Berkshire Hathaway's 2023 Annual Report Highlights Strong Financial Performance

Latest Earnings Report Indicates Growth Across Multiple Business Segments

Key Highlights of the Report

Berkshire Hathaway, the multinational conglomerate led by renowned investors Warren Buffett and Charlie Munger, has released its highly anticipated 2023 Annual Report, showcasing robust financial performance and continued growth across its diverse business segments.

The report highlights the company's impressive earnings, with net income attributable to Class A and Class B shareholders reaching a record $30.8 billion in 2023. This represents a significant 18.6% increase from the previous year's earnings of $25.9 billion.

Key drivers of this growth include strong underwriting results in the insurance business and solid contributions from the company's operating units, including Berkshire Hathaway Energy, BNSF Railway, and Apple, which continues to be the largest holding in Berkshire Hathaway's investment portfolio.