Buffett hints Ajit Jain could head his $500-billion company

On being asked about his successor to his over $500-billion worth company Berkshire Hathaway, 88-year-old Warren Buffett said Gregory Abel and India-born Ajit Jain could join him in future to answer shareholders' questions. "You could not have two better operating managers. It's just fantastic what they've accomplished," said Buffett on the recently promoted board directors.