Abhay Arvind Vakil (1951–2021) was an Indian billionaire businessman, and a non-executive director of Asian Paints Ltd, India's largest paint company.[2][3] As of October 2021, his net worth was estimated at US$6.25 billion.[4] Vakil was among the 100 richest Indians.[5]
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.[6]
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.[7] Vakil joined his family business Asian Paints in 1974.[8]
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.[9]
Personal life
Vakil was married, with three children, and lived in Mumbai.[4] His son Vivek Vakil works for the business.[10] He died on 2 November 2021.[11]
References
- ↑ Remembrance Details. www.shraadh.in. Retrieved 7 June 2022.
- ↑ Asian Paints appoints Abhay Vakil as additional director.
- ↑ Panache People 101: Abhay Vakil. Panache Magazine. Retrieved 7 June 2022.
- ↑ 4.0 4.1 Forbes profile: Abhay Vakil & family. Forbes. Retrieved 5 October 2021.
- ↑ India's 100 Richest People — Abhay Vakil. Forbes.
- ↑ India's 100 Richest. Forbes.
- ↑ Abhay Vakil.
- ↑ In Flying Colours.
- ↑ Abhay A. Vakil.
- ↑ Asian Paints. BSE India.
- ↑ The Billionaires Who Died In 2021. Forbes(Dec 31, 2021). Retrieved 7 June 2022.