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Billionaire Warren Buffett, 96, steps down as chairman of Berkshire Hathaway and names his successor, as he says: 'Father time always wins'

Posted on September 18, 2026
By Daily Mail
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1 min read

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Billionaire Warren Buffett, 96, steps down as chairman of Berkshire Hathaway and names his successor, as he says: 'Father time always wins'

Billionaire Warren Buffett has stepped down as the chairman of Berkshire Hathaway, effective immediately. The 96-year-old has passed the torch to his son, Howard.