BREAKING — WARREN BUFFETT STEPS DOWN AS BERKSHIRE CHAIRMAN━━━━━━━━━━━━━━━𝗪𝗛𝗔𝗧 𝗛𝗔𝗣𝗣𝗘𝗡𝗘𝗗Warren Buffett has stepped down as chairman of Berkshire Hathaway, effective immediately, ending a run in the role that stretched back to 1970. The 96-year-old "Oracle of Omaha" becomes chairman emeritus and will remain on the board.His son, Howard Buffett, a Berkshire director since 1993, takes over as chairman under a long-standing succession plan.━━━━━━━━━━━━━━━𝗕𝗨𝗙𝗙𝗘𝗧𝗧'𝗦 𝗪𝗢𝗥𝗗𝗦In a letter to shareholders Friday, Buffett said "Father Time always wins," adding that time has nonetheless been generous with him. He described the division of labor going forward: Greg Abel running the company operationally, while Howard guards the culture and values Buffett built. (NBC News) (Fox Business)━━━━━━━━━━━━━━━𝗧𝗛𝗘 𝗧𝗜𝗠𝗘𝗟𝗜𝗡𝗘Buffett has been with Berkshire since 1965 and became chairman in 1970. He stepped down as CEO at the end of 2025, handing that job to longtime lieutenant Greg Abel — a transition first announced at the May 2025 shareholder meeting. Friday's move ends his final formal title at the company.━━━━━━━━━━━━━━━𝗧𝗛𝗘 𝗟𝗘𝗚𝗔𝗖𝗬Under Buffett, Berkshire grew from a failing textile mill into a trillion-dollar conglomerate spanning railroads, insurance, and household brands like GEICO, Dairy Queen, Duracell, and Benjamin Moore. His compounded returns vastly outpaced the S&P 500 over six decades.━━━━━━━━━━━━━━━𝗠𝗔𝗥𝗞𝗘𝗧 𝗥𝗘𝗔𝗖𝗧𝗜𝗢𝗡Berkshire shares were little changed on the news, suggesting investors see the move as an orderly, long-planned handoff rather than a surprise.━━━━━━━━━━━━━━━Verified · Unsponsored · UnafraidTikTok @veridexmedia | YouTube @thronnie95 | Instagram @thronnie95 | X @thronnie95Veridex Media 2026 #news #warrenbuffett #viral #update #berkshirehathaway #fyp #stocks Beloud