A release from IIT Kharagpur said today: “Till now, the institute has been receiving only monetary donations. “Ajit is very close and dear to Warren Buffett. Ajit is going to do a lot of big things for IIT Kharagpur. IIT Kharagpur receives several crores of rupees from alumni every year, but Jain’s contribution has been hailed as a “special” one. With that move, Mike achieved sainthood: Since then, Ajit has created tens of billions of value for Berkshire shareholders.”

Source: The Telegraph July 13, 2017 21:56 UTC