Abhay Vakil

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(1950-10-29)October 29, 1950[1]
Mumbai, India
DiedNovember 2, 2021(2021-11-02) (aged 71)
Mumbai, India
EducationUniversity of Mumbai
Syracuse University
Occupation(s)Non-executive director, Asian Paints Ltd
Children3

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.[6] Vakil joined his family business Asian Paints in 1974.[7]

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.[8]

Personal life

Vakil was married, with three children, and lived in Mumbai.[4] His son Vivek Vakil works for the business.[9] He died on 2 November 2021.[10]

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


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