In 1950, Louis bought out his brother in law, Simon Gorelick and his son Ike joined the business, who both retained the Borsheims name.
In 1989, investor Warren Buffett purchased a majority of Borsheims stock, making it part of his holding company, Berkshire Hathaway.
[5][6][7][8] Donald Yale stayed CEO until 1994, and when he retired, Buffett offered Susan Jacques the job of running the business.
[9] Ike Friedman died in 1991 and Donald Yale was named President and CEO.
[11] It has been the location of Berkshire shareholder-only events held in association with its annual general meeting.