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Buffett Steps Down After 50 Years | La Crosse News
Warren Buffett, the 96-year-old investing titan and “Oracle of Omaha,” is stepping down as chairman of Berkshire Hathaway after 54 years, passing the torch to his son Howard Buffett — while remaining chairman emeritus. Buffett, who once outpaced his own secretary in tax rates, built a global empire from a struggling textile company and became one of history’s most generous billionaires, pledging 99% of his fortune to charity. His legacy includes co-founding The Giving Pledge and mentoring CEO Greg Abel, whom he praised for exceeding expectations. Despite the historic transition, Berkshire’s…
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