September 18, 2026 8:59 PM

Warren Buffett steps down as Berkshire chairman, son Howard succeeds

Berkshire Hathaway BRKa.N said on Friday that Warren Buffett will step down as chairman and become chairman emeritus, effective immediately, nine months after handing the CEO reins to longtime lieutenant Greg Abel. The company named his son, Howard Buffett, a director since 1993, as chairman. Warren Buffett is credited with transforming Berkshire from a failing textile company into a $1.1 trillion conglomerate while building an investment philosophy that influenced generati...

June 30, 2026 9:27 AM

Warren Buffett skips donation to Gates Foundation amid Epstein review, WSJ reports

Warren Buffett is skipping his usual mid-year multibillion-dollar donation to the Gates Foundation as he waits to see the findings of a review by the foundation of its ties to late sex offender Jeffrey Epstein, the Wall Street Journal reported on Monday. The foundation has been mired in controversy due to Chairman Bill Gates' association with Epstein. A release of emails in January by the U.S. Justice Department also showed communication between Epstein and the Gates Foundation's staff. Gates ...

December 31, 2025 1:48 PM

‘Oracle of Omaha’ Warren Buffett steps down as Berkshire Hathaway CEO after six decades

Legendary investor Warren Buffett, widely known as the "Oracle of Omaha," will step down as Chief Executive Officer (CEO) of Berkshire Hathaway today, bringing to a close one of the most extraordinary leadership tenures in corporate history. Buffett, who turns 95 this year, has led the conglomerate for nearly six decades, transforming it from a struggling New England textile manufacturer into a diversified global powerhouse valued at over USD 1 trillion. Buffett took control of Berkshire H...