
12. Berkshire Hathaway
Warren Buffet is the quintessential billionaire. He’s written books and given inspirational talks on the secrets to success. Throughout his long life, he’s energized generations of people. His company, Berkshire Hathaway, is one of the most successful in the world. In 2019, it grossed $247,847,000,000.
What exactly is Berkshire Hathaway? It’s a conglomerate that owns different companies which you probably use regularly. These companies include Dairy Queen, Duracell, GEICO, Fruit of the Loom, Pampered Chef, and many others, including the Berkshire Hathaway real estate sector. Its growth has slowed down recently as Buffet has declined to make more acquisitions lately. He declared in May of 2020 that nothing looked profitable. Given the uncertainties over the crisis, he may have had a point.