Berkshire Hathaway Funding: rounds, investors and valuation
Berkshire has never needed outside funding. Insurance float, the premiums it holds before paying claims, gives it well over $150 billion to invest 4.
Founded1965, Omaha, Nebraska
StatusListed
Listed onNYSE: BRK.B
Market cap$1.19T
Revenue$371.4B (FY2024)
The float
Insurers collect premiums before they pay claims. Buffett invested that money, known as float, in stocks and whole companies. Since buying National Indemnity in 1967, Berkshire's float has grown to well over $150 billion 4.
| Period | Metric | Value |
|---|---|---|
| 2 Nov 2026 | Market cap | $1.19T |
| FY2024 | Employees | 392,400 |
| FY2024 | Revenue | $371.4B |
No dividends
Berkshire has paid a dividend only once, in 1967. It keeps its profits to buy businesses and, since 2018, buys back its own shares when it considers them cheap 4.
Cash
It held a record cash and Treasury bill pile of more than $300 billion in 2025 4.
Frequently asked questions
No. It has paid one only once, in 1967.
The premiums an insurer holds before paying claims. Berkshire invests it.
Sources✓ Verified 3 Nov 2026
1 Forbes, Ranked: The top 10 richest people in the world (November 2026), 1 Nov 2026, Businesses, share moves
2 Berkshire Hathaway, Press release: leadership transition, 18 Sep 2026, Chairman change
3 CompaniesMarketCap, Largest companies by market capitalization, 2 Nov 2026, Market cap
4 Berkshire Hathaway, Wikipedia, accessed 3 Nov 2026; history, subsidiaries, acquisitions
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