Businesses Owned By Warren Buffett

Berkshire Hathaway has stock holdings with big American companies such as Coca-Cola, Kraft Heinz, IBM, American Express and Wells Fargo. Berkshire Hathaway also owns some private companies like Geico, McLane Company, and Burlington Northern Santa Fe. McLane Company, Inc., is a distribution company primarily serving food retailers such as Walmart, 7-Eleven, and Yum Brands, the parent company that owns Taco Bell, KFC, and Pizza Hut. McLane company operates 80 distribution facilities around the United States, delivering goods to 110,000 retailer locations across all 50 U.S. States. As the largest company held by Berkshire Hathaway, posting more than $37.4 billion in revenue, for the first 9 months of 2017.

Burlington Northern Santa Fe, LLC. Is a holding company for BNSF Railway Company which owns 32,500 route miles of track on 9,500 additional route mileage which places this company as one of the largest railroad operators in the United States because of track mileage. The tracks stretch from the West Coast of the U.S., Chicago in the MidWest, and Atlanta in the Southeast with a revenue of 15.7 billion in the first nine months of 2017, 5.2 billion from this company’s freight transportation business.

Geico is the second largest car insurance company in the United States which uses a direct-sales model with earnings of $5.7 billion, the first nine months of 2017 with Berkshire Hathaway Reinsurance Group discussing premiums of $15.9 billion dollars. The Lubrizol Corporation, on the other hand, manufactures chemicals for both industry and consumer products such as plastics, coatings, pharmaceutical products, as well as other mechanical parts. Lubrizol is also distributing chemicals used in oilfields and oil pipelines. Finally, Pacific Corp is a regulated electric utility with 1.8 million customers out of the states of Washington, Oregon, California, Wyoming, and Utah, producing 74 plants that release 11,136 megawatts of generating capacity.

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