World & National · North America

Warren Buffett Steps Down as Berkshire Chairman and Names Son to Replace Him

“Father Time always wins,” the 96-year-old, who turned Berkshire Hathaway into an investing powerhouse, said in a letter to shareholders. He will remain on the board as chairman emeritus.

18 September 2026Live

Sources

The New York Times. https://www.nytimes.com/2026/09/18/business/warren-buffett-berkshire-chairman.html

“Father Time always wins,” the 96-year-old, who turned Berkshire Hathaway into an investing powerhouse, said in a letter to shareholders. He will remain on the board as chairman emeritus.

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