Warren Buffett has officially stepped down as chairman of Berkshire Hathaway, marking the end of an era for one of the world’s most influential business leaders. According to recent reports, Buffett cited age and long‑term succession planning as key reasons for the transition. His son, Howard Buffett, is set to take on a larger leadership role within the company. Investors worldwide are closely watching how Berkshire’s strategic direction may evolve under new stewardship.