Warren Buffett’s Berkshire Hathaway Hits $1 Trillion Market Value: A First for Non-Tech

Warren Buffett’s Berkshire Hathaway has reached a market value of $1 trillion, becoming the first non-technology company in the United States to hit this milestone. The company’s shares have surged over 27% in 2024, almost double the return of the S&P 500. Berkshire Hathaway, known for its investments in traditional industries like railroads, insurance, and retail, has surpassed the $1 trillion mark just two days before Buffett turns 94. Unlike other tech giants like Apple, Nvidia, Microsoft, Alphabet, Amazon, and Meta, Berkshire Hathaway has a strong foothold in the ‘old economy’. Buffett’s legacy has grown from a struggling textile company in the 1960s to a vast empire that spans insurance, railroads, retail, and energy, with unmatched financial strength.