
BusinessReported
Warren Buffett Steps Down as Berkshire Hathaway Chair After Five Decades
The 96-year-old investor becomes chair emeritus, with son Howard Buffett taking over as chair in a long-planned succession.
· 1 min read

The 96-year-old investor becomes chair emeritus, with son Howard Buffett taking over as chair in a long-planned succession.
Berkshire Hathaway announced that Warren Buffett is stepping down as chairman, with his son Howard Buffett taking over the role under a long-standing succession plan.

The 96-year-old investor is transferring control of his empire, valued at more than $1 trillion, to his son.

The traditional ruler of Uganda's Tooro Kingdom was laid to rest as questions over his successor surfaced, with a TV news presenter named as the new monarch while the late king's family says he had chosen an heir.