Warren Buffett steps down as Berkshire Hathaway chairman

Business

Finance

Dana Malcolm | Observer Online Reporter |Journalist at Jamaica Observer

September 18, 2026

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Warren Buffett steps down as Berkshire Hathaway chairman

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WASHINGTON, United States (AFP) — Influential billionaire investor Warren Buffett will step down as chairman of Berkshire Hathaway, the conglomerate announced Friday.

The news brings to an end the revered investor’s more than half-a-century of running the group, which he turned into a financial behemoth.

Buffett’s resignation is “effective immediately” and he will remain a member of the board of directors, Berkshire Hathaway said in a statement.

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