About Ajit Jain
Ajit Jain is an Indian-American executive.
He is the vice-chairman of insurance operations at Berkshire Hathaway, an American multinational conglomerate. His related to Anshu Jain, the former co-CEO of Deutsche Bank.
While Jain is originally from India, he moved to America to further his career. After his incredible success as an executive, he started a no-profit organization called The Jain Foundation in Seattle, Washington.
The mission of the organization is to find a cure for limb-girdle muscular dystrophies caused by a deficiency of the dysferlin protein, a medical condition that his own son is afflicted with. His son, Akshay Jain, is the CEO of his foundation.
Ajit Jain Net Worth, Earnings & Spending Habits
What is Ajit Jain’s net worth?
Jain's estimated net worth is $2 billion. His primary source of net worth is his position as the vice-chairman of insurance operations at Berkshire Hathaway and his prior experience in the Indian insurance market.
How much does Ajit Jain earn per year?
Jain's annual income is estimated to be $19 million.
Height, Age & Physical Attributes
How tall is Ajit Jain?
His height is 6 ft 1 in (185 cm).
How old is Ajit Jain?
Ajit Jain is 71 years old, as of 2022. He was born on July 23, 1951, in Odisha, India.
Childhood And Education
Ajit Jain is an Indian-American insurance operator. His hometown is Sundargarh, Odisha, India. His cousin, Anshu Jain, was the co-CEO of Deutsche Bank. Jain studied at Stewart School, Cuttack. For his higher education, he went to IIT Kharagpur, from where he graduated with a degree in mechanical engineering. Later, he pursued an MBA at Harvard University.
Family, Romance And Relationships
Who is Ajit Jain’s partner?
Ajit Jain is married Tinku Jain in the early '80s in India. They have a son named Akshay Jain.
Career And Professional Highlights
Best Known For…
Ajit Jain is an Indian-American executive. He commenced his professional journey as a salesman at IBM and was soon named Rookie of the Year. However, things started to change when he had to leave his job in 1976 as the company declined Indian ownership as was required by Indian law at the time.
In 1978, he went to the USA to earn an MBA from Harvard University. He got the opportunity to join McKinsey & Co., where he worked until 1986. In 1982, his former boss from McKinsey & Co. invited Jain to join Berkshire Hathaway, to work under Warren Buffett. In 2018 he was named the vice-chairman of insurance operations and was appointed to the conglomerate's board of directors.
What awards has Ajit Jain won?
Ajit Jain was awarded the most celebrated Alumnus Award by IIT Kharagpur.
Other Interesting Ajit Jain Facts And Trivia
He is an alumnus of Harvard Business School, where he pursued a master's in business administration.
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