# Ajit Jain sold 50% of his shares

**URL:** <https://discussion.fool.com/t/ajit-jain-sold-50-of-his-shares/108722>\
**Category:** Stocks A to Z\
**Tags:** berkshire-hathaway\
**Created:** [September 12, 2024, 9:01pm UTC](https://discussion.fool.com/t/ajit-jain-sold-50-of-his-shares/108722 "2024-09-12T21:01:50Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![Kingran](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/kingran/32/2318_2.png) [@Kingran](https://discussion.fool.com/u/Kingran)\
**Post date:** [September 12, 2024, 9:01pm UTC](https://discussion.fool.com/t/ajit-jain-sold-50-of-his-shares/108722/1 "2024-09-12T21:01:50Z")

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These are the shares Ajit Jain bought with his own money. While he got paid $20 m salary, he would have made more money by working for any other company.

I think he left many $100’s of millions on the table for working at Berkshire.

> **[Ajit Jain, Buffett's insurance leader for nearly 40 years, dumps more than...](https://www.cnbc.com/2024/09/12/ajit-jain-dumps-more-than-half-of-his-berkshire-hathaway-stake.html)**
>
> The 73-year-old vice chairman of insurance operations sold 200 Berkshire Class A shares on Monday for roughly $139 million. 

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**Author:** ![dividends20](https://g.foolcdn.com/misc-assets/discourse-member-avatar_120px_gold700.png) [@dividends20](https://discussion.fool.com/u/dividends20)\
**Post date:** [September 13, 2024, 1:15am UTC](https://discussion.fool.com/t/ajit-jain-sold-50-of-his-shares/108722/2 "2024-09-13T01:15:03Z")

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PBV 1.6

Ajit and I are both selling

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<div class="post-metadata">

**Author:** ![Kingran](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/kingran/32/2318_2.png) [@Kingran](https://discussion.fool.com/u/Kingran)\
**Post date:** [September 13, 2024, 1:50am UTC](https://discussion.fool.com/t/ajit-jain-sold-50-of-his-shares/108722/3 "2024-09-13T01:50:05Z")

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We have no idea why he sold. It could be anywhere from retiring, estate planning, charitable contribution…

When such a longterm shareholder sells, the last reason is valuation.

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<div class="post-metadata">

**Author:** ![dividends20](https://g.foolcdn.com/misc-assets/discourse-member-avatar_120px_gold700.png) [@dividends20](https://discussion.fool.com/u/dividends20)\
**Post date:** [September 13, 2024, 2:36am UTC](https://discussion.fool.com/t/ajit-jain-sold-50-of-his-shares/108722/4 "2024-09-13T02:36:16Z")

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He sold approximately 55% of his stake. This sale was reported to be worth about $139 million, involving 200 of his Class A shares.