Publish a collection of dragon cards to share millions of cash
Warren Buffett's Berkshire Hathaway A shares hit an all-time high last Friday (Feb. 16), closing above $600,000 per share for the first time.
Driven by soaring stock prices, Berkshire Hathaway's market capitalization has moved closer to the $1 trillion milestone. This "$1 trillion club" is a goal that many U.S. companies outside of the tech industry are out of reach.
Berkshire Hathaway is currently the seventh-largest company in the United States, with a market capitalization of about $880 billion, just $120 billion away from breaking the trillion dollar mark. In the past, Berkshire Hathaway has been jockeying with Eli Lilly, the American pharmaceutical company, for the title of the seventh-largest company by market capitalization. Eli Lilly's current market capitalization is about $749 billion.
Since Warren Buffett took the helm of Berkshire Hathaway in 1965, the company's share price has grown from about $19** per share that year to $610,000,000 last Friday's close.
Berkshire Hathaway** is divided into A shares and B shares. A shares have voting rights. Berkshire Hathaway's B shares, which were launched in 1996, have only one-ten-thousandth of the voting rights of A shares. The closing price of Berkshire Hathaway's B shares last Friday was 405$99.