Billionaire investor Warren Buffett's Berkshire Hathaway share price hits $200,000

A stonking $200,000 ($118,000) – that’s the price of one share of Warren Buffett’s investment company Berkshire Hathaway

Price of a single class A share of Berkshire Hathaway soared on Thursday, bringing the Nebraska-based company’s market value to $327.8bn. The company is now the fourth biggest firm listed on the S&P.

Berkshire, which has invested in Coca-Cola, IBM, Goldman Sachs and Tesco, reported a record $6.4bn profit on revenue of $49.76bn in the second quarter.

Buffett, nicknamed the “Oracle of Omaha”, is the world’s third-richest person with a $58.2bn wealth pile .

Now read:

Meet the world’s top 10 billionaires of 2014

Warren Buffett shares his top 5 rules for real estate investments

Fancy being a billionaire this year? Enter Warren Buffett’s $1bn basketball challenge