MarketsAug 28, 2024
Berkshire is the 8th U.S. Company to Reach a $1T Valuation
@visualcapitalist
What We’re Showing
This graphic shows how long it took America’s trillion-dollar companies to reach the $1T milestone. This data was collected from Investopedia and Yahoo Finance.
What Happened
Early on Wednesday, Aug 28. 2024, Berkshire Hathaway’s Class A shares (BRK.A) touched $699,699, giving the conglomerate a $1T valuation for the first time ever.
Berkshire has a dual-class share structure, where Class A shares are the original stock offering which began trading in 1980. Class B shares were issued in 1996 and offer a smaller stake in the company.
One of these is not like the others
Notably, Berkshire is the first non-tech company in the U.S. to hit this milestone. It owns a wide variety of businesses such as Geico Insurance, Dairy Queen, Duracell, and Benjamin Moore.
Dataset
| Company | IPO Date | $1T Date | Days | Label |
|---|---|---|---|---|
| Berkshire Hathaway | Mar. 16, 1980 | Aug. 28, 2024 | 16,237 | 44 years, 5 months, 13 days |
| Apple | Dec. 18, 1980 | Aug. 2, 2018 | 13,741 | 37 years, 7 months, 15 days |
| Microsoft | Mar. 13, 1986 | April 25, 2019 | 12,096 | 33 years, 1 month, 12 days |
| Nvidia | Jan. 22, 1999 | May 30, 2023 | 8,894 | 24 years, 4 months, 8 days |
| Amazon | May 15, 1997 | Sept. 4, 2018 | 7,782 | 21 years, 3 months, 20 days |
| Aug. 9, 2004 | Jan. 16, 2020 | 5,638 | 15 years, 5 months, 7 days | |
| Tesla | June 29, 2010 | Oct. 26, 2021 | 4,136 | 11 years, 3 months, 26 days |
| Meta | May 18, 2012 | June 28, 2021 | 3,328 | 9 years, 1 month, 10 days |
111
0
20.2K
