Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States, that oversees and manages a number of subsidiary companies. The company wholly owns GEICO, BNSF, Lubrizol, Dairy Queen, Fruit of the Loom, Helzberg Diamonds, FlightSafety International, and NetJets, owns half of Heinz and an undisclosed percentage of Mars Inc. , and has significant minority holdings in American Express, The Coca-Cola Company, Wells Fargo, and IBM. Berkshire Hathaway averaged an annual growth in book value of 19.7% to its shareholders for the last 49 years (compared to 9.8% from the S&P 500 with dividends included for the same period), while employing large amounts of capital, and minimal debt. With as many as five hundred operating units sprouting out of fifty primary, Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) subsidiaries engaged in a wide range of manufacturing, retail, services, transportation and energy businesses. The giant company is known for its control by investor, company's …show more content…
The billionaire CEO/President, who wholly owns Dairy Queen appreciated Prusak for giving visually-impaired man money from his own pocket. The man had unknowingly dropped $20 and a woman swiped it. Buffett also invited the teen’s manager to the 2014 Berkshire Hathaway Shareholders Meeting in Nebraska so he can meet him. Although Warren Buffett’s rule of thumb may apply to possible unethical act of Berkshire Hathaway employees and/or management, the company is focus with role and responsibility in ethics and compliance of its employees.