Newly appointed Berkshire Hathaway vice chairman Ajit Jain not only oversees all of Berkshire’s insurance operations, he has a significant stake in the conglomerate.
Berkshire’s regulatory filing this past Thursday revealed that Jain has roughly $109 million in Berkshire stock.
Jain owns $21.7 million of Berkshire stock, and also indirectly owns $87.5 million of Berkshire stock held by his wife, a family non-profit foundation and two family trusts.
The filing makes clear that Jain needs to not only stay in Warren Buffett’s good graces, he definitely need to be good to his wife.
2018 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.