Berkshire Hathaway is a finance company focusing on insurance, investments, and acquisitions. Founded in the 1830s, with headquarters in Omaha, Nebraska, this multinational conglomerate holding company has grown tremendously under the leadership of CEO Warren Edward Buffett. Berkshire Hathaway owns, manages, and oversees subsidiary companies, including well-known brands such as GEICO, Fruit of the Loom, and Helzberg Diamonds. Additionally, the firm holds significant minority stakes in American Express, The Coca-Cola Company, Wells Fargo, and IBM.
As one of the largest public companies globally, Berkshire Hathaway employs a diverse workforce of 360,000 individuals. Although employees come from various backgrounds and political affiliations, they share a sense of satisfaction and loyalty to the company, as evidenced by an average tenure of 5.7 years. Berkshire Hathaway remains an industry leader with an impressive annual revenue of $245.5 billion, despite offering a lower median salary compared to some competitors ($56,507).