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Here Are The Companies Warren Buffett Owns

Warren Buffett famously said you should never invest in a business you do not understand. Those wise words have guided his investing strategy for decades, earning him the nickname of the “Oracle of Omaha” for his investing savvy. Over his career as chairman and head of Berkshire Hathaway, Warren Buffett has amassed a net worth of over $85 billion, making him one of the richest men of all time. 

What’s interesting about Warren Buffett, though, is that he didn’t make his money by creating one business, like Jeff Bezos did with Amazon or Bill Gates did with Microsoft. Instead, he buys up other businesses and operates them, using his own secret strategy for identifying what he believes are undervalued assets. If he’s right, which he often is, he pays far less for the companies than what they are worth. Most people try to do this with their homes, buying as cheaply as possible then holding it or selling it later for a big profit. Warren Buffett does this on an industrial scale, owning or investing in over 100 global companies. 

We’ve compiled all the places that Warren Buffett invests his money by taking a look at Berkshire Hathaway’s ownership records. As the leader of the organization, he gets to determine where the money is spent. Where reported, we wrote how much he spent on the acquisition.

Acme Brick Company

Acme brick company

Sector: Materials and Construction

Ownership stake: 100%

Acquisition date: August 1st, 2000

What Acme Brick Company does:

With nearly 3,000 employees, the Acme Brick Company produces masonry products, meaning things made from stone. As the name suggests, bricks is a large part of what the company makes.

Originally founded in 1891, the company is one of the oldest continually operating companies in America.

AltaLink

AltaLink

Sector: Electric Transmission

Ownership stake: 90.9%

Acquisition date: December 1st, 2014

What AltaLink does:

Headquartered in Canada, AltaLink is one of the largest transmission companies in North America. It maintains transmission lines to supply energy to much of Western Canada, and has over 600 employees ensuring that the people of Canada have access to energy and electricity.

It’s now a subsidiary of Berkshire Hathaway Energy after Buffett bought it for a reported $3 billion.

Ben Bridge Jeweler

Ben Bridge Jeweler

Sector: Luxury Items

Ownership stake: 100%

Acquisition date: July 18th, 2000

What Ben Bridge Jeweler does:

Ben Bridge is a large American jewelry chain that sell diamonds, engagement rings, wedding rings, and other expensive jewelry such as Rolex watches.

Founded in 1912 by watchmaker Samuel Silverman, his son-in-law Ben Bridge expanded the company from one store in Seattle to over 80 stories across the United States.

Benjamin Moore & Co.

Benjamin Moore & Co.

Sector: Materials and Construction

Ownership stake: 100%

Acquisition date: January 1st, 2001

What Benjamin Moore & Co. does:

Benjamin Moore is one of the world’s largest paint suppliers. Founded in 1883 in Brooklyn, the company is now headquartered in Montvale, New Jersey.

The company has won many awards for the quality of its paints, ranging from customer satisfaction all the way to being one of America’s most “Green” companies for its efforts in environmental sustainability. Buffett spent a reported $1 billion to buy Benjamin Moore.

Berkadia

Berkadia

Sector: Mortgage Financing

Ownership stake: 50%

Acquisition date: December 31st, 2009

What Berkadia does:

Berkadia is a commercial real estate lender, meaning they help large commercial real estate investors get the capital they need for projects such as condo towers or office buildings.

The company was formed in 2009 as a joint venture with Leucadia National Corporation, which is now Jeffries Financial Group. That’s where the name comes from – “Berk” from “Berkshire” and “adia” from “Leucadia”.

Berkshire Hathaway Assurance

Berkshire Hathaway Assurance

Sector: Bond Insurance

Ownership stake: 100%

Acquisition date: December 1st, 2007

What Berkshire Hathaway Assurance does:

The Berkshire Hathaway Assurance company was created by Berkshire Hathaway in 2007 to insure municipal and state bonds. These kinds of bonds are used by local governments to raise money for hospitals, roads, schools, or sewer systems.

In 2008, in the beginnings of the financial crisis, the company also added reinsurance as a product offering, meaning insurance sold to insurance companies.

Berkshire Hathaway Automotive

Berkshire Hathaway Automotive

Sector: Autosales

Ownership stake: 90%

Acquisition date: May 9th, 2015

What Berkshire Hathaway Automotive does:

Berkshire Hathaway Automotive was founded in 2015 when Berkshire Hathaway completed the acquisition of Van Tuyl Group, a company that owned over 80 car dealerships in 10 different states.

After the acquisition, Van Tuyl was rebranded to Berkshire Hathaway Automotive.

Berkshire Hathaway Energy

Berkshire Hathaway Energy

Sector: Utilities

Ownership stake: 90.9%

Acquisition date: March 26th, 1999

What Berkshire Hathaway Energy does:

Known as the MidAmerican Energy Holdings Company until 2014, Berkshire Hathaway acquired it and rebranded. The company holds multiple energy investments and owns multiple companies within its holding shell in both the US and the UK.

Borsheims Fine Jewelry

Borsheims Fine Jewelry

Sector: Luxury Items

Ownership stake: 100%

Acquisition date: January 1st, 1989

What Borsheims Fine Jewelry does:

Frequently known as simply “Borsheims,” this jewelry story has been in operation since 1870 in Omaha, Nebraska – Warren Buffett’s hometown.

Buffett famously holds shareholder-only events at the store after-hours, helping it continue to grow since Buffett acquired a controlling stake in 1989.

Brooks Sports

Brooks Sports

Sector: Apparel

Ownership stake: 100%

Acquisition date: August 2nd, 2006

What Brooks Sports does:

Brooks Sports makes high performance apparel for athletes. Headquartered in Seattle and founded in 1914, the company now sells its products in over 60 countries around the world and has over 1,000 employees.

Despite applying for bankruptcy protection in 1981, the company had a turnaround and became one of the most successful niche brands in the running shoe market.

The Buffalo News

The Buffalo News

Sector: Media

Ownership stake: 100%

Acquisition date: April 1st, 1977

What The Buffalo News does:

Founded in 1880, The Buffalo News is the daily newspaper for the Buffalo-Niagara Falls metropolitan area.

Initially started as a Sunday paper by Edward Hubert Butler Sr., the company expanded to daily editions in 1914 and has been operating ever since. Buffett spent a reported $32.5 million on the acquisition.

BNSF Railway Company

BNSF Railway Company

Sector: Railroads and Logistics

Ownership stake: 100%

Acquisition date: February 12th, 2010

What BNSF Railway Company does:

The BNSF Railway Company is the largest freight railroad network in North America.

The company has over 42,000 employees and operates over 32,000 miles of track in 28 states.

The company was founded in 1995 through a merger of the Atchison, Topeka, and Santa Fe Railway and the Burlington North Railroad, officially combining into the Burlington Northern and Santa Fe Railway. The acquisition cost a reported $34 billion.

Business Wire

Business Wire

Sector: Media

Ownership stake: 100%

Acquisition date: March 1st, 2006

What Business Wire does:

Business Wire is a “wire service,” meaning a distribution network where people can pay to put their announcements out to journalists and readers.

Many journalists use wire services in order to get company announcements as putting out these announcements (like earnings quarterlies) has become mandatory for many public companies.

Cavalier Homes

Cavalier Homes

Sector: Materials and Construction

Ownership stake: 100%

Acquisition date: January 1st, 2009

What Cavalier Homes does:

Cavalier Homes manufactures single and multi-section homes for the low-to-medium priced market in the United States, building about 4,000 homes annually.

It was acquired by Southern Energy Homes, which is a Berkshire Hathaway-owned company, bringing it into the BH fold.

Central States Indemnity

Central States Indemnity

Sector: Insurance and Finance

Ownership stake: 100%

Acquisition date: October 20th, 1992

What Central States Indemnity does:

A provider of insurance in Omaha and throughout Nebraska, the Central States Indemnity company offers medical supplement insurance, wellness insurance, and other workplace insurance products.

Now that Buffett has owned the company for over 25 years, it’s likely providing a good return on investment.

Charter Brokerage

Charter Brokerage

Sector: Logistics

Ownership stake: 100%

Acquisition date: December 12th, 2014

What Charter Brokerage does:

Charter Brokerage is a leading global trade services broker company – meaning it helps companies with importing and exporting.

Founded in 1994, the company focuses on helping exporting and importing companies with compliance-related services to ensure they are following the law when they do business.

Clayton Homes

Clayton Homes

Sector: Materials and Construction

Ownership stake: 100%

Acquisition date: May 10th, 2007

What Clayton Homes does:

Clayton Homes builds modular homes in the US and maintained its own mortgage company business.

After initial success, the company went public with over $1 billion in revenues. It was acquired one year later. Now, the company is expanding its low-priced property division.

CORT Business Services

CORT Business Services

Sector: Furniture

Ownership stake: 100%

Acquisition date: January 14th, 2000

What CORT Business Services does:

CORT is an office and home furniture rental company, helping furnish offices and homes around the United States.

Offices may use the rental company to get upgraded furniture without the hassle of inventory, and homes could use it for home staging (making the house look good when you sell).

Berkshire Hathaway bought the company for a reported $467 million.

CTB Inc.

CTB

Sector: Capital Goods

Ownership stake: 100%

Acquisition date: January 1st, 2002

What CTB Inc. does:

CTB develops agricultural innovations that help with world hunger. As farmlands decrease and population increases, CTB is making new fuels and other agricultural products that will help keep the food supply bountiful.

CTB also owns many subsidiary brands including AgroLogic, Cabinplant, Chore Time, Roxel, and PigTek.

Dairy Queen

Dairy Queen

Sector: Food and Beverage

Ownership stake: 99%

Acquisition date: October 21st, 1997

What Dairy Queen does:

A global chain, Dairy Queen is most famous for its ice creams and the “Blizzard,” an ice cream so thick you can hang it upside down and it won’t drop out of the cup.

Warren Buffett famously loves junk food, so the Dairy Queen acquisition was a good fit for his sweet tooth.

Duracell

Duracell

Sector: Household Products

Ownership stake: 100%

Acquisition date: February 29th, 2016

What Duracell does:

Duracell is perhaps most well known for its batteries for small electronics, but it also makes home power systems.

The company was founded in 1924 as the PR Mallory company, named for its founder Phillip Mallory, but rebranded as the company grew. Now, it has over 2,700 employees and over $2 billion in revenue.

Ebby Halliday Companies

Ebby Halliday Companies

Sector: Real Estate

Ownership stake: 100%

Acquisition date: June 4th, 2018

What Ebby Halliday Companies does:

Ebby Halliday is a realtor company that has been selling homes in Texas for over 70 years.

Ebby, the founder of the company, began her career selling hats in 1938 before branching out into real estate.

Now, the company has grown to over 31 offices in North Texas.

Fechheimer Brothers Company

Fechheimer Brothers Company

Sector: Clothing

Ownership stake: 100%

Acquisition date: January 1st, 1986

What Fechheimer Brothers Company does:

Taking on a necessary but underserved niche, the Fechheimer company produces uniforms for public safety workers – think military, law enforcement, fire, and more.

The company has been in operation for over 175 years and continues to be strong, working with many local public safety agencies across the United States.

FlightSafety International

FlightSafety International

Sector: Business Services

Ownership stake: 100%

Acquisition date: January 1st, 1997

What FlightSafety International does:

FlightSafety takes on the important job of training pilots. It supplies high tech pilot training to aircraft operators in the military, government, and mainline flying.

The company has over 1,800 instructors teaching more than 4,000 courses, serving customers in over 160 countries around the world.

Forest River

Forest River

Sector: Materials and Construction

Ownership stake: 100%

Acquisition date: August 31st, 2005

What Forest River does:

Forest River is a manufacturer of many different kinds of vehicles. It produces cargo trailers, recreational vehicles (RVs), utility trailers, buses, and pontoon boats.

Founded in 1996, the company grew to billions in revenue and now has over 11,000 employees.

Fruit of the Loom

Fruit of the Loom

Sector: Clothing

Ownership stake: 99%

Acquisition date: April 30th, 2002

What Fruit of the Loom does:

Bought for a reported $835 million, Fruit of the Loom makes underwear and some sporting equipment.

Founded in Texas in 1851, the company has consistently grown since its founding and now has over 32,000 employees.

Garanimals

garanimals

Sector: Clothing

Ownership stake: 100%

Acquisition date: September 4th, 2002

What Garanimals does:

Garanimals is a line of clothed made for, and marketed to, children. Each item of clothing has a “garaminal” on it, one of many different animal characters produced by the company.

After some initial failures, the brand was relaunched in 2008 and is now sold exclusively through Walmart.

GEICO

GEICO

Sector: Insurance and Finance

Ownership stake: 100%

Acquisition date: August 26th, 1996

What GEICO does:

Initially called the Government Employees Insurance Company, GEICO is an automotive insurance provider based in Maryland.

Founded in 1936, the company now boasts over $25 billion in revenues annually and approximately 40,000 employees. It’s also become famous for its funny commercials and gekko mascot, voiced by an English actor with a Cockney British accent.

General Re

General Re

Sector: Insurance and Finance

Ownership stake: 100%

Acquisition date: December 21st, 1995

What General Re does:

Founded in 1846, the General Reinsurance Corporation provides reinsurance – insuring the insurance providers.

Now the company goes by the shortened “Gen Re” and has more than 40 offices and 3,500+ employees. Buffett spent a reported $22 billion on the acquisition.

Helzberg Diamonds

Helzberg Diamonds

Sector: Luxury Items

Ownership stake: 100%

Acquisition date: January 1st, 1995

What Helzberg Diamonds does:

Helzberg Diamonds is a national jewelry retailer out of Kansas. Founded in 1915, the company has over 200 stores in over 30 states.

The company closed many stores in 2017, but still has a large physical footprint across multiple states.

H.H. Brown Shoe Group

H.H. Brown Shoe Group

Sector: Clothing

Ownership stake: 100%

Acquisition date: July 1st, 1991

What H.H. Brown Shoe Group does:

Now known as Double-H Boots, the company was founded in 1955 a cowboy boot and work footwear manufacturer, which is still does today.

When the company was founded, it was due to an old boot factory shutting down – the founder HH Brown acquired it to make a western-style boot. Despite competition coming in and some business troubles, the business continues to operate.

International Metalworking Companies (IMC)

International Metalworking Companies (IMC)

Sector: Materials and Construction

Ownership stake: 100%

Acquisition date: May 8th, 2006

What International Metalworking Companies (IMC) does:

As the name suggests, the International Metalworking Company makes metalworking materials, such as the tools used to cut metal into necessary shapes for commercial or personal use.

The IMC Group has over 130 of its own subsidiaries in over 60 countries, boasting over 13,000 employees.

Johns Manville

Johns Manville

Sector: Materials and Construction

Ownership stake: 100%

Acquisition date: February 27th, 2001

What Johns Manville does:

The Johns Manville company is based in Denver and produces insulation, roofing materials, and other engineered products.

Despite having to file for bankruptcy protection in 1982 and rebounding, Warren Buffett bought the company in 2001 for a reported $1.8 billion.

Jordan’s Furniture

Jordan's Furniture

Sector: Furniture

Ownership stake: 100%

Acquisition date: October 11th, 1999

What Jordan’s Furniture does:

Founded in 1918, Jordan’s Furniture is a furniture retailer in New England with seven locations spread across the Northeastern United States.

Known for its big promotions, the company has done everything from sponsoring pro football games to opening a trapeze school.

Justin Brands

Justin Brands

Sector: Clothing

Ownership stake: 100%

Acquisition date: August 1st, 2000

What Justin Brands does:

Justin Brands is the parent company to Justin Boots, which makes equestrian footwear.

Initially founded in 1879, the company developed an innovation in shoe purchasing: the ability for people to self-measure and order the boots by mail, which was unheard of at the time for custom footwear.

Kansas Bankers Surety (KBS) Company

Kansas Bankers Surety (KBS) Company

Sector: Insurance and Finance

Ownership stake: 100%

Acquisition date: April 10th, 1998

What Kansas Bankers Surety (KBS) Company does:

Founded in 1909, KBS is an insurance company that serves the Midwestern United States.

KBS was not directly acquired by Buffett, but instead by Wesco Financial Corporation, which Buffett owned through Berkshire Hathaway. However, in 2016, KBS announced it would be discontinuing all of its insurance products.

Kern River Pipeline

Kern River Pipeline

Sector: Pipeline

Ownership stake: 90.9%

Acquisition date: March 21st, 2006

What Kern River Pipeline does:

The Kern River Pipeline is, as the name suggests, an oil pipeline. It stretches from Wyoming to California and Nevada, going for over 1,600 miles.

Warren Buffett spent nearly $1 billion to acquire the pipeline, which is now a subsidiary of Berkshire Hathaway Energy.

Larson-Juhl

Larson-Juhl

Sector: Furniture

Ownership stake: 100%

Acquisition date: December 17th, 2001

What Larson-Juhl does:

Larson-Juhl is a framing and moulding company – they make picture frames, crown moulding, wall trim, and other decorative products for walls.

In its over 100 year history, the company continues to build custom frames and other woodwork. They also support many charities, particularly around children.

Louis Motor

Louis Motor

Sector: Motorcycles

Ownership stake: 100%

Acquisition date: February 20th, 2015

What Louis Motor does:

Louis Motor is a motorcycle enthusiasts brand, selling everything from add-on parts for your motorcycle helmets, clothing, and other motorcycle lifestyle products.

The company also helps people buy motorcycles, with multiple guides and other media available about motorcycles.

Lubrizol

Lubrizol

Sector: Chemicals

Ownership stake: 100%

Acquisition date: September 16th, 2011

What Lubrizol does:

Lubrizol provides specialty chemicals to the transportation, industrial, and consumer markets. It makes billions in revenue each year and the company has over 8,000 employees.

Initially founded in 1928, the company has expanded many times over in its nearly 100 year history before Warren Buffett bought the company for a reported $9.7 billion.

Marmon Group

Marmon Group

Sector: Diversified Holding Company

Ownership stake: 99%

Acquisition date: January 1st, 2008

What Marmon Group does:

The Marmon Group was originally founded by Robert Pritzker, the family that owns Hyatt Hotels.

The holding company was founded in 1953 and owns many companies that create products in the transportation, equipment, electrical components, and other industrial products. Warren Buffett bought the company for a reported $4.5 billion.

McLane Company

McLane Company

Sector: Logistics

Ownership stake: 100%

Acquisition date: May 23rd, 2003

What McLane Company does:

Warren Buffett bought this logistics and supply chain company for nearly $1.5 billion in 2003. The company now boasts annual revenues at or above $50 billion and has over 20,000 employees, making this investment a profitable one for Buffett.

The company distributes grocery items and other non-food items to retailers, wholesale clubs, military bases, and even restaurants.

Medical Protective

Medical Protective

Sector: Liability Insurance

Ownership stake: 100%

Acquisition date: June 30th, 2005

What Medical Protective does:

Medical Protective, known now as MedPro group, is an insurance provider for physicians and dentists. The company can trace its origins back to 1889 when it was known as the Physicians’ Guarantee Company. Since then, the company has grown to nearly $1 billion in revenue from its headquarters in Fort Wayne, Indiana.

MiTek

MiTek

Sector: Materials and Construction

Ownership stake: 90%

Acquisition date: June 12th, 2001

What MiTek does:

MiTek is a global supplier of builder products and software for the construction industry. Originally founded in Canada, Warren Buffett bought a controlling stake in MiTek. The remaining 10% is owned by MiTek’s management team, meaning no other outside investors.

National Indemnity Company

National Indemnity Company

Sector: Insurance and Finance

Ownership stake: 100%

Acquisition date: March 1st, 1967

What National Indemnity Company does:

Taking the title of Berkshire Hathaway’s oldest operating subsidiary, the National Indemnity Company is an insurance company based in Omaha, Nebraska.

It was founded in 1940 and was bought by Buffett in 1957 for $6.8 million (worth approximately $49.78 million in today’s dollars).

Nebraska Furniture Mart

Nebraska Furniture Mart

Sector: Furniture

Ownership stake: 80%

Acquisition date: January 1st, 1983

What Nebraska Furniture Mart does:

Despite its name only having Nebraska in it, Nebraska Furniture Mart is the largest home furnishing stores in North America.

It was founded in 1937 by Rose Blumkin and Buffett bought it from her in 1983. The company now has four locations between Nebraska and Texas.

NetJets

NetJets

Sector: Business Services

Ownership stake: 100%

Acquisition date: January 1st, 1998

What NetJets does:

NetJets sells fractional ownership in private jets, much like a timeshare for condos. Instead of having to spend millions to buy your own private jet, you can purchase a percentage of it, which entitles you to use any jet in the NetJets fleet for a specific amount of time.

It was the first private business jet company in the world, and now has over 6,000 employees worldwide.

Northern Natural Gas

Northern Natural Gas

Sector: Pipeline

Ownership stake: 90.9%

Acquisition date: August 1st, 2002

What Northern Natural Gas does:

Northern Natural Gas owns and operates a natural gas pipeline that stretches from Texas all the way to Illinois, Wisconsin, and Minnesota.

It’s owned by MidAmerican Energy Holdings Company, another company that Warren Buffett owns through Berkshire Hathaway.

NV Energy

NV Energy

Sector: Electric & Gas Distribution

Ownership stake: 90.9%

Acquisition date: December 19th, 2013

What NV Energy does:

NV Energy is a public utility that provides energy and electricity to Southern Nevada, which includes Las Vegas. It was founded in 1928 and now serves more than 40 million people. It’s a subsidiary of Berkshire Hathaway Energy and Warren Buffett paid a reported $5.6 billion to buy the company.

Omaha World-Herald

Omaha World-Herald

Sector: Media

Ownership stake: 100%

Acquisition date: December 1st, 2011

What Omaha World-Herald does:

The Omaha World Herald is a daily newspaper that serves eastern Nebraska and western Iowa. It was founded in 1885 by Todd Sears, of the Sears family (the now bankrupt department store chain), and Warren Buffett paid $150 million to buy the newspaper.

Oriental Trading Company

Oriental Trading Company

Sector: Toy Party Craft

Ownership stake: 100%

Acquisition date: December 21st, 2012

What Oriental Trading Company does:

The Oriental Trading Company was one of the first wholesaling companies in the United States when it was founded in 1932.

It now carries over 40,000 products and has about 2,000 employees from its base in Omaha, Nebraska.

PacifiCorp

PacifiCorp

Sector: Electric Distribution

Ownership stake: 90.9%

Acquisition date: January 1st, 2005

What PacifiCorp does:

PacifiCorp has two business units, both in the energy industry. Pacific Power is a utility that operates in Oregon, California, and Washington state. Rocky Mountain Power operates in Utah, Wyoming, and Idaho.

Founded in 1910, the company now has nearly 6,000 employees and is part of Berkshire Hathaway Energy.

Pampered Chef

PacifiCorp

Sector: Food and Beverage

Ownership stake: 100%

Acquisition date: September 23rd, 2002

What Pampered Chef does:

PamperedChef makes a line of kitchen products such as strainers, whisks, graters, and more. Structured as multi-level marketing company, PamperedChef representatives sell products on their own, such as by hosting parties in their homes. The company has over 35,000 direct sales representatives and 400 corporate staff to fuel operations in the US, Germany, and Canada.

Pilot Flying J

Pilot Flying J

Sector: Retail, Food, Beverage, and Petroleum

Ownership stake: 38.6%

Acquisition date: October 3rd, 2017

What Pilot Flying J does:

Pilot Flying J is a national chain of truck stops and gas stations. You can likely see these as you’re driving along the highway in both the US and Canada. The company has over $20 billion in annual revenues and Warren Buffett announced in 2018 that he intends to buy a majority stake in the company by 2023.

Precision Castparts Corp.

Precision Castparts Corp.

Sector: Aerospace and Defense

Ownership stake: 100%

Acquisition date: January 29th, 2016

What Precision Castparts Corp. does:

Precision Castparts is a metal fabrication manufacturer – they create the metal casings and covers that go on airplanes, turbines, and other industrial goods.

The company has billions in annual revenue and over 30,000 employees, giving Warren Buffett a potential good return on the $37 billion he paid to acquire the company.

Precision Steel Warehouse Inc.

Precision Steel Warehouse Inc.

Sector: Materials and Construction

Ownership stake: 100%

Acquisition date: January 1st, 1979

What Precision Steel Warehouse Inc. does:

Precision Steel is a steel service center company. They maintain steel products such as flat steel or flat wire, which can then be molded and changed per client specifications.

The company remains one of the oldest acquisitions by Warren Buffett that is still operating today.

RC Willey Home Furnishings

RC Willey Home Furnishings

Sector: Furniture

Ownership stake: 100%

Acquisition date: January 1st, 1995

What RC Willey Home Furnishings does:

Founded in 1932, RC Willey is a home furnishings company that operates in Utah, Idaho, Nevada, and California.

The company sells furniture, electronics, home appliances, mattresses, and flooring, taking it a long way from its founding as a door-to-door company that sold home appliances.

Richline Group

Richline Group

Sector: Wholesale and Manufacturing

Ownership stake: 100%

Acquisition date: May 1st, 2007

What Richline Group does:

Richline is a precious metals and materials manufacturer. The company integrated multiple steps in the precious metals supply chain, from sourcing to shipping to end-unit retailers.

The company is made up of five business divisions: Leach Garner, Rio Grande, Richline, Inverness, and Richline Digital.

Scott Fetzer Company

Scott Fetzer Company

Sector: Business Services

Ownership stake: 100%

Acquisition date: January 1st, 1985

What Scott Fetzer Company does:

The Scott Fetzer Company began as a machine shop in Cleveland, Ohio. Then a business partner joined and the company began to make vacuum cleaners. From there, the company expanded to create many different home and office products.

The company now comprises more than 20 brands such as France Lighting, Ginsu, and Northland Motor Technologies.

See’s Candies

See's Candies

Sector: Food and Beverage

Ownership stake: 100%

Acquisition date: January 3rd, 1972

What See’s Candies does:

Warren Buffett bought See’s Candies for only $25 million back in 1972, and has seen a great return on his investment.

The candy company has expanded from its humble beginnings in 1921 to now have revenues of nearly half a billion dollars annually. Further, it employs around 1,500 full-time staff and has its headquarters in Los Angele, on the site of its original factory.

SE Homes

SE Homes

Sector: Materials and Construction

Ownership stake: 100%

Acquisition date: January 1st, 2007

What SE Homes does:

Southern Energy (SE) Homes created modular homes for Americans. It was one of the first modular home companies to allow buyers options to customize, helping it win market share.

The company was acquired by Clayton Homes, which is another company owned by Warren Buffett through Berkshire Hathaway.

Shaw Industries

Shaw Industries

Sector: Materials and Construction

Ownership stake: 100%

Acquisition date: January 21st, 2002

What Shaw Industries does:

Shaw Industries is one of the largest carpet manufacturers in the world. Since Warren Buffett bought the company in 2002, it’s grown to over $6 billion in annual revenues and employs over 20,000 people worldwide.

Headquartered in Dalton, Georgia, the company can trace its roots all the way back to the acquisition of the Philadelphia Carpet Company, founded in 1846.

Star Furniture

Star Furniture

Sector: Furniture

Ownership stake: 100%

Acquisition date: July 14th, 1997

What Star Furniture does:

Star Furniture is the oldest operating furniture store in Texas, having celebrated its 100 year anniversary in 2012.

The company sells rugs, furniture, drapery, accessories, and mattresses to a wide range of buyers.

TTI, Inc.

TTI

Sector: Electronic Component Distribution

Ownership stake: 100%

Acquisition date: March 30th, 2007

What TTI, Inc. does:

TTI makes electrical components that work in both residential and commercial electrics. These include sensors, semiconductors, connectors, switches, capacitors, and resistors.

Initially founded in 1972, the company now employs over 5,500 people and has over $3 billion in annual revenues.

United States Liability Insurance Group

United States Liability Insurance Group

Sector: Insurance and Finance

Ownership stake: 100%

Acquisition date: August 8th, 2000

What United States Liability Insurance Group does:

The USLI is an insurance provider that underwrites insurance for small businesses. This could mean the business itself, products and materials, liability, or even your home as the owner of a small business.

Despite having “United States” in the name, the company operates in both the US and Canada, with its Canadian operations based out of Toronto.

WPLG-TV

WPLG-TV

Sector: Media

Ownership stake: 100%

Acquisition date: July 1st, 2014

What WPLG-TV does:

WPLG is a local ABC-affiliate station with license to operate in Miami and Fort Lauderdale, Florida.

Founded in 1957, the company continued through turbulent times. Bought and sold a couple times, it eventually found a home in Berkshire Hathaway, with Buffett putting the business within the BH Media division of the company.

XTRA Lease

XTRA Lease

Sector: Logistics

Ownership stake: 100%

Acquisition date: September 20th, 2001

What XTRA Lease does:

XTRA Lease is a leasing company that provides access to rental trailers across the US. Options include dry vans, storage trailers, and more specialty equipment. The company has 85,000 trailers available in its fleet and is headquartered in St. Louis, Missouri.

Founded in 1957, the company now has around 100 employees servicing its customers.

We’ve covered all the companies Warren Buffett owns outright, but what about his other investments? Even small percentages can be worth billions – continue reading to find out.

Amazon

amazon

Sector: Technology and E-Commerce

Ownership stake: ~0.1%

Acquisition date: May 15th, 2019

What Amazon does:

Amazon is one of the largest companies in the world. You can buy pretty much anything you want from Amazon or its affiliates, and the company’s founder Jeff Bezos has the title of one of the richest men in the history of the world. Because Amazon is worth nearly $1 trillion, Warren Buffett’s tiny percentage of shares is still worth millions.

American Airlines

american airlines

Sector: Aerospace and Industrials

Ownership stake: 9.73%

Acquisition date: May 10th, 2019

What American Airlines does:

American Airlines is one of the largest airlines in the world, carrying millions of passengers all around the world. Famous for its silver jets, the airline is headquartered out of Dallas, Texas, and is a member of the OneWorld airline alliance. 

American Express

American Express

Sector: Financial Services

Ownership stake: 18.15%

Acquisition date: May 10th, 2019

What American Express does:

American Express is a global financial institution, known for providing exclusive services to very wealthy people. It became known around the world for the famed “Black card,” a credit card with no limit that is accepted everywhere. There are even stories of billionaires spending over $100 million on a single purchase on their Black card. 

Apple

apple

Sector: Technology

Ownership stake: 5.4%

Acquisition date: December 31st, 2018

What Apple does:

Apple started as a computer company, but has grown into a technology behemoth. Famous for the iPod, iPad, and Mac computers, Apple is one of the largest companies to have ever existed. 

Axalta Coating Systems

axalta

Sector: Manufacturing

Ownership stake: 10.34%

Acquisition date: May 10th, 2019

What Axalta does:

Axalta makes “coating systems” for commercial properties. Most of the time, this means paint. Their products cover commercial vehicles, manufacturing plans, and more. The company is headquartered in Philadelphia and has over 13,000 employees. 

Bank of America

boa

Sector: Financial Services

Ownership stake: 9.5%

Acquisition date: December 31st, 2018

What Bank of America does:

Bank of America, also known as BoA, is a large bank in the United States that offers both retail and commercial banking services. They operate around the country through the BoA brand and other brands including Merryl Lynch, so there’s a chance that you use one of their brands in your everyday financial life. 

Bank of New York Mellon Corp (BNY Mellon)

bny

Sector: Insurance and Finance

Ownership stake: 8.8%

Acquisition date: December 31st, 2018

What BNY Mellon does:

Bank of New York Mellon is a global investments company. Initially founded as Mellon Bank, the organization grew through a merger with the Bank of New York and now helps people with wealth management and investments. 

Charter Communications, Inc.

charter communications

Sector: Telecommunications

Ownership stake: 3%

Acquisition date: December 31st, 2018

What Charter Communications does:

Charter Communications is a telecom and mass media company that is the second largest cable provider in the United States, under its brand Spectrum. The company operates in 41 states and has over $40 billion in revenue. 

Costco Wholesale Corporation

costco

Sector: Retail

Ownership stake: 0.98%

Acquisition date: May 10th, 2019

What Costco does:

Costco Wholesale is a wholesale chain where members pay an annual fee in order to purchase goods at steep discounts. Members include everyday people to small business owners, and the company operates in over 10 countries around the world. Costco is a multi-billion dollar corporation, so Warren Buffett’s small ownership stake is still worth millions.

Delta Air Lines, Inc.

delta

Sector: Aerospace and Industrials

Ownership stake: 9.6%

Acquisition date: February 14th, 2017

What Delta does:

Delta is one of the largest airlines in the world, operating globally from its headquarters in the United States. It’s a member of the SkyTeam of global airlines, a competing program to American Airlines’ OneWorld program. 

Buffett is seen as a great boss. What about the horrible ones? Clicking the button below to expand the article: The worst bad boss stories of all time.

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