{ "id": 8271510, "title": "Warren Buffett steps down as Berkshire Hathaway chairman", "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman-8271510", "topic": "business", "section": "Business", "published": "2026-09-18T16:57:03.000Z", "source": { "name": "The Korea Times", "slug": "the-korea-times-koreatimes", "url": "https://www.koreatimes.co.kr/world/20260919/warren-buffett-steps-down-as-berkshire-hathaway-chairman" }, "original_language": "en", "account": "Billionaire investor Warren Buffett announced Friday that he is stepping down as chairman of Berkshire Hathaway, the conglomerate announced on Friday. The renowned investor has led the group for over half a century, transforming it into a financial powerhouse. Effective immediately, Buffett's resignation takes effect, though he will continue as a board member but as chairman emeritus, as the company disclosed in a statement. Buffett's son, Howard Buffett, will assume the role of chairman, according to the statement. The 96-year-old had previously announced his intention to retire from leading the business group last year. Berkshire Hathaway, which began as a small textile company, has grown into a massive conglomerate under Buffett's guidance, currently valued at over $1 trillion on Wall Street, a historic achievement for an American company outside the tech industry. Today, his conglomerate owns a diverse portfolio of businesses, ranging from Duracell batteries to insurance giant Geico, and stakes in well-chosen companies such as Coca-Cola and Bank of America. Despite the inevitable march of Father Time, Buffett has demonstrated remarkable generosity throughout his career.", "summary": "WASHINGTON — Influential U.S. billionaire investor Warren Buffett stepped 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,\" although he will remain a member of the board of directors as…", "key_points": [], "editors_take": null, "illustration": null, "coverage": { "outlets": 15, "also_reported_by": [ { "outlet": "Fast Company", "title": "Warren Buffett, Richard Branson, and Satya Nadella feel their hobbies make them more successful. Science says they’re right", "url": "https://urgent.news/2026/09/17/warren-buffett-richard-branson-and-satya-nadella-feel-their-hobbies", "published": "2026-09-17T13:39:48.000Z" }, { "outlet": "Axios", "title": "Warren Buffett steps down as Berkshire Hathaway chairman", "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman", "published": "2026-09-18T10:24:31.000Z" }, { "outlet": "ABC News (US)", "title": "Warren Buffett steps down as Berkshire Hathaway chairman", "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman-8228992", "published": "2026-09-18T10:49:23.000Z" }, { "outlet": "NPR", "title": "Warren Buffett steps down as Berkshire Hathaway chairman", "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman-8236489", "published": "2026-09-18T10:58:49.000Z" }, { "outlet": "Times of India", "title": "Warren Buffett steps down as Berkshire Hathaway chairman", "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman-8234759", "published": "2026-09-18T11:08:33.000Z" }, { "outlet": "NZZ Wirtschaft", "title": "Warren Buffett tritt auch als Verwaltungsratspräsident von Berkshire Hathaway zurück", "url": "https://urgent.news/2026/09/18/warren-buffett-tritt-auch-als-verwaltungsratsprasident-von-berkshire", "published": "2026-09-18T11:08:37.000Z" }, { "outlet": "WSJ Markets", "title": "Warren Buffett Steps Down as Berkshire Hathaway Chairman", "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman-8233958", "published": "2026-09-18T11:09:00.000Z" }, { "outlet": "Seeking Alpha News", "title": "Warren Buffett steps down as Berkshire Hathaway chairman", "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman-8235303", "published": "2026-09-18T11:25:27.000Z" }, { "outlet": "The Hill", "title": "Warren Buffett steps down as Berkshire Hathaway chairman", "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman-8242790", "published": "2026-09-18T11:54:32.000Z" }, { "outlet": "Le Monde English", "title": "Warren Buffett steps down as Berkshire Hathaway chairman", "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman-8244679", "published": "2026-09-18T12:06:41.000Z" }, { "outlet": "Bloomberg", "title": "Warren Buffett Steps Down as Berkshire Hathaway Chairman", "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman-8255609", "published": "2026-09-18T13:56:53.000Z" }, { "outlet": "DW English (Top Stories)", "title": "Warren Buffett steps down as Berkshire Hathaway chairman", "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman-8263117", "published": "2026-09-18T15:19:00.000Z" }, { "outlet": "The Korea Times", "title": "Warren Buffett steps down as Berkshire Hathaway chairman", "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman-8269545", "published": "2026-09-18T16:42:03.000Z" }, { "outlet": "Al Jazeera", "title": "Warren Buffett steps down as Berkshire Hathaway chairman", "url": "https://urgent.news/2026/09/18/warren-buffett-steps-down-as-berkshire-hathaway-chairman-8284521", "published": "2026-09-18T18:32:24.000Z" } ] }, "ai_generated": true, "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original." }