Prem Watsa
- January 11, 2024
- Businessman
Quick Facts
Prem Watsa Biography
| Birthday | Aug 5 |
| Birth Year | 1950 |
Prem Watsa is one of the most popular and richest Businessman who was born on August 5, 1950 in Hyderabad, Telangana, India.
After graduating, Watsa worked for the insurance company Confederation Life. In 1984, he started an investment firm with his former boss Tony Hamblin, called Hamblin Watsa Investment Counsel. In 1985, Watsa took over Markel Financial, a small Canadian trucking insurance company that was verging on bankruptcy, and renamed it Fairfax Financial Holdings. He helped grow the company, where it reached annual revenues of $8 billion a year in 2012. Despite his success, he largely stayed out of the public eye, only beginning to hold investor conference calls in 2001.
In June 2009, he was appointed as the ninth chancellor of the University of Waterloo.
Prem Watsa Net Worth
| Net Worth | $1.1 billion (September 2016) |
| Source Of Income | Businessman |
| House | Living in own house. |
Prem Watsa is one of the richest Businessman from India. According to our analysis, Wikipedia, Forbes & Business Insider, Prem Watsa 's net worth $1.1 billion (September 2016). (Last Update: December 11, 2023)
Prem Watsa CM (born 1950) is an Indo – Canadian billionaire businessman who is the founder, chairman, and chief executive of Fairfax Financial Holdings, based in Toronto. He has been called the “Canadian Warren Buffett.”He was given the Padma Shri Award, the fourth Highest civilian award in India, in January 2020.
Height, Weight & Body Measurements
Prem Watsa height Not available right now. Pia weight Not Known & body measurements will update soon.
Who is Prem Watsa Dating?
According to our records, Prem Watsa married to Nalini Loganadhan. As of December 1, 2023, Prem Watsa’s is not dating anyone.
Relationships Record : We have no records of past relationships for Prem Watsa. You may help us to build the dating records for Prem Watsa!
Facts & Trivia
Pia Ranked on the list of most popular Businessman. Also ranked in the elit list of famous people born in India. Prem Watsa celebrates birthday on August 5 of every year.
What is Prem Watsa buying?
Founder Prem Watsa buys US$149-million of Fairfax Financial stock. Andrew Willis. Published June 15, 2020.
How did Prem Watsa make his money?
He would strike a goldmine in the following year when his new firm took over a sinking insurance company that was renamed Fairfax Financial Holdings. Watsa’s business acumen steered the company towards positive growth, and its revenue reached US$19.3 billion in 2021.
Who owns Prem Watsa?
Prem Watsa CM
Occupation| Businessman
Board member of| Chairman of Fairfax Financial Holdings
Does Prem Watsa own BlackBerry?
Prem Watsa’s Fairfax Financial owns BlackBerry stock and convertible bonds. The firm’s potential 16% stake was worth as much as $2 billion on Thursday.
How much of Fairfax does Prem Watsa own?
Watsa, directly, and indirectly through 1109519 Ontario Limited, The Sixty Two Investment Company Limited and 810679 Ontario Ltd., owns the controlling equity voting interest of Fairfax Financial Holdings Limited(“Fairfax”). He owns roughly 10% of Fairfax, which accounts for 99% of his personal wealth.