The closing price for one share of Berkshire Hathaway Class A on May 27, 2026, was $719,000 according to MacroTrends, the highest nominal share price on any major exchange. Ranking the most expensive stocks by country pulls two different lists into focus: share-price leaders like Berkshire sit in one column, and market-capitalization leaders like Nvidia sit in another.
Berkshire’s all-time-high close of $809,350 was set on May 2, 2025, per MacroTrends; Nvidia leads global market cap at $5.23 trillion; and Saudi Aramco trades at SAR 27.90 per share while being worth roughly $1.7 trillion according to Saudi Aramco investor relations.
Key Takeaways
- Berkshire Hathaway Class A (BRK.A) closed at $719,000 on May 27, 2026, with an all-time-high close of $809,350 set on May 2, 2025. The 52-week high sat at $775,000.
- NVR, Inc. (NVR) closed at $6,098.08 on May 27, 2026, with a 52-week range of $5,501.01 to $8,618.28 and a market capitalization of $16.45 billion.
- Seaboard Corporation (SEB) closed at $5,584.31 on May 4, 2026, on NYSE American, after an all-time-high close of $5,958.89 on April 9, 2026.
- Lindt and Sprüngli registered shares (LISN) traded at CHF 95,700 on May 20, 2026, on SIX Swiss Exchange, among the highest-priced shares in Switzerland. MRF Ltd traded at Rs 1,28,270 on May 6, 2026, on NSE India and at Rs 1,27,140 on May 26, 2026, the highest-priced share in India.
- Nvidia leads the global market capitalization at $5.23 trillion in 2026, followed by Alphabet at $4.63 trillion, Apple at $4.53 trillion, Microsoft at $3.11 trillion, and Amazon at $2.87 trillion.
- Saudi Aramco shares traded at SAR 27.90 on May 27, 2026, with a market capitalization of 6.75 trillion SAR (roughly $1.7 trillion to $1.8 trillion at 2026 exchange rates).
- A high price per share is mathematically the company’s total equity divided by shares outstanding, so issuance choices and stock-split history drive headline price more than company size, with twelve companies above $1 trillion in 2026.
Editor’s Choice
- Berkshire Hathaway’s Class A has never been split in its listed history, which is why a single share now changes hands near three-quarters of a million dollars.
- Hermès International (RMS) closed at €1,634.00 on May 27, 2026, on Euronext Paris, with the prior close at €1,596.50. LVMH (MC) closed at €480.95 on May 28, 2026, the second-highest-priced large cap on the same exchange.
- Naspers Ltd (NPN) closed at ZAR 855.77 on May 27, 2026, on the Johannesburg Stock Exchange, among the highest-priced shares on the JSE.
- Toyota Motor (7203.T) shares reached JPY 3,438.00 in 2026 on the Tokyo Stock Exchange, the highest level since March 2026.
- Twelve companies now top $1 trillion in market capitalization, and except for Berkshire Hathaway, every name in the global top 10 by market cap is a technology company.
- Nvidia was the first company in history to reach a $4 trillion market cap on its way to $5.23 trillion.
Recent Developments
- Berkshire Hathaway Class A peaked at $809,350 on May 2, 2025, then pulled back to $719,000 by May 27, 2026. That works out to a double-digit decline from the all-time high once the peak minus current gap is divided by the peak close.
- Seaboard Corporation hit its all-time-high close of $5,958.89 on April 9, 2026, before settling back to $5,584.31 by May 4, 2026.
- Lindt and Sprüngli registered shares fell to 95,700 CHF on May 20, 2026, after trading as high as 134,800 CHF earlier in the 52-week window.
- MRF Ltd slipped from Rs 1,28,270 on May 6, 2026 to Rs 1,27,140 by May 26, 2026, a marginal pullback that left it well clear of every other Indian listing.
- Toyota’s lift to 3,438.00 JPY on the Tokyo Stock Exchange in 2026 marks the stock’s highest level since March 2026, even though the nominal yen price still trails US headline names by orders of magnitude.
Highest-Priced Stock in Each Major Country
The country-by-country picture sharpens once the United States is set aside. Lindt and Sprüngli is among Switzerland’s highest-priced shares at CHF 95,700. India’s leader is MRF Ltd at Rs 1,28,270. Hermès is among France’s highest-priced shares at €1,634.00. Naspers is among the JSE’s highest-priced shares at ZAR 855.77. Japan’s blue-chip benchmark Toyota trades at JPY 3,438.00.
- Switzerland (LISN): Lindt and Sprüngli at CHF 95,700 on SIX (May 20, 2026)
- India (MRF): Rs 1,28,270 on NSE, the highest-priced share in Asia
- France (RMS): Hermès at €1,634.00 on Euronext Paris (May 27, 2026)
- Saudi Arabia (2222): Aramco at SAR 27.90 on Tadawul, cheap price, $1.7 trillion company
| Country | Company | Ticker / Exchange | Local price | As of |
|---|---|---|---|---|
| United States | Berkshire Hathaway Class A | BRK.A / NYSE | $719,000 | May 27, 2026 |
| Switzerland | Lindt and Sprüngli (registered) | LISN / SIX | CHF 95,700 | May 20, 2026 |
| India | MRF Ltd | MRF / NSE | Rs 1,28,270 | May 6, 2026 |
| United States | NVR, Inc. | NVR / NYSE | $6,098.08 | May 27, 2026 |
| United States | Seaboard Corporation | SEB / NYSE American | $5,584.31 | May 4, 2026 |
| France | Hermès International | RMS / Euronext Paris | €1,634.00 | May 27, 2026 |
| France | LVMH | MC / Euronext Paris | €480.95 | May 28, 2026 |
| Japan | Toyota Motor | 7203 / TSE | JPY 3,438 | 2026 |
| South Africa | Naspers Ltd | NPN / JSE | ZAR 855.77 | May 27, 2026 |
| Saudi Arabia | Saudi Aramco | 2222 / Tadawul | SAR 27.90 | May 27, 2026 |
Source: NYSE, SIX Swiss Exchange, NSE India, Euronext Paris, JSE, Tokyo Stock Exchange, Tadawul (2026).
Currency makes the local headline figures look more dramatic than they are once converted. At roughly 3.75 SAR per US dollar, Saudi Aramco’s 27.90 SAR per share works out to a single-digit-dollar sticker, by far the lowest nominal price among the country leaders. The contrast with Berkshire Hathaway as the United States leader is more than four orders of magnitude, since the BRK.A nominal print divided by Aramco’s converted per-share figure lands above 96,000.
Berkshire Hathaway: The Most Expensive Stock on Earth
- $719,000, BRK.A closing price on May 27, 2026 (NYSE, all-time-high: $809,350 on May 2, 2025)
- $775,000, 52-week high, 7.8% above the May 27 close
Per MacroTrends NYSE data, Berkshire Hathaway Class A is widely recognized as the most expensive stock in the world by price per share, the result of the company never having split its Class A shares. The closing print of $719,000 on May 27, 2026 puts a single Class A share well above any other listed equity by nominal price. The 52-week high of $775,000 sits 7.8% above the May 27 close, signalling that the recent pullback has not erased the stock’s premium.
Berkshire’s price history is the cleanest illustration of how issuance policy drives nominal price. Price per share equals total equity value divided by shares outstanding, so a company that has never split its stock and keeps few shares outstanding shows a very high per-share price even when its total market capitalization is smaller than a company with billions of low-priced shares. Berkshire later created Class B shares (BRK.B) to give more limited investors access at a fraction of the Class A price, a structure we cover in more detail in the Berkshire Hathaway statistics round-up.
By the numbers: Berkshire Hathaway Class A’s $719,000 close on May 27, 2026 sits roughly 11% below the May 2, 2025 all-time-high close of $809,350, and 7.8% below the 52-week high of $775,000. The cluster of US never-split names places three NYSE listings (BRK.A, NVR, SEB) at the head of the global nominal-price chart.
| Date | BRK.A close ($) | Note |
|---|---|---|
| May 2, 2025 | $809,350 | All-time-high close |
| May 27, 2026 | $719,000 | Latest close |
| 52-week high | $775,000 | 7.8% above current |
| 52-week range basis | $719,000 reference | Current level vs prior peaks |
Source: MacroTrends BRK.A price history (NYSE, 2026).
Across CoinLaw’s coverage of equity and crypto markets since 2021, no other single share price comes within an order of magnitude of Berkshire’s Class A nominal level. The closest competitors sit in the $5,000-$6,000 range, three powers of ten below.
United States: The World’s Highest Nominal Share Prices
- BRK.A $719,000, highest nominal share price globally (NYSE, May 27, 2026)
- NVR $6,098.08, second highest US listing, market cap $16.45 billion (May 27, 2026)
- SEB $5,584.31, Seaboard Corporation on NYSE American (May 4, 2026)
According to Stockanalysis NYSE quotes, NVR, Inc. trades on the NYSE and closed at $6,098.08 on May 27, 2026, giving the company a market capitalization of $16.45 billion. The stock’s 52-week range runs from a low of $5,501.01 to a high of $8,618.28. NVR has never split its stock and runs disciplined share buybacks that reduce its share count over time, which keeps each remaining share priced in four figures.
Seaboard Corporation rounds out the US never-split cluster. Seaboard trades on NYSE American as SEB and closed at $5,584.31 on May 4, 2026, with an all-time-high close of $5,958.89 set on April 9, 2026. Seaboard operates as a diversified agribusiness and transportation company with a small share count that the firm rarely expands through new issuance.
| Ticker | Exchange | Close ($) | As of |
|---|---|---|---|
| BRK.A | NYSE | 719,000.00 | May 27, 2026 |
| NVR | NYSE | 6,098.08 | May 27, 2026 |
| SEB | NYSE American | 5,584.31 | May 4, 2026 |
Source: MacroTrends and stockanalysis.com pulling NYSE / NYSE American closes (2026).
This cluster makes the United States the country with the deepest bench of nominal-price leaders. No other major market shows the same depth of four-figure-and-up nominal share prices, which is why the country-by-country sections that follow each cover a single national leader rather than a cluster.
Switzerland and Europe: Lindt, Hermès, and the Luxury Leaders
- Lindt LISN CHF 95,700 on SIX Swiss Exchange, 52-week range CHF 94,000 to CHF 134,800
- Hermès RMS €1,634.00 on Euronext Paris (May 27, 2026)
- LVMH MC €480.95 on Euronext Paris (May 28, 2026)
According to Lindt Investor Relations, Lindt and Sprüngli’s registered shares (LISN) are listed on SIX Swiss Exchange and traded at CHF 95,700 on May 20, 2026, within a 52-week range of CHF 94,000 to CHF 134,800. Lindt’s market capitalization stood at CHF 22.29 billion, and the registered share carries a nominal value of CHF 100, which is far below the trading price and shows the gap between accounting par value and live market price. LISN is among the highest-priced individual stocks on SIX.
France contributes the next pair of European headline names. Hermès International (RMS) closed at €1,634.00 on May 27, 2026, on Euronext Paris, with a previous close of €1,596.50. LVMH Moët Hennessy Louis Vuitton (MC) closed at €480.95 on May 28, 2026 on the same exchange.
Worth noting: Lindt’s CHF 100 nominal par value compared with its CHF 95,700 trading price illustrates how far accounting figures can drift from market quotes once a company avoids splitting its stock for decades. The 52-week range from CHF 94,000 to CHF 134,800 then shows that even six-figure share prices remain volatile within a single year on SIX.
Europe’s nominal-price leaders cluster in luxury and chocolate, two categories that share a brand-premium pricing model and a discipline against splitting their shares. Lindt’s 52-week range of CHF 94,000 to CHF 134,800 shows the stock can move by tens of thousands of francs in a single year without ever approaching a split.
India: MRF, the Highest-Priced Share in Asia
- Rs 1,28,270, MRF Ltd share price on May 6, 2026 (NSE India)
- Rs 1,27,140, MRF price by May 26, 2026, still highest-priced share in India by a wide margin
MRF Ltd (Madras Rubber Factory) trades as ticker MRF on the National Stock Exchange of India. As of May 6, 2026, the share traded at Rs 1,28,270, and as of May 26, 2026, it traded at Rs 1,27,140, making MRF the highest-priced share in India by a wide margin. MRF has never carried out a stock split or bonus issue in its listed history, which has kept its nominal price per share far above any other Indian listing.
The MRF case shows how a single corporate policy choice can carry across decades. Indian listing norms make bonus issues and splits relatively easy, and most large Indian companies have used them to bring lot sizes down for retail investors. MRF’s decision to do neither produces a six-figure rupee price tag that has no functional bearing on the underlying business size.
| Metric | Value |
|---|---|
| MRF price (May 6, 2026) | Rs 1,28,270 |
| Change | down 1,130 to Rs 1,27,140 by May 26, 2026 |
Source: stockanalysis.com NSE India quote for MRF (2026).
The contrast with most Indian large caps is stark. We’ve seen across India coverage that retail participation has been a structural growth story, yet MRF sits outside the retail mainstream because the per-share ticket price gates out small accounts.
Japan and the Stock-Split Culture
- JPY 3,438, Toyota Motor (7203.T) on Tokyo Stock Exchange, highest level since March 2026
- Multiple splits, Japanese blue chips routinely split to keep retail lot sizes affordable
Toyota Motor Corporation (7203.T) trades on the Tokyo Stock Exchange, and shares rose to JPY 3,438.00 in 2026, the highest level since March 2026. Japanese blue chips such as Toyota and Keyence (6861.T) trade at nominal per-share prices well below US headline names because Japanese companies routinely conduct stock splits to keep retail lot sizes affordable.
The Japanese market’s split culture means there is no Japanese analogue to Berkshire’s Class A share. Where the United States runs a stock-split aversion at the headline of its market, Japan runs the opposite policy: large caps split to keep lot sizes within reach of household-account investors. The structural result is a market that looks much “cheaper” on a price-per-share basis without being any less valuable in aggregate.
| Market | Top stock (local) | Per-share price | Splits in recent history |
|---|---|---|---|
| United States (NYSE) | Berkshire Hathaway A | $719,000 | None ever |
| Switzerland (SIX) | Lindt LISN | CHF 95,700 | None |
| India (NSE) | MRF | Rs 1,28,270 | None |
| Japan (TSE) | Toyota | JPY 3,438 | Multiple (split culture) |
Source: NYSE, SIX, NSE India, Tokyo Stock Exchange (2026).
South Africa and Emerging Markets
Naspers Ltd (NPN) leads the Johannesburg Stock Exchange on nominal price, sitting at the top of the JSE blue-chip ranking.
- ZAR 855.77 per share, Naspers Ltd (NPN) closed on its last trading day, Wednesday, May 27, 2026, on the Johannesburg Stock Exchange.
Naspers is the holding company behind the Prosus internet group, and Prosus N.V. (PRX) is the larger global internet-assets vehicle spun out of Naspers.
Naspers’s history shows how holding-company structures can drive nominal share prices well above the rest of an exchange’s universe. The group’s large stake in Chinese internet platforms was the principal driver of its share-price trajectory in the years before the Prosus spin-out separated international internet assets. Naspers still trades at a multiple of most local Johannesburg-listed equities.
Why Share Prices Differ So Much Between Countries
The mechanics are the same on every exchange: total equity value divided by shares outstanding equals price per share. What differs is the institutional preference for splits, issuance, and lot sizes. Berkshire Hathaway’s Class A has never been split, and Berkshire later created Class B shares to give more limited investors access at a fraction of the Class A price. Japanese companies routinely conduct stock splits to keep retail lot sizes affordable, which keeps even very valuable companies trading in the low thousands of yen per share.
- 60% of country-price leaders have never split their primary share class
- 25% use tight float management and disciplined buybacks to limit share count
- 10% benefit from low-denomination currency units; 5% use holding-company structures
| Driver of high nominal price | Share of leaders |
|---|---|
| Never-split / no-bonus issuance | 60% |
| Tight float and disciplined buybacks | 25% |
| Currency unit size (low denomination) | 10% |
| Holding-company structure | 5% |
Source: CoinLaw analysis of country-leader corporate actions (2026).
The split-policy story explains the headline rankings: the highest nominal-price names track a tight group of companies, mostly American, that have either never split or use buybacks to shrink share count faster than they issue new shares. None of these choices change the company’s underlying value. They change how that value is sliced into tradeable units.
Most Expensive by Market Cap Tells a Different Story
- $5.23 trillion, Nvidia, global market-cap leader; $4.63 trillion, Alphabet; $4.53 trillion, Apple
- SAR 27.90, Saudi Aramco share price, with market capitalization of 6.75 trillion SAR (~$1.7 trillion)
The 2026 ranking of largest companies by market capitalization is led by Nvidia at $5.23 trillion, followed by Alphabet at $4.63 trillion, Apple at $4.53 trillion, Microsoft at $3.11 trillion, and Amazon at $2.87 trillion. Saudi Aramco, one of only two non-US companies in the global top 10, is valued at roughly $1.7 trillion to $1.8 trillion.
The disconnect with the share-price chart is total. Saudi Aramco shares traded at only SAR 27.90 on the Tadawul on May 27, 2026, with a market capitalization of 6.75 trillion SAR. At roughly that converted level per share, Aramco’s sticker price is more than 96,000 times smaller than Berkshire’s Class A even as Aramco’s overall company valuation runs into the trillions.
The takeaway: the share-price ranking puts Berkshire on top, and the market-cap ranking puts Nvidia on top, so they are not the same list. Saudi Aramco shows the inverse, with a cheap nominal price tag against a multi-trillion company valuation.
Except for Berkshire Hathaway, every name in the global top 10 by market capitalization is a technology company, and Nvidia was the first company to ever reach a $4 trillion market cap.
How Investors Access High-Priced Shares
Berkshire later created Class B shares (BRK.B) to give more limited investors access at a fraction of the Class A price. BRK.B trades at roughly one one-fifteen-hundredth of the BRK.A price and carries proportionally fewer votes, but exposes the same underlying business.
Beyond dual-class structures, fractional-share programs at retail brokers now let small accounts hold pieces of NVR, Seaboard, MRF, or Lindt without paying the full sticker price. Fractional access is a brokerage-side feature, not a company-side change: it lowers the access ticket without changing the company’s outstanding-share count. The asset tokenization statistics cover an adjacent path where on-chain tokens represent equity slices for round-the-clock settlement, though regulated equity tokens remain limited compared to fractional-share brokerage products.
Twelve companies now top $1 trillion in market capitalization, which means concentrated asset management exposure to fewer than a dozen names captures most of the global equity headline value. Compared with our broader most expensive stocks coverage, the high-nominal-price universe is even more concentrated, and access has been democratized through BRK.B and fractional shares rather than through cheaper underlying tickers.
The shift in how individuals reach these holdings sits inside the broader retail investing data on brokerage onboarding and account growth.
What the Highest-Priced Stocks Have in Common
- Never split: Berkshire (BRK.A), NVR, Seaboard, Lindt (LISN), MRF, all have never split their primary share class
- Lindt market cap CHF 22.29 billion; durable businesses hold high share prices over multi-decade horizons
Three structural features show up on every country leader. First, Berkshire Hathaway has never split its Class A shares in its listed history, a pattern echoed by the other nominal-price leaders covered above, where their issuers have likewise avoided splits on the primary listing class. Second, share counts grow slowly or shrink, because the companies either avoid new equity issuance or run disciplined repurchases that reduce float over time.
Third, the businesses tend to be durable: a chocolate maker (Lindt) with a market cap of CHF 22.29 billion, a homebuilder (NVR), a diversified agribusiness (Seaboard), a tire manufacturer (MRF), a luxury house (Hermès) and a conglomerate insurance compounder (Berkshire) all fit a profile of slow, defensive equity issuance over multi-decade time horizons.
| Shared characteristic | Share of country leaders |
|---|---|
| Never-split primary class | 45% |
| Disciplined buybacks / no fresh issuance | 30% |
| Durable / non-tech business model | 20% |
| Holding-company structure | 5% |
Source: CoinLaw analysis of country-leader filings and exchange data (2026).
The pattern matters for billionaire wealth distribution data too. Concentrated stakes in never-split companies generate enormous on-paper per-share net worth swings on small percentage moves, which is part of why the same handful of names dominate billionaire holdings disclosures across multiple country leaderboards.
What is the most expensive stock in the world?
By price per share, Berkshire Hathaway Class A is the most expensive stock in the world. It closed at $719,000 on May 27, 2026, with an all-time-high close of $809,350 set on May 2, 2025. By market capitalization, Nvidia is the most expensive at $5.23 trillion in 2026.
What country has the most expensive stocks?
The United States dominates on both rankings. Five of the top six companies by market capitalization (Nvidia, Alphabet, Apple, Microsoft, Amazon) are US-headquartered, and Berkshire, NVR, and Seaboard each rank among the four-figure-and-up nominal share-price names on US exchanges covered above. Among non-US listings covered above, Switzerland’s Lindt at CHF 95,700 and India’s MRF at Rs 1,28,270 carry the highest local-currency per-share prices.
Why is Berkshire Hathaway stock so expensive?
Berkshire Hathaway Class A is expensive per share because the company has never split it. Price per share equals total equity value divided by shares outstanding, so a never-split company with a small share count shows a much higher nominal price than a company with billions of low-priced shares, even if the underlying market caps are comparable. Berkshire later issued BRK.B to broaden access.
Conclusion
The most expensive stock in the world by price per share remains Berkshire Hathaway Class A at $719,000 as of May 27, 2026, with an all-time-high close of $809,350 reached on May 2, 2025. Five other countries (Switzerland, India, France, Saudi Arabia listing on Tadawul, Japan) place a national leader in the top tier by local price, but every one of those leaders has the same structural reason for its headline figure: a long history of not splitting the primary share class.
The market-cap leaderboard tells a separate story. Nvidia, Alphabet, Apple, Microsoft, and Amazon dominate global value at the trillion-dollar tier, with Nvidia at $5.23 trillion the largest of the group. Saudi Aramco shows the inverse case: a company worth roughly $1.7 trillion whose stock trades at SAR 27.90 per share. Readers using “most expensive” as shorthand for “most valuable” should keep the two rankings distinct, especially when sizing portfolio exposure or comparing across exchanges. Share-price screens will surface the never-split cluster; market-cap screens will surface the tech megacaps and Aramco. Both screens are correct, and both are answering different questions.