NEW DELHI: Billionaire philanthropist Warren Buffett, in his letter to shareholders, has said he will “go quiet” after stepping down as Chief Executive Officer (CEO) of Berkshire Hathaway at year‑end.

Buffett, 94, also confirmed plans to step up his philanthropic efforts, pledging to donate the remaining $149 billion in Berkshire stock which he still holds.

In his final famed annual letter as CEO, Buffett also reflected on business and ageing, saying that "I am at the office five days a week where I work with wonderful people.”

He disclosed that he had converted 1,800 Class A shares, worth about $1.35 billion, into the company’s lower-priced B shares and donated them to four of his family foundations.

“To improve the probability that they will dispose of what will essentially be my en

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