Buffett's Business Empire Nears Trillion-Dollar Market Cap as Stock Price Surpasses $600,000 per Share
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This week, Berkshire Hathaway achieved a historic milestone as its Class A shares closed above $600,000 for the first time. This brings Buffett's business empire closer to the coveted trillion-dollar market capitalization, a feat no U.S. company outside the tech industry has ever reached.
Currently, Berkshire Hathaway's market cap stands at approximately $880 billion, making it the seventh-largest publicly traded company in the U.S., just $120 billion short of the trillion-dollar mark. Since Buffett took the helm of Berkshire Hathaway in 1965, the company's stock price has achieved an astronomical increase of 3,215,489%, rising from $19 per share to $610,962.