Warren Buffett is making a change. The 96-year-old billionaire investor, who is worth $144.7 billion, shared news with his shareholders on Friday, September 18 that he stepped down from his role as chairman of Berkshire Hathaway after more than five decades.
“Father Time always wins,” he wrote in a letter to shareholders. “He has, however, been generous with me. He has given me the opportunity to see Berkshire reach a point where I am more confident than ever about what lies ahead.
Warren’s oldest son, Howard G. Buffett , 71, will succeed him as chairman. As the billionaire moves into a new chapter in his life, meet his three children who will…
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