Companies Berkshire Hathaway Inc
Berkshire Hathaway (BRK-B): executive pay, fiscal 2025
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CEO pay, last three years
- $413,595FY2023
- $405,111FY2024
- $389,488FY2025
CEO total pay was $389,488 in fiscal 2025, down from $405,111 in fiscal 2024.
FY2025: salary $100,000 · bonus $0
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Ajit Jain | $22,000,000 | $0 | — | — | — | — | $17,500 | $22,017,500 |
| Vice Chairman-Insurance Operations | ||||||||
| Gregory Abel | 22,000,000 | 0 | — | — | — | — | 17,500 | 22,017,500 |
| Vice Chairman-Non Insurance Operations | ||||||||
| Marc Hamburg | 4,312,500 | 0 | — | — | — | — | 17,500 | 4,330,000 |
| Senior Vice President/CFO | ||||||||
| Warren Buffett | 100,000 | 0 | — | — | — | — | 289,488 | 389,488 |
| Chief Executive Officer/Chairman | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Ajit Jain | $22,017,500 | $21,017,250 | $20,016,500 | ↑ +1,000,250 |
| Gregory Abel | 22,017,500 | 21,017,250 | 20,016,500 | ↑ +1,000,250 |
| Marc Hamburg | 4,330,000 | 4,081,046 | 3,853,461 | ↑ +248,954 |
| Warren Buffett | 389,488 | 405,111 | 413,595 | ↓ −15,623 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
Berkshire's compensation program is distinct from most public companies, with a policy that neither profitability nor stock market value are considered in executive compensation. The company never intends to use Berkshire stock in compensating employees, and executive compensation is set based on subjective factors such as performance perception and changes in functional responsibility.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
No outstanding equity awards are on file for this fiscal year.
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Wallace R. WeitzIndependent · Audit | $7,000 | — | — | — | — | $7,000 |
| Christopher C. DavisIndependent · Audit | 7,000 | — | — | — | — | 7,000 |
| Meryl B. WitmerIndependent · Audit | 7,000 | — | — | — | — | 7,000 |
| Kenneth I. ChenaultIndependent · Governance, Compensation and Nominating | 7,000 | — | — | — | — | 7,000 |
| Charlotte GuymanIndependent · Governance, Compensation and Nominating (Chair) | 3,000 | — | — | — | — | 3,000 |
| Howard G. BuffettNot independent | 3,000 | — | — | — | — | 3,000 |
| Thomas S. Murphy JrIndependent · Governance, Compensation and Nominating | 3,000 | — | — | — | — | 3,000 |
| Susan L. DeckerIndependent · Lead Independent Director · Audit | 3,000 | — | — | — | — | 3,000 |
| Stephen B. BurkeIndependent · Governance, Compensation and Nominating | 3,000 | — | — | — | — | 3,000 |
| Susan A. BuffettNot independent | 2,700 | — | — | — | — | 2,700 |
Board fee structure and ownership guideline
| Annual cash retainer | — |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | $900 |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $45,700 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $45,700 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Berkshire Hathaway as a peer
Companies that benchmark against BRK-B
2 companies name BRK-B as a compensation peer
- Archer-Daniels-Midland CoADMFY2025
- MERCURY GENERAL CORPMCYFY2024
Each company listed discloses BRK-B in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named BRK-B in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Berkshire Hathaway Inc | 2025 | Warren Buffett | $100,000 | — | — | — | $389,488 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-02 | 403,351 | 30,251 | 1,703 | 93.02% | Passed |
| 2025 | 2025-05-03 | — | — | — | — | — |
| 2023 | 2023-05-06 | 441,544 | 42,536 | 5,732 | 91.21% | Passed |
| 2020 | 2020-05-02 | 519,528 | 38,726 | 5,495 | 93.06% | Passed |
| 2017 | 2017-05-06 | 627,987 | 1,842 | 1,817 | 99.71% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-05-02 | 93.02%a |
| 2025 | 2025-05-03 | —b |
| 2023 | 2023-05-06 | 91.21%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 4.16 : 1 |
|---|---|
| CEO total compensation | $389,488 |
| Median employee compensation | $93,709 |
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Warren E. Buffett | Director | 2026-03-17 | D | 2 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Ajit Jain | Director | 2026-03-27 | D | 22 | — | — | Common | Form 4 ↗ |
| Michael J. O'Sullivan | See Remarks | 2026-05-06 | A | 53 | 470 | 24,922 | Common | Form 4 ↗ |
| Michael J. O'Sullivan | See Remarks | 2026-05-06 | A | 483 | 467 | 225,624 | Common | Form 4 ↗ |
| Charlotte Guyman | Director | 2026-05-14 | D | 574 | 0 | 0 | Common | Form 4 ↗ |
| Warren E. Buffett | Director | 2026-05-18 | D | 25 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Warren E. Buffett | Director | 2026-05-18 | D | 18,646 | 0 | 0 | Common | Form 4 ↗ |
| Warren E. Buffett | Director | 2026-05-18 | D | 18,646 | 0 | 0 | Common | Form 4 ↗ |
| Warren E. Buffett | Director | 2026-05-18 | A | 37,500 | 0 | 0 | Common | Form 4 ↗ |
| Warren E. Buffett | Director | 2026-05-22 | D | 160 | 0 | 0 | Common | Form 4 ↗ |
| Ajit Jain | Director | 2026-07-01 | D | 3 | — | — | Common | Form 4 ↗ |
| Warren E. Buffett | Director | 2026-07-14 | D | 8,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Warren E. Buffett | Director | 2026-07-14 | D | 1,000,000 | 0 | 0 | Common | Form 4 ↗ |
| Warren E. Buffett | Director | 2026-07-14 | D | 1,000,000 | 0 | 0 | Common | Form 4 ↗ |
| Warren E. Buffett | Director | 2026-07-14 | D | 1,000,000 | 0 | 0 | Common | Form 4 ↗ |
| Warren E. Buffett | Director | 2026-07-14 | D | 9,000,000 | 0 | 0 | Common | Form 4 ↗ |
| Warren E. Buffett | Director | 2026-07-14 | A | 12,000,000 | 0 | 0 | Common | Form 4 ↗ |
| Charles C. Chang | See Remarks | 2026-08-12 | A | 1 | 765,184 | 765,184 | Derivative, Class A Common | Form 4 ↗ |
| Charles C. Chang | See Remarks | 2026-08-12 | A | 1 | 765,190 | 765,190 | Derivative, Class A Common | Form 4 ↗ |
| Michael J. O'Sullivan | See Remarks | 2026-08-12 | A | 43 | 514 | 22,085 | Common | Form 4 ↗ |
| Michael J. O'Sullivan | See Remarks | 2026-08-12 | A | 400 | 513 | 205,008 | Common | Form 4 ↗ |
| Michael J. O'Sullivan | See Remarks | 2026-08-12 | A | 45 | 511 | 22,979 | Common | Form 4 ↗ |
| Ajit Jain | Director | 2026-09-03 | D | 10 | — | — | Common | Form 4 ↗ |
| Ajit Jain | Director | 2026-09-28 | D | 39,700 | 503 | 19,972,776 | Common | Form 4 ↗ |
| Ajit Jain | Director | 2026-10-21 | D | 19 | — | — | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
Sources (46 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Ajit Jain. DEF 14A, filed 2026-03-13. Section “Executive Compensation”. As printed: 22,017,500. View filing ↗
- Section 01, Gregory Abel. DEF 14A, filed 2026-03-13. Section “Executive Compensation”. As printed: 22,017,500. View filing ↗
- Section 01, Marc Hamburg. DEF 14A, filed 2026-03-13. Section “Executive Compensation”. As printed: 4,330,000. View filing ↗
- Section 01, Warren Buffett. DEF 14A, filed 2026-03-13. Section “Executive Compensation” · page 8. As printed: 389,488. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-03-13. Section “CEO Pay Ratio”. As printed: 4.16 : 1. View filing ↗
- Section 08, Wallace R. Weitz. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 7,000. View filing ↗
- Section 08, Christopher C. Davis. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 7,000. View filing ↗
- Section 08, Meryl B. Witmer. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 7,000. View filing ↗
- Section 08, Kenneth I. Chenault. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 7,000. View filing ↗
- Section 08, Charlotte Guyman. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 3,000. View filing ↗
- Section 08, Howard G. Buffett. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 3,000. View filing ↗
- Section 08, Thomas S. Murphy Jr. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 3,000. View filing ↗
- Section 08, Susan L. Decker. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 3,000. View filing ↗
- Section 08, Stephen B. Burke. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 3,000. View filing ↗
- Section 08, Susan A. Buffett. DEF 14A, filed 2026-03-13. Section “Director Compensation”. As printed: 2,700. View filing ↗
- Section 02, Warren E. Buffett 2026-03-17. Form 4, filed 2026-03-19. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Ajit Jain 2026-03-27. Form 4, filed 2026-03-27. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael J. O'Sullivan 2026-05-06. Form 4, filed 2026-05-06. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael J. O'Sullivan 2026-05-06. Form 4, filed 2026-05-06. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Charlotte Guyman 2026-05-14. Form 4, filed 2026-05-18. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Warren E. Buffett 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Warren E. Buffett 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Warren E. Buffett 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Warren E. Buffett 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Warren E. Buffett 2026-05-22. Form 4, filed 2026-05-26. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Ajit Jain 2026-07-01. Form 4, filed 2026-07-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Warren E. Buffett 2026-07-14. Form 4, filed 2026-07-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Warren E. Buffett 2026-07-14. Form 4, filed 2026-07-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Warren E. Buffett 2026-07-14. Form 4, filed 2026-07-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Warren E. Buffett 2026-07-14. Form 4, filed 2026-07-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Warren E. Buffett 2026-07-14. Form 4, filed 2026-07-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Warren E. Buffett 2026-07-14. Form 4, filed 2026-07-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Charles C. Chang 2026-08-12. Form 4, filed 2026-08-13. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Charles C. Chang 2026-08-12. Form 4, filed 2026-08-13. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael J. O'Sullivan 2026-08-12. Form 4, filed 2026-08-13. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael J. O'Sullivan 2026-08-12. Form 4, filed 2026-08-13. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael J. O'Sullivan 2026-08-12. Form 4, filed 2026-08-13. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Ajit Jain 2026-09-03. Form 4, filed 2026-09-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Ajit Jain 2026-09-28. Form 4, filed 2026-09-29. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Ajit Jain 2026-10-21. Form 4, filed 2026-10-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-05-07. Item 5.07 · say-on-pay result. As reported: 93.02% (votes for as printed: 403,351). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-05-06. Item 5.07 · say-on-pay result. As reported: — (votes for as printed: 3,564). View filing ↗
- Section 06, 2023 vote. Form 8-K, filed 2023-05-10. Item 5.07 · say-on-pay result. As reported: 91.21% (votes for as printed: 441,544). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 45,700 + equity 0 + all other 0 = 45,700, summed across the director compensation table rows.
- Berkshire Hathaway Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-03-13. CEO total compensation as printed in Berkshire Hathaway Inc's own proxy. As printed: 389,488. View filing ↗