Archive · 13 Nov 2025
Ben Watsa to Succeed Father Prem Watsa as Fairfax Chairman
A rich man named Prem Watsa, who runs a big company called Fairfax Financial, is planning for his son, Ben Watsa, to take over as the boss.
Ben is already on the company's board and runs his own successful investment funds.
Prem Watsa wants everyone to know that even when he's not in charge anymore, the company will still be run with the same values and ideas he believes in.
This plan is being revealed in a new book about Prem Watsa's success.
Ben is 46 years old and has been involved with Fairfax for a while.
Fairfax Financial is a very large company that invests in other businesses and also works in insurance.
Prem Watsa started the company a long time ago, and he wants to make sure it stays strong and true to its culture for the future.
Ben Watsa, son of Prem Watsa, is slated to gradually succeed his father as chairman of Fairfax Financial Holdings.
This succession plan is detailed in an upcoming book by David Thomas, titled 'The Fairfax Way—Inside Prem Watsa's Secret to Lasting Success', launching November 18.
Prem Watsa emphasized the importance of continuity and preserving the company's culture, reassuring shareholders.
Ben Watsa, 46, is the founder and CEO of Marval Capital and CIO of the Marval Guru Fund, which has shown strong returns.
Fairfax Financial Holdings is a global investment and insurance company with a portfolio valued at approximately $1.87 billion as of Q2 2025, with top holdings including Orla Mining and Occidental Petroleum.
- Who
- Ben Watsa, son of Prem Watsa and founder/CEO of Marval Capital
- What
- Ben Watsa is set to gradually take over as chairman of Fairfax Financial Holdings
- When
- Disclosed in an upcoming book, 'The Fairfax Way—Inside Prem Watsa's Secret to Lasting Success', set for release on November 18
- Where
- Fairfax Financial Holdings is a global investment and insurance giant
- Why
- To ensure continuity and preserve the company culture upon Prem Watsa's eventual departure
- Company
- Fairfax Financial Holdings
- Current Chairman
- Prem Watsa
- Designated Successor
- Ben Watsa
- Ben Watsa's Age
- 46
- Ben Watsa's Roles
- Founder and CEO of Marval Capital, CIO of Marval Guru Fund
- Book Release Date
- November 18
- Fairfax Holdings Value
- $100 billion