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Warren Buffett stepping down as chairman of Berkshire Hathaway: 'Father Time always wins'

Buffett's son, Howard, will replace him as chairman as dictated by a long-standing succession plan, Berkshire said.

Warren Buffett stepping down as chairman of Berkshire Hathaway: 'Father Time always wins'
Warren Buffett is stepping down as chairman of Berkshire Hathaway, the sprawling conglomerate worth $1 trillion that he has led since 1965. The 96-year-old legendary investor announced the move in a … [Read Full Story on CNBC →](https://www.cnbc.com/2026/09/18/buffett-stepping-down-as-berkshire-chairman.html)