History of Ajit Jain in Timeline

By Popular Timelines Editorial Team · Updated: May 3, 2025

Ajit Jain is a highly regarded Indian-American business executive, currently serving as the Vice Chairman of Insurance Operations for Berkshire Hathaway, a position he has held since January 10, 2018. He is recognized for his expertise in the insurance sector and his significant contributions to Berkshire Hathaway's success. He is also the older cousin of Anshu Jain, the former Co-CEO of Deutsche Bank.

Sections (1)

Full Timeline

July 1951: Birth of Ajit Jain

In July 1951, Ajit Jain was born.

Others born on this day/year

1972: Graduated from IIT Kharagpur

In 1972, Ajit Jain graduated from IIT Kharagpur in India with a B.Tech in Mechanical Engineering.

1973: Named "Rookie of the Year" at IBM

In 1973, Ajit Jain was named "Rookie of the Year" in his region while working as a salesman for IBM's data-processing operations in India.

1976: Lost Job at IBM

In 1976, Ajit Jain lost his job at IBM when they discontinued their operation in India.

1978: Moved to the United States

In 1978, Ajit Jain moved to the United States to earn an MBA from Harvard University and joined McKinsey & Co.

1982: Michael Goldberg joined Berkshire Hathaway

In 1982, Michael Goldberg joined Berkshire Hathaway.

1986: Left McKinsey to work for Warren Buffett

In 1986, Ajit Jain left McKinsey to work on insurance operations for Warren Buffett at Berkshire Hathaway.

2005: Established the Jain Foundation

In 2005, Ajit Jain established the Jain Foundation, a non-profit organization focused on curing limb-girdle muscular dystrophies.

2014: Considered as Successor for Warren Buffett

In the annual letter to shareholders in 2014, it was suggested that both Ajit Jain and Greg Abel could be appropriate successors for Warren Buffett as CEO of Berkshire Hathaway.