion Energy for $9.7 billion.
2020 During the COVID-19 pandemic, Berkshire Hathaway's revenue decreased to $245,510 million, with net income dropping to $42,521 million and employee count reducing to 360,000.
March 16 2020 Berkshire Hathaway sold The Buffalo News, a media company in which it held 100% ownership.
2019 Berkshire Hathaway saw significant growth in net income, jumping to $81,417 million from the previous year, with total assets reaching $817,729 million and employee count increasing to 391,500.
July 13 2019 Berkshire Hathaway sold its 100% ownership of Applied Underwriters insurance company.
2018 Berkshire Hathaway reported annual revenue of $247,837 million with a net income of $4,021 million and 389,000 employees.
June 3 2018 Berkshire Hathaway acquired Ebby Halliday Companies.
January 2018 Berkshire Hathaway appointed Ajit Jain as vice chairman of insurance operations and Greg Abel as vice chairman of non-insurance business operations.
October 3 2017 Initially acquired a 38.6% stake in Pilot Flying J for $2.76 Billion, entering the retail, food, beverage, and petroleum sectors.
August 2017 Proposed acquisition of Oncor Electric Delivery was terminated after being outbid by Sempra.
2016 The shareholders' meeting cartoon parodied the 1983 film Trading Places, featuring Munger, Jain, and the GEICO gecko manipulating the cocoa bean market to impact See's Candy.
February 29 2016 Acquired Duracell for $1.8 Billion, adding a major household products brand to its portfolio.
January 29 2016 Acquired Precision Castparts Corp. for $37 Billion.
July 2 2015 Berkshire Hathaway disposed of its 52.5% stake in H. J. Heinz Company as it merged into Kraft-Heinz.
May 9 2015 Berkshire Hathaway acquired 90% of Berkshire Hathaway Automotive (renamed from Van Tuyl Group).
February 20 2015 Berkshire Hathaway acquired Louis Motor.
2014 The company changed its name from MidAmerican Energy Holdings Company to Berkshire Hathaway Energy.
2014 Acquired AltaLink for C$3.24 billion.
December 1 2014 Berkshire Hathaway acquired AltaLink for C$3.24 Billion, a subsidiary of Berkshire Hathaway Energy.
August 14 2014 Berkshire Hathaway's share price closed over $200,000 for the first time.
July 1 2014 Berkshire Hathaway acquired WPLG-TV.

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