Berkshire Hathaway Inc. is an
American multinational conglomerate holding company headquartered in
Omaha,
Nebraska,
United States. The company wholly owns
GEICO,
BNSF,
Lubrizol,
Dairy Queen,
Fruit of the Loom,
Helzberg Diamonds,
FlightSafety International, and
NetJets, owns 26% of
Kraft Heinz Company and an undisclosed percentage of
Mars, Incorporated, and has significant minority holdings in
American Express,
The Coca-Cola Company,
Wells Fargo,
IBM and
Restaurant Brands International. Berkshire Hathaway averaged an annual growth in book value of 19.7% to its shareholders for the last 49 years (compared to 9.8 rom the
S&P 500 with dividends included for the same period), while employing large amounts of capital, and minimal debt.