Yes, Dairy Queen is owned by Warren Buffett through Berkshire Hathaway, which acquired Dairy Queen parent company International Dairy Queen Inc in 1997 for 585 million dollars, making Dairy Queen subsidiary of Berkshire Hathaway, with Warren Buffett as chairman and CEO of Berkshire Hathaway ultimate owner. Dairy Queen is American fast food and soft serve ice cream chain founded in 1940 in Joliet, Illinois, USA, by John Fremont McCullough and son Alex, known for soft serve Blizzards, burgers, and treats, with over 7,000 locations worldwide, headquartered in Bloomington, Minnesota, now subsidiary of Berkshire Hathaway since 1997 acquisition. Warren Buffett is famous investor and chairman and CEO of Berkshire Hathaway, conglomerate holding company headquartered in Omaha, Nebraska, which owns many companies including GEICO, Duracell, See's Candies, and Dairy Queen, with Buffett known for acquiring companies with strong brand and simple business model, with Dairy Queen fitting his investment criteria of beloved brand with franchise model. Berkshire Hathaway purchased International Dairy Queen in 1997 for 585 million dollars cash, and Dairy Queen has remained subsidiary since, operating independently with its own management but owned by Berkshire, with Warren Buffett as ultimate owner through Berkshire Hathaway, though day to day operations run by Dairy Queen management team. So yes, Dairy Queen is owned by Warren Buffett via Berkshire Hathaway, which acquired it in 1997 for 585 million dollars, making Dairy Queen part of Berkshire Hathaway portfolio of companies owned by Buffett, with headquarters in Bloomington, Minnesota, operating as subsidiary of Berkshire Hathaway.
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