Berkshire Hathaway Reaches $1 Trillion Market Cap for First Time

Aug 28, 2024, 01:40 PM

Warren Buffett's Berkshire Hathaway has reached a significant milestone by surpassing a $1 trillion market capitalization for the first time. The company's stock, $BRK.B, has been steadily climbing, achieving new record highs and inching closer to this landmark valuation over the past few days. On August 27, 2024, Berkshire Hathaway's market cap was reported at $995 billion. As of August 28, 2024, Berkshire Hathaway officially joined the exclusive $1 trillion market cap club, marking a historic achievement for the conglomerate founded in 1839. This milestone places Berkshire Hathaway among a select group of companies that have reached this valuation, reflecting its strong performance and investor confidence.