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Warren Buffett steps down as Berkshire Hathaway chairman, succeeded by son Howard Buffett.

Market News
18 Sep 2026
Fox Business
View Source
Bearish
Warren Buffett steps down as Berkshire Hathaway chairman, succeeded by son Howard Buffett.

Legendary investor Warren Buffett has stepped down as chairman of Berkshire Hathaway after serving since 1965, with his son Howard Buffett taking over immediately. Buffett, who recently stepped down as CEO, expressed confidence in the company's future and praised Howard as the guardian of Berkshire's culture and values. CEO Greg Abel highlighted Buffett's unparalleled impact and commitment to maintaining the company's principles. Buffett's leadership helped Berkshire Hathaway deliver steady gains and build a reputation for long-term investing success.

As of September 18, 2026, 18:14 WIB, Berkshire Hathaway Inc Class B (BRK.B) trades at USD 508.40 on Pluang, slightly below its 52-week high of USD 529.65 and above the 52-week low of USD 465.39. The stock shows a modest 1-day decline of 0.25%, with a market cap of $1.09 trillion. Despite the leadership change, typical hold time on Pluang remains 157 days, and current order activity is heavily weighted towards selling at 91%.

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