What are the major subsidiaries of Berkshire Hathaway?
Berkshire Hathaway, a multinational conglomerate led by Warren Buffett, has a diverse portfolio of subsidiaries spanning various industries. Some of its major subsidiaries include GEICO (auto insurance), BNSF Railway (freight rail transportation), Berkshire Hathaway Energy (utilities and energy companies), Dairy Queen (fast-food restaurants), Duracell (batteries and power solutions), Pampered Chef (kitchenware and cookware), Precision Castparts Corp (aerospace and industrial manufacturing), and See's Candies (chocolates and confectioneries). Additionally, Berkshire Hathaway owns significant stakes in large publicly-traded companies such as Apple, Bank of America, Coca-Cola, and American Express. The conglomerate's subsidiaries operate independently under their respective management teams, while benefiting from Berkshire Hathaway's financial strength, long-term investment approach, and access to a wide array of resources.
Answered Nov 1, 2023
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