New Delhi, Nov. 12 -- Billionaire value investor and the Chief Executive Officer (CEO) of the Omaha-based investment giant, Berkshire Hathaway, in his recent letter to the shareholders, announced that he is leaving his four family foundations with a billion-dollar parting gift.

The Oracle of Omaha, Warren Buffett, in his letter, announced that he will stop writing annual reports and speaking at the company meetings as the veteran investor now eyes retirement by the end of 2025.

Warren Buffett, in his letter to the shareholders, announced that the billionaire value investor has converted 1,800 Berkshire Hathaway Class A shares into 27 lakh Berkshire Hathaway Class B shares to allocate this to the four family foundations.

"Today, Warren ...