Warren Buffett’s Berkshire Hathaway has a net worth of $663 billion. This is much higher than tech giants like Nvidia, which is worth $66 billion, and Apple, which is worth $57 billion. Berkshire Hathaway stands out among the most valuable U.S. companies.
It is the only non-tech firm in the top ten. Its market cap has risen above $1 trillion, just below Taiwan Semiconductor. Berkshire’s success is even more impressive when you look deeper.
Its market cap is higher than that of all other non-tech companies by a huge margin. The runner-up would need a 41% increase just to match Berkshire. This year, Berkshire stock has performed better than Apple, Microsoft, Alphabet, and major indexes.
Buffett prefers to measure a company’s value by its net worth. This adds up assets and subtracts liabilities.
Berkshire’s impressive net worth analysis
By this measure, Berkshire’s net worth of $663 billion dwarfs Apple’s $57 billion and Nvidia’s $66 billion. Some say Berkshire’s big stake in Apple makes it a tech company. However, Berkshire has sold about 70% of its Apple shares in the past year.
Its stock price still rose. Buffett’s unique approach is the key to Berkshire’s success. He has built Berkshire into a sprawling conglomerate, going against standard practices.
He even tells shareholders when he thinks Berkshire shares are too expensive. Berkshire also does not provide liability insurance for its directors and officers. Buffett believes they should risk their own money if they make mistakes.
In his 60 years leading Berkshire, Buffett has grown the stock by an incredible 4,384,748%. This shows his extraordinary skills and the trust he inspires. At age 94, he remains one of the most remarkable business leaders today.
