Is Indian-origin Ajit Jain the successor to Warren Buffet? Is Indian-origin Ajit Jain the successor to Warren Buffet? Is Indian-origin Ajit Jain the successor to Warren Buffet? Is Indian-origin Ajit Jain the successor to Warren Buffet?

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Is Indian-origin Ajit Jain the successor to Warren Buffet?

 
Asked by: Super Userkruijs in Business » People
Currently Open, suspends 06/29/2013 22:05 (in )
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Background


Addressing the much-talked about succession plan at Berkshire Hathaway, legendary investor Warren Buffett today said the sprawling conglomerate has identified his successor.

Without disclosing the name of his successor, the octogenarian billionaire in his annual letter to shareholders said the conglomerate's board has had a "great deal of exposure" to the chosen person.

A couple of names including India-origin Ajit Jain, who manages the multi-billion dollar Berkshire Hathaway Reinsurance Group, have been doing the rounds as possible successors to Mr Buffett.

http://www.ndtv.com/article/india/is-indian-origin-ajit-jain-the-successor-to-warren-buffet-179850&cp

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User comments

   Super Userkruijs
Warren Buffett’s successor at Berkshire Hathaway has already been chosen and disclosed at this very moment. But Warren and the rest of Berkshire Hathaway plan on keeping this person’s identity secret for the time being. The way things go in the business world, it is a fact that the stress and strife that come along with working as a high level executive could unfortunately cause the successor to pass on prior to Mr. Buffett. So it makes sense that they would want to keep this individual’s identity under wraps for the time being.

http://www.warrenbuffett.com/an-update-about-warren-buffett/

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