97

Founded and led by renowned business veteran Warren E . Buffett , Berkshire Hathaway slipped back from the number two spot this year , despite posting revenue of more than $ 242bn and $ 44.9bn in profits . Berkshire Hathaway experienced a profit uptick of 86.7 % in 2018 , with savvy investments that shifted away from low S & P performers such as IBM to stock champions like Apple . Considered comparatively agile for a large corporation , Berkshire offset tough hurricane-related payouts in recent years by brokering a worldrecord $ 10.2bn policy with AIG .

www . businesschief . com