Warren Buffett built his fortune through long-term investing at his firm, Berkshire Hathaway. Johannes EISELE / AFP via Getty Images Warren Buffett is stepping down as chairman of Berkshire Hathaway, the company said on Friday. In a statement, the company said Buffett had been named chairman emeritus, effective immediately, and will remain a member of the board of directors. He will be replaced by his son, Howard Graham Buffett, the release said. This is a developing story. Check back for updates. Read the original article on Business Insider
Warren Buffett built his fortune through long-term investing at his firm, Berkshire Hathaway.Johannes EISELE / AFP via Getty Images Warren Buffett is stepping down as chairman of Berkshire Hathaway, the company said on Friday. In a statement, the company said Buffett had been named chairman emeritus, effective immediately, and will remain a member of the board of directors. He will be replaced by his son, Howard Graham Buffett, the release said. This is a developing story. Check back for updates. Read the original article on Business Insider