Berkshire Hathaway's Class A Shares Cost About $766,000. Here's Why the Class B Shares Exist.

Key Points Warren Buffett issued Class B shares when Class A shares became too expensive for the average investor. Class B shares don't come with the same voting rights as Class A shares. Class B shares were split 50-to-1 in 2010. 10 stocks we like better than Berkshire Hathaway › Before the days of the internet, there would be lists of stocks with their prices in the back of the newspapers every day. Prices were typically two or three digits, and one stock would stand out curiously with its four-digit price. Decades later, Berkshire Hathaway 's (NYSE: BRKA) (NYSE: BRKB) stock price has expanded to six digits as it outperformed the market. However, that's for Class A shares. There are also Class B shares, which trade at $510.