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Warren Edward Buffett is an American investor, business tycoon, philanthropist, and the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of over US$85.6 billion as of December 2020, making him the world's fourth-wealthiest person.
Berkshire Hathaway is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The company wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, Forest River, and NetJets, and also owns 38.6% of Pilot Flying J; and significant minority holdings in public companies Kraft Heinz Company (26.7%), American Express (18.8%), The Coca-Cola Company (9.32%), Bank of America (11.9%), and Apple (5.4%).
Swiss Reinsurance Company Ltd, commonly known as Swiss Re, is a reinsurance company based in Zurich, Switzerland. It is the world's largest reinsurer.It acquired GE Insurance Solutions in 2006. Founded in 1863, Swiss Re operates through offices in more than 25 countries. Swiss Re was ranked 118th in Forbes 2000 Global leading companies 2016. It was also ranked 313th in Fortune Global 500 in 2015.
Fruit of the Loom is an American company that manufactures clothing, particularly casual wear and underwear. The company's world headquarters is in Bowling Green, Kentucky. Since 2002 it has been a subsidiary of Berkshire Hathaway.
Pampered Chef is a multinational multi-level marketing company that offers a line of kitchen tools, food products, and cookbooks for preparing food in the home. They also offer some products to help transport some of their products and gardening tools.
Burlington Northern Santa Fe, LLC is the parent company of the BNSF Railway. The company is an indirect, wholly owned subsidiary of Berkshire Hathaway, which is controlled by investor Warren Buffett.
The Omaha World-Herald is a daily newspaper in the midwestern United States, the primary newspaper of the Omaha-Council Bluffs metropolitan area. Based in Omaha, for decades it circulated daily throughout Nebraska and Iowa, as well as parts of Kansas, South Dakota, Missouri, Colorado, and Wyoming. In 2008, distribution was reduced to the eastern third of Nebraska and western Iowa. In 2011, Omaha native Warren Buffett purchased the paper via his holdings company Berkshire Hathaway. In 2020, BH Media Group and the World-Herald were purchased by Lee Enterprises.
Lee Enterprises is a publicly traded American media company. It publishes 75 daily newspapers in 26 states, and more than 350 weekly, classified, and specialty publications. Lee Enterprises was founded in 1890 by Alfred Wilson Lee and is based in Davenport, Iowa.
Ze'ev Stef Wertheimer is an Israeli billionaire industrialist, investor, philanthropist and former politician. He was a Member of the Knesset, and is known for founding industrial parks in Israel and neighboring countries. The Wertheimers are Israel’s richest family as of 2013.
Clayton Homes is the largest builder of manufactured housing and modular homes in the United States. Clayton Homes is owned by Warren Buffett's Berkshire Hathaway.
Berkshire Hathaway Home Services is a residential real estate services company. The company provides real estate brokerage services, mortgage loan origination, franchising, title insurance/escrow and closing services, home warranties, property insurance, casualty insurance, and relocation services.
Marmon Group is an American industrial holding company headquartered in Chicago, Illinois; founded by Jay Pritzker and Robert Pritzker in 1953, it has been held by the Berkshire Hathaway group since 2013. It owns companies that produce transportation equipment, electrical components and other industrial components, and companies that provide services in the construction and retail sectors. Tank car manufacturing is a significant part of its business, products which are sold through its subsidiaries Union Tank Car Company in the United States and Procor in Canada. Berkshire Hathaway, which owns the largest freight railroad carrier in North America, BNSF Railway, acquired controlling interest in Marmon in 2007 and became sole owner six years later.
IMC International Metalworking Companies B.V., otherwise known as IMC Group, is the second largest company for metalworking products. With 14 member companies, today IMC supplies carbide metalworking tools. Together they produces a wide range of carbide inserts, carbide endmills and cutting tools covering all metal cutting applications. The IMC Group is in the automotive, aerospace, die and mold, general engineering, bearing manufacturing and oil and gas industries.
Berkshire Hathaway GUARD Insurance Companies currently insure over 250,000 businesses in the US.
TaeguTec Ltd., formerly known as Korea Tungsten Company, is a multinational corporation headquartered in Daegu, Korea. It is the largest cutting tools manufacturer in the Far East, also Korea's largest manufacturer of tungsten cutting tools and hard metal tools with the only integrated tungsten production plant in the world. TaeguTec group has 26 overseas subsidiaries and over 130 distributors and 30 agents in 50 countries across Europe, Asia, Australia, and the American countries. Considered as the world's oldest manufacturer of tungsten and related products, the group has earned reputation for its excellent global marketing and large production capacity worldwide. In addition to the initial 80 per cent stake purchased in 2006, Warren Buffett paid additional 2 billion dollars for the remaining stake in IMC, of which TaeguTec was a part. Through this acquisition, TaeguTec became Berkshire Hathaway's first and only wholly owned subsidiary in Korea. On October 25, 2007, Warren Buffett flew to Daegu to tour TaeguTec and to meet with the management. On March 21, 2011, Warren Buffett re-visited the firm to attend TaeguTec Plant 2 inauguration ceremony and later met with Korean President Lee Myung-bak.
The Scott Fetzer Company, a subsidiary of Berkshire Hathaway, is an American diversified manufacturer and marketer of products for the home, family, and industry comprising 33 brands, headquartered in Westlake, Ohio.
3G Capital is a Brazilian-American multibillion-dollar investment firm, founded in 2004 by Alex Behring, Jorge Paulo Lemann, Carlos Alberto Sicupira, Marcel Herrmann Telles and Roberto Thompson Motta.
Seabury Stanton was an industrialist from New Bedford, Massachusetts who ran Berkshire Hathaway prior to its takeover by Warren Buffett in 1964.
Tungaloy Corporation is a company that specializes in production and sales of metal cutting tools as well as industrial products. Headquartered in Iwaki, Fukushima, Japan, it was the first company in the country to succeed in developing superhard alloy. Tungaloy is a member of the International Metalworking Companies (IMC), which is owned by Berkshire Hathaway. In November 2011, the company celebrated the opening of its new production facility in Japan; as the Chairman, President, and CEO of Berkshire Hathaway, Warren Buffett took part in the ceremony.
References
- ↑ Warren Buffett: Iscar 'continues to amaze'
- ↑ Warren Buffett buys out Israeli tool firm ISCAR for 2 billion
- ↑ http://www.jpost.com/Business/Business-News/Buffett-buys-remainder-of-Israels-Iscar-for-205b-311715
- ↑ Warren Buffett: Iscar 'continues to amaze'
- ↑ Who on earth is Jacob Harpaz, Haaretz, July 15, 2009
