8) Berkshire Hathaway – Company Assets: $493.4 billion
After acquiring 49% of Berkshire Hathaway in 1963, current octogenarian and one time North Pole ElfWarren Buffet has grown the business from its roots in textiles into one of the world’s largest insurance and investment firms. You gotta like a guy who says of himself, ‘I buy expensive suits. They just look cheap on me.’ Relying on a legendary strategy of patiently outlasting competitors until the last moment before investing in undervalued opportunities, BH has become an industry monster, number 8 on the list with almost $500 billion in assets and a fierce reputation emboldened by its Gandalfian owner.
Page 3 of 10
Discussion about this post