Prem Watsa, is an Indian-Canadian businessman, who founded Fairfax Financial, a holding company with a focus on insurance. Watsa is known for his long-term investment approach and focus on intrinsic value. He emphasizes a conservative and risk-averse strategy, prioritizing financial strength and ethical business practices. Watsa founded Fairfax Financial Holdings in 1985 and has grown it into a successful insurance and investment company. He was awarded the Order of Canada in 2015 and India’s Padma Shri Award in 2020.

Looking to the future, Watsa aims to remain pragmatic to ensure Fairfax’s financial stability and long-term success. Outside of the boardroom, Watsa is known for his philanthropic involvement with the Hospital for Sick Children and the Royal Ontario Museum Foundation. Watsa’s immigrant story and value-driven approach to business have garnered him significant recognition, including the title of “Canadian Warren Buffett.” Indiaspora is proud to have Prem Watsa in our Business Leaders List for 2024.