HomeNewsBusinessMarketsBuffett's Birthday Magic: How $100 turns into a whopping 4,384,748% gain

Buffett's Birthday Magic: How $100 turns into a whopping 4,384,748% gain

This puts Berkshire alongside tech giants Apple, Microsoft, and other trillion-dollar companies like Nvidia, Alphabet, Amazon, and Meta.

August 30, 2024 / 19:40 IST
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If you had invested $10,000 in Berkshire 60 years ago, it would now be worth $438 million.
If you had invested $10,000 in Berkshire 60 years ago, it would now be worth $438 million.

Right before his 94th birthday, investing guru Warren Buffett’s Berkshire Hathaway joined the ultra-exclusive $1 trillion market-cap club.

From 1965 to the end of 2023, Berkshire Hathaway's stock skyrocketed by 4,384,748 percent, easily outpacing the S&P 500's 31,323 percent gain.

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If you had invested $100 in Berkshire 60 years ago, it would now be worth $4.38 million. In contrast, the same $100 invested in the S&P 500 would have grown to about $31,323 today.

On August 28, two days before the Oracle of Omaha Warren Buffett's birthday, Berkshire Hathaway shares soared, pushing the company's market value past $1 trillion, making it the first non-tech US-based company to reach this level.