Reported 27 days ago
Ajit Jain, Berkshire Hathaway's insurance chief, recently sold over half of his Class A shares for approximately $139.1 million. The sale comes amid speculation about a potential shift in the company's insurance leadership. Jain retains a significant number of shares and has been credited for substantial shareholder value growth since joining the company in 1986, while discussions about succession continue as Warren Buffett nears retirement.
Source: YAHOO