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