Warren Buffett's stock of this company is $5 million

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The price of a stock of Berkshire Hathaway Inc., the company of US industrialist Warren Buffett, reached the level of $5 lakh for the first time on Monday.

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This rally in the shares of Berkshire Hathaway Company shows that investors are viewing this stock as a defensive stock amid the Ukraine crisis and rising inflation.

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Berkshire Hathaway, located in Omaha Nebraska, USA, has a market value of $731 billion. It is the sixth largest company in America by market value.

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Full details of Berkshire Hathaway

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Berkshire Hathaway Inc. Warren Buffett holds a 16.2 percent stake in the company. The business of this company is spread in many sectors.

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Berkshire Hathaway Inc. is a holding company. It has many subsidiary companies which are engaged in different types of business.

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Berkshire Hathaway's subsidiaries are active in sectors such as insurance and reinsurance, utility and energy, freight rail transportation, manufacturing and retailing.

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Buffett holds 16.2 percent stake in this company. Buffett has become the fifth richest person in the world with a net worth of $119.2 billion due to the company's stock boom.

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