The most costly share worldwide at the end of 2020

  •   02/02/2021 - 08h18
  •   cecile

Among the shares quoted on the stock markets around the world, many are accessible to almost any investor that wishes to add them to their stock market portfolio. But there are some that require a significant level of capital investment due to their extremely high price. In this article we shall examine the most expensive share on the worldwide stock markets as at 18 December 2020.

The most costly share worldwide at the end of 2020

Berkshire Hathaway shares are the most expensive worldwide:

As at the 18 December 2020, the most expensive share worldwide was no other than that of the Berkshire Hathaway Group. On that date, to purchase a single share of this company you would have to pay the amount of 327,401 American dollars.

It should be remembered here that this American company is also one of the highest value companies worldwide with a value of around 455 billion dollars.

But what exactly are the activities exercised by the Berkshire Hathaway Company? This company’s principal activities are in the insurance and financial sectors. However it is this company’s activity diversification strategy that has enabled it to grow so much over recent years, notably in the sectors related to rail services and public services as well as food and non-food products.

 

Why is this share so expensive?

The fact that the Berkshire Hathaway shares are currently the most expensive shares on the markets worldwide is not due to luck or chance. In achieving such a high price this asset has become highly sought after by investors, and this is not by chance. It should be remembered here that it is a highly renowned investor that owns a major part of the Berkshire Hathaway Company’s capital, Mr. Warren Buffet, a name known worldwide. This American investor and entrepreneur is particularly renowned for his successful investments that have enabled him to build a fortune.

To succeed in its growth strategy and continue to generate an increasingly high turnover and profits Berkshire Hathaway has implemented a development strategy for its activities through the creation or acquisition of various subsidiaries:

  • The subsidiary GEICO is notably specialised in vehicle insurance.
  • The General Re Company is specialised in the reinsurance sector.
  • The primary Berkshire Hathaway Group is specialised in insurance.
  • The subsidiary BNSF is a company specialised in rail transport.
  • The Berkshire Hathaway Energy Company is specialised, as indicated by its name, in electricity and gas.
  • Finally, the subsidiary McLane Company is specialised in wholesale commerce.

 

What are the other most expensive shares worldwide?

Again, as at the 18 December 2020, the other highest priced shares worldwide after Berkshire Hathaway were as follows: Lindt & Sprüngli, NVR Incorporated, Amazon Inc, Seabord Corporation, Booking Holding, Cable One, Alphabet Inc, AutoZone Incorporated, and the Merkel Corporation.