| | Business Summary | | Berkshire
Hathaway
Inc.
is
a
holding
company
owning
subsidiaries
engaged
in
a
number
of
diverse
business
activities.
Berkshire's
insurance
and
reinsurance
business
activities
are
conducted
through
36
domestic
and
16
foreign-based
insurance
companies.
Insurance
underwriting
operations
are
comprised
of
the
sub-groups,
including
GEICO
Corp.
and
its
subsidiaries,
Berkshire
Hathaway
Reinsurance
Group,
Berkshire
Hathaway
Direct
Insurance
Group
and
General
Re
and
its
subsidiaries.
At
the
end
of
1996,
Berkshire
acquired
FlightSafety
International
Inc.
(FSI).
FSI
and
its
subsidiaries
engage
primarily
in
the
business
of
providing
high
technology
training
to
operators
of
aircraft
and
ships. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Berkshire
Hathaway
is
a
holding
company
primarily
involved
in
the
property
and
casualty
insurance
business.
BRK.A
is
also
involved
in
publishing,
manufacturing
of
confectionery
products,
cleaning
systems,
footwear,
and
furnishings
retailing.
For
the
six
months
ended
6/30/01,
revenues
rose
44%
to
$18.8
billion.
Net
income
fell
5%
to
$1.38
billion.
Results
reflect
higher
rates
for
voluntary
auto
business,
offset
by
higher
losses
and
loss
adjustment
expenses. | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY2000 Pay | |
| Warren Buffett, 70
Chairman,
CEO | $356K | Charles Munger, 77
Vice
Chairman | 100K | Marc Hamburg, 51
CFO,
VP | 393K | | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/b/brka.gif)