Business · 20 September 2026
Warren Buffett steps down, handing his $1 trillion empire to son
USA White House via Wikimedia Commons (CC-PD-Mark)
On Friday, September 18, Warren Buffett, aged 96, declared his resignation from the position of chairman at Berkshire Hathaway. His son, Howard Buffett, 71, known as "Howie," takes over as chairman, while Greg Abel became CEO in 2025. Buffett continues to hold a position on the board of directors for the $1 trillion company, serving as chairman emeritus.
Reported by Le Monde.fr · How we write briefs