Ajit Jain was born in 23 July 1951, in Orissa, India, and is a Berkshire Hathaway employee, best known to be the head of several re-insurance businesses. The following year, he worked for IBM as a salesman for their data processing operations centered in India, and would quickly rise to prominence, becoming the “Rookie of the Year” in his region. According to the book “The Warren Buffett CEO: Secrets from the Berkshire Hathaway Managers” written by Robert P. Miles, Jain was not interested in returning to the United States if it was not for his wife who wanted to live there. How rich is Ajit Jain? He is the president of their Insurance group and is the head of their Indian Insurance market venture. Ajit Jain was born July 23, 1951 in Orissa, India.

Aside from this, Ajit practices the ancient Indian religion Jainism – because of which he is a strict vegetarian. [10], Jain lives in the New York City area.

He was raised in India's coastal state of Orissa. 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. This salary is 80 percent higher than average and 111 percent higher than median salary in Boise State University. Amit Jain Overview Amit Jain in 2019 was employed in Boise State University and had annual salary of $158,176. Before joining Blackstone in 2010, Mr. Jain worked at McKinsey & Company focusing on infrastructure and financial projects in India.

However, IBM discontinued their operation because they did not want any Indian ownership of the company, as required by the country’s law. [15], Indians in the New York City metropolitan region, "Warren Buffett takes a step closer to naming a successor as Berkshire appoints Abel and Jain to board as vice chairs", "Ajit Jain leads pack to take over from Warren Buffett", "Jain, Buffett Pupil, Boosts Berkshire Cash as Succession Looms", "Berkshire Hathaway Shareholder Letter for 2014", "Meet Ajit Jain, the man in charge of Warren Buffett's profit machine", "It's personal: Big business searches for cures", "Jain Foundation Steps Up Efforts to Find Cure for Muscular Dystrophy", "Feature Interview: Dr. Plavi Mittal, Founder & CEO, In-Depth Genomics", https://en.wikipedia.org/w/index.php?title=Ajit_Jain&oldid=984823553, Creative Commons Attribution-ShareAlike License. Warren’s son Howard is also said to succeed as the non-executive Chairman to ensure that the company would retain the culture it has been known for. [6], In 1986, he left McKinsey to work on insurance operations for Warren Buffett. He also founded the Jain Foundation in 2005 in hopes of curing dysferlinopathy, which is a neuromuscular disorder also known as Miyoshi myopathy, which is located in Seattle. Amit has 3 jobs listed on their profile.

Amit Jain is a Senior Managing Director in the Private Equity Group and is based in Mumbai. [5], In 1978, Jain moved to the United States, where he earned an MBA from Harvard University and joined McKinsey & Co. عرض ملف Amit Jain الشخصي على LinkedIn، أكبر شبكة للمحترفين في العالم. He continued to work there until 1976, steadily increasing his net worth. - Duration: 9:31.

guarantee that information on this website 100% accurate or complete. Ajit Jain Net Worth: Ajit Jain is an Indian born employee of Berkshire Hathaway who has a net worth of $2 billion dollars. Ajit Jain was born in 23 July 1951, in Orissa, India, and is a Berkshire Hathaway employee, best known to be the head of several re-insurance businesses. In 2014, it was suggested to shareholders that Jain and Greg Abel would be appropriate successors for Warren Buffet as the CEO of the company. He went back to the United States as his wife wanted to live there, continuing to work for McKinsey & Co. until 1986, when he was offered work on insurance for Warren Buffet’s Berkshire Hathaway; he was invited by his former McKinsey boss Michael Goldberg who also left the company to join Berkshire Hathaway four years prior. Ajit Jain is an older cousin of Anshu Jain, who was the former Co-CEO of Deutsche Bank. Ajit Jain is an older. View Amit Jain’s profile on LinkedIn, the world's largest professional community. Indian Institute of Technology Kharagpur (1972), Harvard Business School (1978), Indian Institute of Technology Kharagpur (1972), Harvard University. Show Amit Bhawani (PhoneRadar) 1,387,069 views 11:51 How do I run this Channel & How Many Smartphones Do I Own? He’s also known to be the older cousin of the former CEO of Deutsche Bank Anshu Jain. [5] 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. [7], 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. GovSalaries is not affiliated with any government entity. We cannot make He’s also known to be the older cousin of the former CEO of Deutsche Bank Anshu Jain. We strictly [11], 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. According to Buffet, Jain has created the re-insurance business out of nothing and has taken risks in markets no other company wanted to know about. He returned to India in the early 1980s and married. compliance. As of late-2016, sources estimate a net worth that is at $2 billion, mostly earned through his work with Berkshire Hathaway. [3][4], From 1973 to 1976, Jain worked for IBM as a salesman for their data-processing operations in India. The Jains then moved back to the United States, as Jain's wife preferred to live there.

See the complete profile on LinkedIn and discover Amit… employment, consumer credit, insurance, tenant screening, or any other purpose that would require FCRA He’s also considered to be the heir apparent to Warren Buffet, and all of his achievements have ensured the position of his wealth. GovSalaries is not a In 1972, Jain graduated from the IIT Kharagpur in India with a BTech degree in Mechanical Engineering. He was named "Rookie of the Year" in his region in 1973.

Amit Jain in 2019 was employed in Boise State University and had annual salary of $158,176 according to public records. Ajit attended the Indian Institute of Technology, Kharagpur and would graduate in 1972 with a degree in mechanical engineering. [8][9] In January 2018, Jain was named Berkshire Hathaway's vice chair of insurance operations and appointed to Hathaway's Board of Directors. prohibit the use of this website or the information it contains to make any determinations concerning 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. This salary is 80 percent higher than average and 111 percent higher than median salary in Boise State University. The salary (basic + DA) should be low. consumer Required fields are marked *.

Your email address will not be published. This page was last edited on 22 October 2020, at 09:31. 1. [1][2] He was raised in India's coastal state of Orissa. All Employees of Boise State University. Your email address will not be published.

[12][13] Pallavi Jain Mittal, who earned her PhD in molecular biology from Brandeis University,[14] was the initial President and CEO.

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All of his efforts have helped put his net worth to where it is today. Two years later, Jain moved to the United States and would study at Harvard Business School, earning his MBA, then joining McKinsey & Co. before returning to India in the 1980s to marry. Ajit knew very little about insurance when he joined the group, but slowly worked his way up until he became the President of the Berkshire Hathaway Insurance Group – his net worth would increase at a dramatic rate during this period. CA Amit Jain Thursday, July 31, 2008 Tax Saving Ideas TAX SAVING IDEAS FOR SALARIED PERSON.