There are few companies currently worth more than one trillion dollars. Besides the American Big Tech and the Saudi Arabian mostly state-owned oil giant, however, there’s room for more, and one contender is aiming to carve its name into the trillionaire pantheon. Today, we’ll cover the potential next trillion-dollar company and why you should buy its stock now.
The list of trillion dollar companies
At the moment, there are seven publicly traded trillion-dollar companies:
| Company | Market capitalization | Stock price (as of April 25) |
| Microsoft | $3.04 trillion | $409.06 |
| Apple | $2.61 trillion | $169.02 |
| Nvidia | $1.991 trillion | $796.77 |
| Alphabet (Google) | $1.989 trillion | $161.10 |
| Saudi Aramco | $1.946 trillion | $8.04 |
| Amazon | $1.837 trillion | $176.59 |
| Meta Platforms (Facebook) | $1.251 trillion | $493.50 |
What is the next trillion dollar company?
Closest to the threshold of reaching a trillion dollars in market capitalization is Berkshire Hathaway (NYSE: BRK.B), with the current market capitalization of $878 billion.
We think Berkshire might be the first past the post by no means just because it is numerically close to becoming a trillion-dollar company. In fact, the company has shown a strong level of resilience and diversification. While primarily focused on insurance, it has made major efforts within various sectors, including energy, transportation, infrastructure, retail, and manufacturing.
Although concluding 2022 with a net loss, last year’s financial report showed a 5% increase in insurance revenue and a significant reversal in investment and derivatives, which went from a loss of $67.89 billion to a $74.86 billion gain. This drove the BRK.B price to a record high of $420.52 on March 28, 2024.
About Berkshire Hathaway
Berkshire Hathaway Inc. (NYSE: BRK.B) is an American multinational conglomerate holding company. It has built an extended and diverse portfolio of various businesses, including insurance, energy, utilities, infrastructure, manufacturing, retail, etc.
Founded in 1839 as a textile manufacturer, the company transformed under the guidance of Warren Buffett, its chairman and CEO, to become a conglomerate and one of the most valuable public companies in the world today.
Berkshire Hathaway stock trades on the NYSE under the ticker BRK.A for its Class A shares and BRK.B for its Class B shares. Due to the board’s policy against stock splits, its Class A shares have the highest per-share price of any public company in the world.
Berkshire Hathaway’s stock portfolio
A sizeable chunk of Berkshire’s value comes directly from the company’s stock portfolio. In fact, 41.2% of its portfolio is in Apple stocks, itself a trillion-dollar company. The top ten Berkshire Hathaway stock components are:
| Company name | Ticker | Portfolio weight | Share price | % of portfolio |
| Apple | AAPL | 5.9% | $169.01 | 41.2% |
| Bank of America | BAC | 13.1% | $37.67 | 10.5% |
| American Express | AXP | 20.9% | $236.20 | 9.6% |
| Coca-Cola | KO | 9.3% | $61.83 | 6.7% |
| Chevron | CVX | 6.8% | $163.53 | 5.6% |
| Occidental Petroleum | OXY | 28.0% | $67.24 | 4.5% |
| Kraft Heinz | KHC | 26.8% | $38.15 | 3.3% |
| Moody’s | MCO | 13.5% | $373.89 | 2.5% |
| Mitsubishi | 8058:TYO | 8.6% | $22.48 | 2.2% |
| Mitsui | 8031:TYO | 8.3% | $47.44 | 1.6% |
As of April 25, the total value of Berkshire Hathaway’s stock portfolio is over $371.47 billion.
About Warren Buffett
The Berkshire Hathaway brand is almost synonymous with Warren Buffett, its co-founder, chairman, and CEO, and the person most responsible for the company’s enduring success.
Warren Buffett, the “Oracle of Omaha,” is the world’s most famous investor and the sixth-richest person in the world, with a net worth of $132.9 billion as of April 25, 2024.
He is a vocal proponent of long-term value investing, with a particular interest in blue-chip companies. He focused his company on acquiring assets with lasting competitive advantages and durability in the market, which bestowed Berkshire Hathaway with the stature it has today.
“Berkshire is built to last.”
– Warren Buffet
Why you should invest in Berkshire Hathaway now
Berkshire Hathaway is a company with a decades-long tradition of financial success and perseverance in the face of various economic recessions and hardships. Not only did the company survive, but it managed to thrive and become one of the ten most valuable publicly traded companies in the world.
In fact, with a solid 2023 fiscal performance, a highly diversified portfolio, and a focus on long-term value and investing fundamentals, the company is poised to maintain its trend of steady expansion and reward its investors with increased returns. Perhaps it will even become the next trillion-dollar company.
Buying BRK.B means you put trust in Buffett’s vision of value investing and bet on the tried-and-true investing formula that Berkshire Hathaway’s CEO claims will remain relevant even a hundred years from now. Make sure you do your research before spending any money and never invest what you cannot afford to lose.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
