CleanupBot at 05:37, 22 March 2026

2026-03-22T05:37:31Z

New page

{{Short description|Indian businessman (1951–2021)}}
{{about||the Indian actor|Abhay Vakil (actor)}}
{{Use dmy dates|date=October 2018}}
{{Use Indian English|date=October 2018}}
{{Infobox person
| name = Abhay Vakil
| birth_date = {{birth date|1950|10|29}}<ref>{{cite web |title=Remembrance Details |url=https://www.shraadh.in/obituary-details.php?id=6667 |website=www.shraadh.in |access-date=7 June 2022 |archive-date=14 February 2023 |archive-url=https://web.archive.org/web/20230214040429/https://www.shraadh.in/obituary-details.php?id=6667 |url-status=dead }}</ref>
| birth_place = [[Mumbai]], India
| death_date = {{Death date and age|2021|11|2|1950|10|29}}
| death_place = Mumbai, India
| education = [[University of Mumbai]]<br>[[Syracuse University]]
| occupation = Non-executive director, [[Asian Paints Ltd]]
| children = 3
| website =
}}
'''Abhay Arvind Vakil''' (1951–2021) was an Indian billionaire businessman, and a non-executive director of [[Asian Paints Ltd]], India's largest paint company.<ref>{{cite news|title=Asian Paints appoints Abhay Vakil as additional director|url=http://www.moneycontrol.com/news/announcements/asian-paints-appoints-abhay-vakil-as-additional-director_1133911.html|accessdate=5 March 2015|publisher=Money Control}}</ref><ref>{{cite news |title=Panache People 101: Abhay Vakil |url=https://economictimes.indiatimes.com/panache/panache-people-101/abhay-vakil/profileshow/83113698.cms |access-date=7 June 2022 |work=Panache Magazine |publisher=[[The Economic Times]] |language=en}}</ref> As of October 2021, his net worth was estimated at US$6.25 billion.<ref name="Forbes profile">{{cite web |title=Forbes profile: Abhay Vakil & family |url=https://www.forbes.com/profile/abhay-vakil/ |website=Forbes |access-date=5 October 2021}}</ref> Vakil was among the 100 richest Indians.<ref>{{cite news|title=India's 100 Richest People&nbsp;— Abhay Vakil|url=https://www.forbes.com/profile/abhay-vakil/|accessdate=5 March 2015|work=Forbes}}</ref>

As per Forbes list of India’s 100 richest tycoons, dated October 9, 2024, Vakil family is ranked 61st with a net worth of $5.35 Billion.<ref>{{Cite web |title=India's 100 Richest |website=[[Forbes]] |url=https://www.forbes.com/lists/india-billionaires/}}</ref>

==Early life==
Vakil was born in 1951 in [[Mumbai]]. His father Arvind Vakil was one of the co-founders of [[Asian Paints Ltd]]. Vakil completed his bachelor of science at the [[University of Mumbai]], and another BS from [[Syracuse University]] in the United States.<ref>{{cite news|title=Abhay Vakil|url=http://in.reuters.com/finance/stocks/officerProfile?symbol=ASPN.NS&officerId=268930|archive-url=https://web.archive.org/web/20150402144035/http://in.reuters.com/finance/stocks/officerProfile?symbol=ASPN.NS&officerId=268930|url-status=dead|archive-date=2 April 2015|accessdate=5 March 2015|publisher=Reuters}}</ref> Vakil joined his family business [[Asian Paints]] in 1974.<ref>{{cite news|title=In Flying Colours |url=http://www.businessworld.in/news/business/corporate/in-flying-colours/371333/page-1.html |accessdate=5 March 2015 |publisher=Business World |url-status=dead |archiveurl=https://web.archive.org/web/20140818195605/http://businessworld.in/news/business/corporate/in-flying-colours/371333/page-1.html |archivedate=18 August 2014 }}</ref>

==Associations==
Vakil served as managing director of Asian Paints and Hitech Plast. He was also chairman of Resins and Plastics, Non Executive Director of Asian Paints, Non-Executive Director of Resins and Plastics Additional & Non-Executive Director at Asian Paints, Director of Asteroids Trading and Investments, Nehal Trading and Investments, Jalaj Trading and Investments, and Unnati Trading and Investments.<ref>{{cite news|title=Abhay A. Vakil|url=https://www.bloomberg.com/research/stocks/people/person.asp?personId=10959581&ticker=APNT:IN|accessdate=5 March 2015|publisher=Bloomberg}}</ref>

==Personal life==
Vakil was married, with three children, and lived in Mumbai.<ref name="Forbes profile" /> His son Vivek Vakil works for the business.<ref>{{cite web|title=Asian Paints|url=http://www.bseindia.com/bseplus/AnnualReport/500820/5008200313.pdf|publisher=BSE India|accessdate=5 March 2015}}</ref> He died on 2 November 2021.<ref>{{cite news |last1=Sandler |first1=Rachel |title=The Billionaires Who Died In 2021 |url=https://www.forbes.com/sites/rachelsandler/2021/12/31/the-billionaires-who-died-in-2021/ |access-date=7 June 2022 |work=Forbes |date=Dec 31, 2021 |language=en}}</ref>

==References==
{{Reflist}}

{{Authority control}}

{{DEFAULTSORT:Vakil, Abhay}}
[[Category:1951 births]]
[[Category:2021 deaths]]
[[Category:Indian industrialists]]
[[Category:Businesspeople from Mumbai]]
[[Category:Indian billionaires]]
[[Category:Syracuse University alumni]]
[[Category:University of Mumbai alumni]]
[[Category:Asian Paints]]

{{India-business-bio-stub}}

Abhay Vakil - Revision history

CleanupBot at 05:37, 22 March 2026