Berkshire Hathaway was founded in 1839 as the Valley Falls Company in Valley Falls, Rhode Island. It later became known as Berkshire Fine Spinning Associates and subsequently merged with the Hathaway Manufacturing Company in 1955 to form Berkshire Hathaway. The company, headquartered in Omaha, Nebraska, saw a significant transformation under the leadership of Warren Buffett, who acquired a controlling interest in 1965. Buffett’s strategic vision and investment acumen turned Berkshire Hathaway into a diversified holding company with significant stakes in various industries, including insurance, rail transportation, utilities, manufacturing, and retail.
