Jain was subsequently named vice chairman in 2018 alongside Greg Abel, who is now deemed to be Buffett's successor as CEO when Buffett steps down. That's a title granted only to Jain, Abel, and the late Charlie Munger.

Berkshire Hathaway's Vice Chairman Ajit Jain has sold more than half of his stake in the company, garnering $139 million, according to a media report.

Buffett has credited Jain with adding tens of billions of dollars of shareholder value, and once said that if he, Jain, and late vice chairman Charlie Munger were in a sinking boat and only one could be saved, "Swim to Ajit."

Berkshire Hathaway vice-chair Ajit Jain more than halved his stake in Warren Buffett’s sprawling investment conglomerate, following Buffett’s move to cut his own ownership in the near-$1tn business.

Warren Buffett is regarded as one of the greatest investors of all time, and he has the track record to justify that view. Between when he took control of Berkshire Hathaway (BRK.

Warren Buffett made a small gift of stock to one or two individuals in an unusual move for the Berkshire Hathaway CEO. The Berkshire Hathaway CEO gave a total of 20 shares ofthe company’s class B stock,