The value of the transaction is approximately one billion dollars. Upon successful consummation of the transaction, Benjamin Moore will become a wholly owned subsidiary of Berkshire Hathaway and will continue to be headquartered in Montvale.
With our acquisition in 2000 by Berkshire Hathaway, Benjamin Moore joined a family of companies under the direction of Warren Buffett, which embodies success and is distinguished by sustainable brands that shine through the clutter of competition.
Not long after Berkshire Hathaway acquired Benjamin Moore in 2000, Warren Buffett appeared in a video that was sent to the company's thousands of independent dealers, who sell the vast majority of Moore paints.
The estimated net worth of Benjamin Moore is at least $272 Million dollars as of 2025-02-01. Benjamin Moore is the VP BUSINESS DEVELOPMENT of Ubiquiti Inc and owns about 673,206 shares of Ubiquiti Inc (UI) stock worth over $272 Million.
The Influence of Warren Buffett
His initial investment of $1 billion in Coca-Cola has grown into a multi-billion-dollar holding for Berkshire Hathaway, thanks to both stock appreciation and dividends.
You would have more than doubled your money, with a total investment worth of $2,029.55. That's a 103% return, or a 7.23% annual rate of return. Interestingly, despite Coke's dominance on the world stage, investing in Coke's main rival, Pepsi, 10 years ago would have given you more pop for your buck.
Dairy Queen is owned by Berkshire Hathaway Inc., a multinational conglomerate holding company. Berkshire Hathaway, led by Warren Buffett as the Chairman and CEO, acquired Dairy Queen in 1998.
Both Benjamin Moore and Sherwin Williams offer high-quality paints, with minor differences in product lines that only professionals might notice. The main distinction between the two brands lies in their ownership: Benjamin Moore stores are locally owned, while Sherwin Williams stores are corporate-owned.
Average Benjamin Moore Sales Associate hourly pay in the United States is approximately $18.50, which is 33% above the national average.
Quality and Durability
Benjamin Moore is known for using high-quality ingredients and rigorous manufacturing processes to create paints that are long-lasting and resistant to wear and tear.
Both brands are known for their excellent coverage, durability, and finish. However, Benjamin Moore is often recognized as having a slightly better quality than Sherwin Williams. Benjamin Moore paints tend to have better coverage with fewer coats needed to achieve the desired finish.
Sherwin-Williams leads the industry, accounting for over 55.6% of paint manufacturing revenue. The company dominates the architectural coatings segment.
They are Durable
Designed to last, Benjamin Moore Paints will, without a doubt, withstand the atmosphere wear and tear for long and without losing its color vibrancy and smoothness alike.
Upon Buffett's death, his children will inherit the responsibility of distributing his remaining wealth, which accounts for 99.5% of his total fortune. While some might expect such a task to lead to squabbles or mismanagement, Buffett expresses complete confidence in their ability to carry out this mission.
Hello, Berkshire Hathaway!
See's Candies became part of the Berkshire Hathaway family in January 1972, when Warren Buffett and Charlie Munger purchased the company. To this day, See's is one of Warren's favorite businesses!
Sales Rep salaries at Benjamin Moore can range from $41,000 - $250,000. The Sales Department at Benjamin Moore earns $8,110 more on average than the IT Department. Last updated a month ago.
Being the highest quality paint in Benjamin Moore's line, Aura serves as a premium option for those prioritizing color richness and lifespan.
The average Benjamin Moore hourly pay ranges from approximately $17 per hour (estimate) for a Store Clerk to $64 per hour (estimate) for a Senior Automation Engineer. Benjamin Moore employees rate the overall compensation and benefits package 3.7/5 stars.
Compared to other brands like Sherwin William, the Benjamin Moore paint cost provides great value for your money, gives you an excellent coverage, and allows a smooth application without leaving brush marks.
Professional painters frequently utilize premium paints, such as Benjamin Moore and Sherwin-Williams, for their work. Sherwin-Williams is widely regarded as one of the top paint brands, providing a broad range of premium quality paints, including environmentally friendly options.
Largest shareholders include Vanguard Group Inc, BlackRock, Inc., State Street Corp, Price T Rowe Associates Inc /md/, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Fmr Llc, Morgan Stanley, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, and Alliancebernstein L.p. .
What Kind of Vehicle Does Warren Buffett Drive? Warren Buffett drives a Cadillac XTS, a car that is far from the flashy, high-end luxury vehicles that one might expect a billionaire to own. Consistent with his down-to-earth lifestyle, Buffett's choice of vehicle is practical, reliable, and understated.
World's third richest person Warren Buffet's Berkshire Hathaway has sold its last Walmart shares, ending a relationship of over 20 years. The world's largest retailer was once among Berkshire's five biggest equity holdings as recently as 2014, valued at over $5 billion.
The properties are diversified across various states in the U.S., showcasing Buffett's investment strategy of risk mitigation through diversification. In personal capacity, Warren Buffett owns just one main residential property - his long-time residence in Omaha, Nebraska.