More cash than market cap of Mukesh Ambani’s Reliance, four times more tax than Gautam Adani, the company is…., its owner is…

The company holds USD 334 billion in cash, which is more than the market value of India's most valuable company, Reliance Industries. Mukesh Ambani’s Reliance Industries, with a market cap of USD 189.89 billion.

Billionaire Gautam Adani’s Adani Group paid Rs. 58,104 crore in taxes to the Indian government in the last financial year. However, legendary American investor Warren Buffett’s company, Berkshire Hathaway, paid nearly four times that amount. In 2024, Berkshire Hathaway paid USD 26.8 billion in taxes, which is approximately Rs. 2.32 lakh crore.

Berkshire Hathaway is the 9th largest company in the world by market capitalization, valued at USD 1.03 trillion. Warren Buffett himself ranks 9th among the world’s richest people, with a net worth of USD 150 billion, which has grown by USD 7.97 billion this year.

The company holds USD 334 billion in cash, which is more than the market value of India’s most valuable company, Reliance Industries. Mukesh Ambani’s Reliance Industries, with a market cap of USD 189.89 billion, is ranked 77th among the world’s most valuable companies and is the only Indian company in the global top 100.

In the last quarter, Berkshire Hathaway’s cash reserves surged by USD 145.2 billion. Interestingly, it holds USD 286.5 billion in U.S. Treasury bills, which is USD 91.2 billion more than the U.S. Federal Reserve’s holdings of USD 195.3 billion. This means Buffett’s company has more Treasury bills than even the U.S. central bank!

How much return has Berkshire Hathaway given?

Berkshire Hathaway’s current cash reserves are bigger than the market value of major companies like Coca-Cola. In the last quarter, the company recorded its highest-ever cash balance but did not conduct any stock buybacks.

Interestingly, Berkshire has started buying Apple shares again, reaffirming that Apple will likely remain its largest investment unless there is a major shift in the market.

Since 1964, Berkshire Hathaway has delivered an impressive 5,502 per cent return, while the S&P 500 has surged by 39,054 per cent in the same period. This means that Berkshire has provided an average annual return of 19.9 per cent. Currently, more than 27 per cent of the company’s total assets are held in cash.