Ajit Jain

Quick Facts

Full Name	Ajit Jain
Occupation	Businessperson
Date Of Birth	Jul 23, 1951(1951-07-23)
Age	73
Birthplace	Odisha
Country	United States
Birth City	Odisha
Horoscope	Leo

Ajit Jain Biography

Ajit Jain is one of the most popular and richest Businessperson who was born on July 23, 1951 in Odisha, Odisha, United States. Ajit Jain (born 23 July 1951) is an Indian American executive who is the Vice Chairman of Insurance Operations for Berkshire Hathaway as of January 10, 2018. He was raised in India’s coastal state of Orissa. Ajit Jain is an older cousin of Anshu Jain, who was the former Co-CEO of Deutsche Bank.

In 1986, he left McKinsey to work on insurance operations for Warren Buffett. Jain was invited by his former boss, Michael Goldberg, who had left McKinsey & Co. to join Berkshire Hathaway in 1982. At the time, he said he knew little about the insurance business.

In the annual letter to shareholders on 2014, it was suggested that both Jain and Greg Abel could be appropriate successors for Warren Buffett as CEO of Berkshire Hathaway. In January 2018, Jain was named Berkshire Hathaway’s vice chair of insurance operations and appointed to Hathaway’s Board of Directors.

In 1978, Jain moved to the United States, where he earned an MBA from Harvard University and joined McKinsey & Co. He returned to India in the early 1980s and married. The Jains then moved back to the United States, as Jain’s wife preferred to live there.

Ajit Jain Net Worth

Ajit Jain is one of the richest Businessperson from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Ajit Jain 's net worth $5 Million. (Last Update: December 11, 2023)

In 1972, Jain graduated from the IIT Kharagpur in India with a BTech degree in Mechanical Engineering.

From 1973 to 1976, Jain worked for IBM as a salesman for their data-processing operations in India. He was named “Rookie of the Year” in his region in 1973. He lost his job in 1976 when IBM discontinued their operation in India because they declined to allow any Indian ownership of the company, as was then required by law.

In 2005, Jain established the Jain Foundation, a non-profit organization located in Seattle, Washington, the mission of which is to cure limb-girdle muscular dystrophies caused by dysferlin protein deficiency, a condition that Jain’s son has. Plavi Jain Mittal, who earned her PhD in molecular biology from Brandeis University, was the initial President and CEO. In May 2017, Mittal formed In-Depth Genomics, an organization providing free whole-genome sequencing and analysis to people with rare diseases.

Height, Weight & Body Measurements

Ajit Jain height Not available right now. Ajit weight Not Known & body measurements will update soon.

Who is Ajit Jain Dating?

According to our records, Ajit Jain married to Tinku Jain. As of December 1, 2023, Ajit Jain’s is not dating anyone.

Relationships Record : We have no records of past relationships for Ajit Jain. You may help us to build the dating records for Ajit Jain!

Facts & Trivia

Ajit Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in United States. Ajit Jain celebrates birthday on July 23 of every year.

How much Berkshire does Ajit Jain own?

Jain, a 35-year Berkshire veteran, manages its insurance operations, and Abel oversees everything else. Jain owns $185 million worth of Berkshire Hathaway shares, some of which are held by a private foundation.

Where does Ajit Jain live?

In January 2018, Jain was named Berkshire Hathaway’s vice chair of insurance operations and appointed to Hathaway’s board of directors. Jain lives in the New York City area.

How old is Ajit Jain?

70 years (July 23, 1951)

Who is Ajit Jain Berkshire?

16/ In 2009-10, Ajit Jain became the CEO of Berkshire Hathaway’s Reinsurance business. It was around this time that Warren Buffett wrote the words of praise mentioned in the opening statement of this thread. Ajit Jain became CEO in style indeed.

How much does Ajit Jain make?

What is the salary of Mr Jain? As the Vice Chairman of Insurance Operations & Director of Berkshire Hathaway, the total compensation of Mr Jain at Berkshire Hathaway is $19,014,250. There are no executives at Berkshire Hathaway getting paid more.