Berkshire Hathaway Posts $1.295B in 2025 Dividends; Gates Foundation Holds 60%

BRKABRKA

Berkshire Hathaway earned $816 million in dividends from Coca-Cola and $479 million from American Express in 2025, reflecting yields of 65% and 44% on cost. The Bill & Melinda Gates Foundation holds 60% of its $38 billion portfolio in Berkshire Hathaway, while Pershing Square USA plans a $5–10 billion IPO.

1. 2025 Dividend Income from Coca-Cola and American Express

Berkshire Hathaway earned $816 million in dividends from Coca-Cola and $479 million from American Express in 2025, reflecting yield-on-cost of 65% and 44% respectively. These long-held positions contribute a steady cash flow supporting Berkshire's diverse investment operations.

2. Gates Foundation's 60% Equity Allocation

The Bill & Melinda Gates Foundation holds 60% of its $38 billion equity portfolio in Berkshire Hathaway, making it one of the largest single-position allocations. This reflects institutional trust in Berkshire's value investing approach and its resilience compared to higher-growth sectors.

3. Pershing Square USA IPO Mirrors Buffett Model

Bill Ackman's Pershing Square USA filed to offer shares at $50 each in a $5–10 billion IPO, securing $2.8 billion in commitments and offering 20 management shares for every 100 investor shares. The closed-end fund structure is modeled on Berkshire Hathaway, aiming to build a permanent investment platform.

Sources

FFF