Warren Buffett steps down as Berkshire chairman, names son

financeSep 18, 202618603

Warren E. Buffett, 96, resigned immediately as chairman of Berkshire Hathaway and was named chairman emeritus, according to Berkshire and news reports. Howard G. Buffett, Buffett’s son, succeeds him as chairman; Berkshire said the change follows a long-standing succession plan. Buffett has held the chairman post since 1970, a span noted in reporting, and wrote in a letter to shareholders “Father Time always wins.” Berkshire will continue to be led day-to-day by CEO Greg Abel, who remains in that role. Buffett will remain on Berkshire’s board as chairman emeritus, the company said.

Carl Quintanilla

@carlquintanilla.bsky.social

OMAHA, Neb. (AP) - Warren Buffett steps down as chairman of Berkshire Hathaway, a post he has held since 1970. @apnews.com $BRK

2837h ago

tenseven5

This is where Berkshire Hathaway came into being in 1955 -- a merger of two textile mill companies in Adams, Massachusetts. Berkshire Fine Spinning and Hathaway Manufacturing.

DBerl09094

Warren Buffett: “Be kind, and the world is better off. I'm not sure that the world will be better off if I'm richer."

Cream Puff War4

What a run. Glad he gets to enjoy his golden years. And some Dairy Queen.

taz1.bsky.social1

Ugh this will not end well for those investors

Quoting this

Ash4

end of the American century

Jerry Chen

@jcsalterego.bsky.social

stepping down from berkshire hathaway after learning i would not be working with anne

1893h ago

e.w. niedermeyer19

stepping down from berkshire hathaway after learning I would be working

Louis6

totally agree, it’s been my lifelong dream to work with anne berkshire

Jonathan Douglas PhD CPsych4

Great, just after I invested heavily in bad posts

Ken Childs4

At least you'd have an office in The Berkshires?

Mike’s Hard Mayonnaise𓅣2

This is what killed Lehman Brothers. Everybody quit when they found out they wouldn’t be working with Dr. Joyce Brothers.

Sentimentalist1

Always read the fine print Jerry

Forbes

@forbes.com

Buffett, who is the world’s 10th-richest person, will be replaced as Berkshire Hathaway chair by his son, Howard.

247h ago

D'metri Kepi2

So it's less that buffet is stepping down and more that he's providing a dynasty position.

dannypiazza.bsky.social1

This money hoarding miser now doing nepotism. Bring back the Eisenhower era tax brackets! Tax this bastard 91%, and his son too.

Fared Al Mahlool | فريد المحلول

@faredalmahlool.bsky.social

BREAKING: Warren Buffett is stepping down immediately as Berkshire Hathaway chairman

207h ago

The Atlantic

@theatlantic.com

“Warren Buffett has truly been, and will remain, one of a kind,” Seth A. Klarman wrote in 2025. He explores what made Buffet an American role model:

244h ago

Sam Ro

@tker.co

“Father Time always wins. He has, however, been generous with me.” - Warren Buffett

115h ago

The Wall Street Journal

@wsj.com

He worked at a candy shop and ran a farm—but he's no stranger to corporate boards. Meet Howie Buffett, Berkshire Hathaway's new chairman.

84h ago

tenseven

@tenseven.bsky.social

This is where Berkshire Hathaway came into being in 1955 -- a merger of two textile mill companies in Adams, Massachusetts. Berkshire Fine Spinning and Hathaway Manufacturing.

57h ago

NASFACTS

@nasfacts.bsky.social

the time has come for warren buffett to step down so he can fulfill his lifelong passion for racing in the nascar cup series

56h ago

DBerl0909

@dberl.bsky.social

Warren Buffett: “Be kind, and the world is better off. I'm not sure that the world will be better off if I'm richer."

46h ago

Pitchbot Reply Guy

@pitchbotturd02.bsky.social

Why did 96-year-old Warren Buffett step down as chairman of Berkshire Hathaway? Because he was too woke.

66h ago

Zack Feddich 📯

@zackfeddich.bsky.social

Jetzt war ich dann doch neugierig, wie alt der Sohn ist, wenn er schon 96 ist. 71. Hat irgendwie was von der britischen Königsfamilie. 🤨 en.wikipedia.org/wiki/Howard_... Der Enkel Howard Warren Buffett ist 42. Der ist es offenbar nicht.

43h ago

Darren Buck

@bikepedantic.bsky.social

i only have two individual stocks in my IRA, Berkshire Hathaway is one of them

34h ago

Conor

@ernekid.bsky.social

Howard Buffett was clearly the best man for the job. The fact that he’s Warren Buffetts son is entirely coincidental

47h ago

George Gantsoudes

@pedsortho.bsky.social

Warren Buffett is stepping down today. I don’t know if he’s actively dying, but the day he dies, the world will become a better place. This is not because he is a bad man, but because the vast majority of his wealth will go to funding numerous different charities focused on equality.

46h ago

1 source

nytimes.comWarren Buffett Steps Down as Berkshire Chairman, Names Son to Replace Him

Bank of Japan raises rates to 31-year highfinance Warren Buffett steps down as Berkshire chairman, names sonfinance

Warren Buffett steps down as Berkshire chairman, names son

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