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Warren Buffett steps down as Berkshire Hathaway chairman

Warren Buffett, 96, is stepping down as chairman of Berkshire Hathaway, the company said on Friday. His son, 71-year-old Howard Buffett, will succeed him in the role. Buffett bought the struggling textile firm in 1965 and turned it into a multinational conglomerate with a market value of over $1 tri