Warren Buffett Steps Down
Warren Buffett is stepping down as Berkshire Hathaway chairman after six decades.
September 18, 2026 · Updated Sep 18, 8:34pm ET
21%
Left · 4
58%
Center · 11
21%
Right · 4
Pano rates the coverage Balanced.
What happened
Warren Buffett
Warren BuffettAmerican investor, entrepreneur and businessman stepped down as chairman of Berkshire Hathaway and became chairman emeritus effective immediately. Berkshire named Howard Buffett
Howard Graham BuffettAmerican photographer and philanthropist, his son, to replace him as chairman. Greg Abel
Greg AbelCanadian businessman will continue running Berkshire as CEO, while Howard Buffett’s role is to guard the company’s culture and values. Buffett led Berkshire from a struggling textile company into a roughly $1 trillion conglomerate, with a compounded annual return of about 19.7% since 1965. Buffett said the timing was right because Abel had exceeded his expectations and his age was catching up with him. His letter said “Father Time
Father Timepersonification of time passing always wins.” Buffett will remain on Berkshire’s board.
How the left told it
Left-leaning outlets led with Buffett’s stature as a builder, then treated the handoff as a calm age-driven succession. CNN highlighted Berkshire’s rise into one of the world’s most valuable companies through value investing. The Guardian centered age as the main reason for the transition. HuffPost used Abel’s reassurance that Berkshire’s culture and values would remain central.
How the right told it
Right-leaning outlets led with time catching up to Buffett, then framed the change as a dignified continuity plan. The New York Post lingered on his age while also emphasizing Berkshire’s growth from textile maker to trillion-dollar giant. Epoch Times presented the move as completing a leadership transition, anchored by confidence in Abel and Howard Buffett.








