Abhay Vakil
Indian businessman (1951–2021) From Wikipedia, the free encyclopedia
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]
Abhay Vakil | |
|---|---|
| Born | October 29, 1950[1] Mumbai, India |
| Died | November 2, 2021 (aged 71) Mumbai, India |
| Education | University of Mumbai Syracuse University |
| Occupation(s) | Non-executive director, Asian Paints Ltd |
| Children | 3 |
As per Forbes list of India’s 100 richest tycoons, dated OCTOBER 09, 2024, Vakil family is ranked 61st with a net worth of $5.35 Billion.[6]
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]
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]
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]
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