Todor Kostov's avatar
$6.9m follower assets
Berkshire Hathaway $BRK.A $BRKB 2012-21 federal income tax payments
In the latest Shareholder Letter of Berkshire Hathaway $BRK.A $BRKB, Warren Buffett touches on a very interesting fact which has remained a little big neglected by the general audience.

For the period between 2012-21 (more or less 10 years), Berkshire has paid $32 billion for federal income tax. This number is higher than the market cap of more than 50% of the publicly listed companies constituents in the S&P 500 $SPY (valuations as of today).

Also, to even better put this number into perspective by comparing it on a relative basis, a few well know companies have a similar market cap more or less equal to the sum paid from Berkshire on these taxes:

  • United Rental $URI at $32.93b
  • Kroger $KR at $32.76b
  • Baker Hughes $BKR at $32.37b
  • Aptiv $APTV at $32.21b
  • PPG Industries $PPG at $32.13b
  • Consolidated Edison $ED at $32.05b
  • Brown-Forman $BF.B at $32.04b
  • Cognizant Technology Solutions $CTSH at 31.88b
  • LyondellBasell Industries $LYB at $31.68b
  • D.R. Horton $DHI at $31.57b
  • AmerisourceBergen $ABC at $31.46b
  • Electronic Arts $EA at $31.13b
  • State Street $STT at $31.06b
  • Walgreens Boots Aliance $WBA at $30.90b
  • Digital Reality Trust $DLR at $30.89b

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Source: Berkshire Hathaway AR 2022
Dave Ahern's avatar
He certainly “gave at the office.” Interesting data, thanks for sharing. 🙏
Todor Kostov's avatar
@ifb_podcast Sure. And all shareholders of Berkshire $BRK.A $BRKB have done the same ...
Dave Ahern's avatar
@kostofff as my biggest position, yep.



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