Berkshire Hathaway deploys nearly $17B in back-to-back deals on Alphabet and Taylor Morrison

Berkshire Hathaway committed $10 billion to Alphabet through a private placement and agreed to acquire homebuilder Taylor Morrison for roughly $6.8 billion in equity, deploying nearly $17 billion in a matter of weeks. The Alphabet bet Berkshire’s $10 billion commitment to Alphabet came through a private placement split evenly between two share classes. The company purchased $5 billion in Class A shares at $351.81 per share and $5 billion in Class C shares at $348.20 per share, with the deal announced on June 1, 2026. The investment is part of Alphabet’s larger $80 billion equity raise designed to fund its AI infrastructure buildout. Rather than buying shares on the open market, Berkshire negotiated a direct deal with Alphabet. Taylor Morrison: building an empire, literally Berkshire agreed to pay $72.50 per share for Taylor Morrison, a 24% premium to Taylor Morrison’s May 29 closing price of $58.50. The deal values the company at approximately $6.8 billion in equity and roughly $8.5 billion in enterprise value. The transaction closed on July 24, 2026. Berkshire already owned Clayton Homes, one of the country’s largest manufactured housing companies. Adding Taylor Morrison to the po...