October 12, 2024

Ajit Jain, Buffett’s insurance leader for nearly 40 years, dumps more than half of Berkshire stake

 Ajit Jain, Buffett’s insurance leader for nearly 40 years, dumps more than half of Berkshire stake

Ajit Jain, Buffett’s insurance leader for nearly 40 years, dumps more than half of Berkshire stake

The 73-year-old vice chairman of insurance operations sold 200 Berkshire Class A shares on Monday for roughly $139 million.