Who is Ben Watsa, the future chairman of Fairfax financial and heir to Prem Watsa’s $100-billion empire?

Core Insights - Prem Watsa has announced that his son, Ben Watsa, will succeed him as the chairman of Fairfax Financial Holdings, a company founded in 1985 that has grown into a global enterprise with assets worth $100 billion and a significant presence in South Asia [7]. Company Overview - Fairfax Financial, based in Toronto, started as a small insurance firm and has expanded significantly over the years, now managing assets valued at $100 billion [7]. - The company is recognized for its disciplined, long-term investment strategy, which has contributed to its growth into a transcontinental insurance and investment powerhouse [6][7]. Leadership Transition - Ben Watsa, who has over two decades of investment experience, previously served as Partner and Portfolio Manager at Lissom Investment Management Inc. and worked in investment banking in New York [7]. - He currently holds the position of Chairman of Fairfax India Holdings Corporation and is involved in various advisory roles, including being a director emeritus at the Rideau Hall Foundation [7]. Background of Prem Watsa - Prem Watsa's journey began in Hyderabad, India, where he was influenced by his father's role as principal of the prestigious Hyderabad Public School, which has notable alumni [5][7]. - His decision to move to Canada, encouraged by his father, laid the foundation for his success as a prominent investor in North America [5][7]. Upcoming Publication - A book titled "The Fairfax Way," authored by David Thomas, will be published on November 18, 2025, detailing Prem Watsa's entrepreneurial journey and insights from interviews with top executives and associates [6][7].