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Warren Buffett abruptly steps down as chairman of Berkshire Hathaway at age 96: "Father Time always wins"

In a surprise to the world of finance, billionaire mogul Warren Buffett made an announcement on Friday that he was officially stepping down from Berkshire Hathaway and handing over control to his

What changed: The story moved back to developing status. Drasker last checked the live reporting Sep 18, 2026, 11:31 PM EDT.
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