5 Biggest Non-Tech Companies in the World by Market Cap

2. Berkshire Hathaway Inc. (NYSE:BRK-B)

Market Capitalization: $702B

This conglomerate headed by the Oracle of Omaha, Warren Buffett, is one of the biggest non-tech companies in the world, even though its hedge fund arm has huge stakes in tech companies. Berkshire Hathaway Inc. (NYSE:BRK-B) operates several businesses, including financial services, insurance, confectionary, railroads, machinery, electrical power and gas. It is also one of the most expensive stocks in the market, trading at around $475,798 as of January 4. In December, it was reported that Berkshire Hathaway Inc. (NYSE:BRK-B) sold about 1.33 million shares of BYD (OTCPK:BYDDF) for HK$267.69M ($34.43M). When Buffett’s firm buys or sells stakes in companies, the world pays attention.

Here is what Black Bear Value Fund has to say about Berkshire Hathaway Inc. (NYSE:BRK-A) in its Q3 2022 investor letter:

“Going forward I expect Berkshire to compound at above average returns from this price. BRK is a collection of high-quality businesses, excellent management, and a good amount of optionality in their cash position. If the cash were to be deployed accretively, the true value would be greater than an 8% premium (as mentioned above). The combination of a pie that is growing, an increasing share of said pie due to stock buybacks, upside optionality from cash and a tight range of likely business outcomes that span a variety of economic futures gives me comfort in continuing to own Berkshire.”