Jain joined Berkshire Hathaway in 1986 and has since become one of the most successful executives in the company. He is currently the Vice Chairman of Insurance Operations and is responsible for the company's reinsurance operations. Jain's net worth of $2 billion dollars makes him one of the wealthiest people in the world.
Ajit Jain is an Indian born employee of Berkshire Hathaway who has a net worth of $2 billion dollars. Born in Orissa, India in 1951, Jain graduated from IIT Kharagpur in 1972 with a bachelor's degree in engineering. After working for IBM in India from 1973 to 1976, he moved to the United States and earned an MBA from Harvard Business School in 1978. Jain joined Berkshire Hathaway in 1986 and has since become one of the most successful executives in the company. He is currently the Vice Chairman of Insurance Operations and is responsible for the company's reinsurance operations, making him one of the wealthiest people in the world.
Ajit Jain is a member of Wall Street
💰Ajit Jain Net worth: $2 Billion
He joined McKinsey & Co., but returned to India in the early 1980s. After a month long courtship, he married Tinku Jain, a girl chosen by his parents. Then he went back to the United States to work for McKinsey. According to Robert P. Miles' book "The Warren Buffett CEO: Secrets from the Berkshire Hathaway Managers", Jain said he would not have returned to America, but his wife wanted to move there In 1985 he left McKinsey to work on insurance operations for Buffett. At the time, he said he knew little about the insurance business. Today, Jain is the President of Berkshire Hathaway Insurance group. He is leading Berkshire's Indian insurance market venture. Jain is widely considered to be the heir apparent to Warren Buffet. Many pundits place him as the future CEO of Berkshire Hathaway.
