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]
Early life
editVakil 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
editVakil 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
editVakil 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
edit- ^ "Remembrance Details". www.shraadh.in. Archived from the original on 14 February 2023. Retrieved 7 June 2022.
- ^ "Asian Paints appoints Abhay Vakil as additional director". Money Control. Retrieved 5 March 2015.
- ^ "Panache People 101: Abhay Vakil". Panache Magazine. The Economic Times. Retrieved 7 June 2022.
- ^ a b "Forbes profile: Abhay Vakil & family". Forbes. Retrieved 5 October 2021.
- ^ "India's 100 Richest People — Abhay Vakil". Forbes. Retrieved 5 March 2015.
- ^ "India's 100 Richest".
- ^ "Abhay Vakil". Reuters. Archived from the original on 2 April 2015. Retrieved 5 March 2015.
- ^ "In Flying Colours". Business World. Archived from the original on 18 August 2014. Retrieved 5 March 2015.
- ^ "Abhay A. Vakil". Bloomberg. Retrieved 5 March 2015.
- ^ "Asian Paints" (PDF). BSE India. Retrieved 5 March 2015.
- ^ Sandler, Rachel (31 December 2021). "The Billionaires Who Died In 2021". Forbes. Retrieved 7 June 2022.
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