Warren Buffett is the world’s leading investor. Almost every investor in the world considers him his inspiration. Warren Buffett has done a feat that no one else has been able to do. His company Berkshire Hathaway has crossed the $1 trillion mark. It has become the first non-tech company to do so.
Let us tell you that the company’s shares rose 0.8 percent on Wednesday. After that Berkshire Hathaway made a record of becoming a $1 trillion company. Till now only technology companies have been able to cross this figure.
Berkshire Hathaway’s stock gave a return of about 30 percent
Bershire Hathaway’s shares have made investors rich this year. The company’s shares have climbed up to 30 percent this year. With the help of this, the company has crossed this magical figure. Earlier, companies like Alphabet Inc., Meta Platform and Nvidia have achieved this figure.
Turned a struggling textile company into a big empire
A large part of Warren Buffett’s life was spent managing Bershire Hathaway. It is a textile company. He transformed this company into a big business group with his partner Charlie Munger. Charlie Munger breathed his last in November last year at the age of 99. Warren Buffett is the eighth richest man in the world. His net worth is said to be around $145 billion.
The market value of Berkshire Hathaway has been increasing continuously since 1965. This company has grown by 20 percent every year. It was because of this company that Warren Buffett once became the richest man in the world. Currently, he ranks eighth among the ten richest men in the world.
