Warren Buffet’s Berkshire Hathaway on path to become latest $1trn valuation

The conglomerate would become the first non-tech US company to hit a $1 trillion market cap

Warren Buffett, the chief executive at Berkshire Hathaway, told investors the firm was ‘built to last’. Picture: Getty

Warren Buffett’s Berkshire Hathaway neared a $1 trillion market value in pre-market trading on Monday as its shares rose by 5.5 per cent.

The veteran investor’s firm posted higher operating earnings, boosting a stock that has been crawling toward the trillion-dollar club since it notched a fresh record high last year.

Surpassing that level would make Berkshire the first US company outside of the technology sector to reach such a market capitalisation.

The company’s shares, ...