Warren Buffett steps down as Berkshire chairman, names son

financeSep 18, 202627937

Warren Buffett, 96, resigned as chairman of Berkshire Hathaway and named his son Howard Buffett as his successor. Buffett had served as Berkshire Hathaway chairman since 1970 and in a letter to shareholders wrote “Father Time always wins.” The announcement credited Buffett with turning Berkshire into an investing powerhouse. Multiple reports identify Howard Buffett as the new chair. Buffett said the change reflected his confidence about the company’s future and his acceptance of age as a factor in stepping aside. The move hands governance of Berkshire Hathaway to Howard Buffett and marks the end of a 56-year chairmanship that shaped the company’s strategy and public profile. Shareholder communications and news outlets have carried the resignation and the appointment as the company’s next leadership change.

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

33122d ago

tenseven6

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.

DBerl09096

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 War5

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

29621d ago

e.w. niedermeyer36

stepping down from berkshire hathaway after learning I would be working

Louis12

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

Ken Childs7

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

Jonathan Douglas PhD CPsych6

Great, just after I invested heavily in bad posts

Mike’s Hard Mayonnaise𓅣4

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

Tim 🏒2

Catwoman is too busy committing crimes

Forbes

@forbes.com

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

3722d 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.

Benn Jordan

@bennjordan.bsky.social

If there's one thing Warren taught us: If you bootstrap and work really really hard, you can earn enough to retire early and enjoy the second half of your life. www-foxbusiness-com.cdn.ampproject.org/v/s/www.foxb...

6021d ago

Dodecahedron4

I can't even tell if this is meant as a joke.

Daniel Pirone (He/Him)4

… If you don’t have any medical bad luck that makes it more like the second 1/8th of your life … we know it is possible to lift more of the boats along with the tide, we simply have to choose to do it as a society. We all stand on the shoulders of giants, no matter how bootstrappy we want to be.

Tartastrouille4

and If you skip the morning avocado toasts and Starbuck's coffee, you will end up saving close to a BiLLiOn DoLLArS!

Daniel Gwozdz1

Maybe the lesson is "Get out before the bubble pops."

David Lazarus

@davidlaz.bsky.social

The boys are rethinking their investment strategies now that Warren Buffett has stepped down. (Lupin is shorting the lizards)

4421d ago

@myrna-lee-1959@blsky.com2

I've decided that if given the opportunity to see content animals or connect with the news, I'm opting for the animals. on a personal note, Lupin going outside, and returning to the house is unheard of in my part of America. It's enviable. Truly, is.

barbiedahl.bsky.social2

Go crypto kids! Don’t tell dad though.

F.Thomas1

JE SURVEILLE LES LEZARDS RIEN D'AUTRE JE NE VEUX PAS LE FAIRE DU MAL ILS MANGENT LES MOUCHES LES MOUSTIQUES ALORS ONT LES AIMENT N'EST CE PAS LES MOUSTIQUES PIQUENT ET APRES NOUS AVONS DES BOUTONS ET CELA GRATTE PAS DROLE DU TOUT MAIS IL FAUT LES PROTEGER COMME LES GRENOUILLES ET LES HIRONDELLES 😉

Art G1

We best listen and follow the boys advice! Happy Friday to y'all, TGIF... 😂❤️🐶🐱

Hudson 🌈, Henry, Harry PolitiCats1

He looks like a day trader to me.

Bob Calhoun1

I guess we need to enjoy See’s Candies before his successors let the enshittification begin.

Fared Al Mahlool | فريد المحلول

@faredalmahlool.bsky.social

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

2222d 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:

3021d ago

Sam Ro

@tker.co

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

1521d ago

@cmerfy Lifelong Democrat

@cmerfy.bsky.social

📢🌊‼️ Icymi... Thank you for all your hard work, Warren, & for being such a decent guy #OV1 www.washingtonpost.com/business/202...

921d 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.

1122d ago

quasisocial 🏴

@quasisocial.bsky.social

warren buffett says everyone should withdraw their money from the bank at 9AM eastern time tomorrow 💖💕💓💗💝💞

1121d 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.

1021d 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

622d 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.

622d 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."

622d 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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