Prem Watsa CM (born 5 August 1950) is an Indian-Canadian billionaire businessman who is the founder, chairman, and chief executive of Fairfax Financial Holdings, based in Toronto.

He attended Hyderabad Public School and the Indian Institute of Technology Madras[11][12] where he graduated with a degree in chemical engineering.

[12][13] On 22 January 2012, it was reported he was to be appointed to the board of directors of Research In Motion (RIM) in the company's largest ever corporate shakeup.

On 23 September 2013, BlackBerry announced that it had signed a letter of intent to be acquired by Fairfax Financial Holdings in a $4.7 billion deal.

[14] Fairfax Financial Holdings is "the largest insurer of the for-profit bail industry in the U.S."[15] In April 2017, Watsa brought attention to concerns of a real estate bubble in Toronto.