Businessman

Ajit Jain Net Worth

Ajit Jain Net Worth is
$2 Billion



Ajit Jain Biography

$2 Billion: Ajit Jain (born 1951 in Orissa, India) can be an Indian born worker of Berkshire Hathaway who presently heads many reinsurance businesses. He grew up in India’s coastal condition of Orissa. He’s a strict vegetarian due to his religious beliefs, Jainism. Ajit Jain can be an old cousin of Anshu Jain, who presently heads the Deutsche Lender as Co-CEOFrom 1973 to 1976, Jain proved helpful for IBM as a salesman because of their data-processing functions in India. He was called ‘Rookie of the Season’ in his area in 1973. He dropped his job in 1976 when IBM discontinued their procedure in India because they declined to permit any Indian possession of the business, as was after that required for legal reasons.In 1978, he moved to america, where he attained an MBA from Harvard Business College and joined up with McKinsey & Co.. He came back to India in the first 1980s and married. Then they moved back to america, as his wife favored to live there.In 1986, he remaining McKinsey to focus on insurance procedures for Buffett. Jain was invited by his previous boss, Michael Goldberg, who had remaining McKinsey & Co to become listed on Berkshire Hathaway in 1982. At that time, he said he understood small about the insurance business. Today, Jain may be the President of Berkshire Hathway Insurance group.In the annual letter to shareholders on 2014, it’s advocated that both he and Greg Abel could possibly be appropriate successors for Warren Buffett as CEO of Berkshire Hathaway. Ajit Jain Net Well worth Ajit Jain can be an Indian born worker of Berkshire Hathaway who includes a net well worth of $2 billion dollars. Ajit Jain was created July 23, 1951 in Orissa, India. He graduated in 1972 from the IIT Kharagpur with a bachelor’s level in engineering Jain worked well for IBM in India from 1973 to 1976, then moved to america, where he gained an MBA from Harvard Business College in 1978. He became a member of McKinsey & Co., but came back to India in the first 1980s. After per month very long courtship, he wedded Tinku Jain, a woman selected by his parents. Then he returned to america to function for McKinsey. Relating to Robert P. Miles’ publication “The Warren Buffett CEO: Secrets from the Berkshire Hathaway Managers”, Jain stated he would not need came back to America, but his wife wished to move there In 1985 he remaining McKinsey to focus on insurance procedures for Buffett. At that time, he stated he knew small about the insurance business. Today, Jain may be the President of Berkshire Hathaway Insurance group. He’s leading Berkshire’s Indian insurance marketplace venture. Jain is broadly regarded as the heir obvious to Warren Buffet. Many pundits place him as the near future CEO of Berkshire Hathaway. Ajit Jain works the highly profitable specialty reinsurance business in Berkshire Hathaway who comes with an estimated net well worth of $2 billion. Born on July 23, 1951 in Orissa, India, he gained his Bachelors level in Engineering at IIT Kharagpur in 1972. From 1973 to 1976, he worked for IBM India. Then moved to america and gained his MBA at Harvard Business College in 1978. Then became a member of McKinsey & Co. but came back to India to obtain married in the first 1980’s. In 1986, he remaining McKinsey to function for Warren Buffet on insurance procedures at Berkshire Hathaway. Presently, Jain may be the President of Berkshire Hathaway Insurance Group which is definitely the jewel band of the Buffet business empire. It’s been a significant income generator and is well known when planning on taking risks that actually others in the insurance business community had currently avoided. It has covered the fitness of the Yankee superstar Alex Rodriguez in addition to a plan that provided PepsiCo, Inc. a safety for a sweepstakes that possibly paid a $1 billion grand prize but no one earned it. He single-handedly got the duty of the initial ever venture created by Berkshire in the Indian insurance marketplace, the Berkshire India Ltd. or BerkshireInsurance.com.


Known for movies



Quick Facts

Full NameAjit Jain
Date Of BirthJuly 23, 1951
ProfessionBusinessperson
EducationHarvard Business School, Indian Institute of Technology Kharagpur, Harvard University
NationalityAmerican
SpouseTinku Jain


Filmography

Actor

TitleYearStatusCharacter
Madras Cafe2013Ajit
Diaries Don't Lie2012ShortJoshi
Source
IMDB

Celebrity Net Worth

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