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{{Short description|Indian businessman (1951–2021)}}
{{about||the Indian actor|Abhay Vakil (actor)}}
{{Use dmy dates|date=October 2018}}
{{Use dmy dates|date=October 2018}}
{{Use Indian English|date=October 2018}}
{{Use Indian English|date=October 2018}}
{{Infobox person
{{Infobox person
| name              = Abhay Vakil
| name              = Abhay Vakil
| birth_date        = {{birth year and age|1951}}
| 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
| birth_place        = [[Mumbai]], India
| education          = [[University of Mumbai]]<br/> [[Syracuse University]]
| 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]]
| occupation        = Non-executive director, [[Asian Paints Ltd]]
| net_worth          = [[US$]] 4.8 billion (May 2021) <ref name="Forbes profile">{{cite web |title=Forbes profile: Abhay Vakil & family |url=https://www.forbes.com/profile/abhay-vakil/ |website=Forbes |access-date=4 February 2021}}</ref>
| children          = 3
| children          = 3
| website            =  
| website            =  
}}
}}
'''Abhay Arvind Vakil''' (born 1951) is an Indian billionaire businessman, and a non-executive director of [[Asian Paints Ltd]],<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> India's largest paint company. Vakil is 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>  
'''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 &amp; 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&amp;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==
==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> Abhay 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>
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&amp;officerId=268930|archive-url=https://web.archive.org/web/20150402144035/http://in.reuters.com/finance/stocks/officerProfile?symbol=ASPN.NS&amp;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==
==Associations==
Abhay served as managing director of Asian Paints and Hitech Plast. He is 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>
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&amp;ticker=APNT:IN|accessdate=5 March 2015|publisher=Bloomberg}}</ref>


==Family==
==Personal life==
Vakil is married, with three children, and lives 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>
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==
==References==
{{Reflist}}
{{Reflist}}


<br />
{{Authority control}}
{{Authority control}}


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




{{India-business-bio-stub}}
{{India-business-bio-stub}}

Latest revision as of 11:07, 22 March 2026


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
OccupationNon-executive director, Asian Paints Ltd
Children3

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[edit | edit source]

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[edit | edit source]

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[edit | edit source]

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[edit | edit source]

  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. 4.0 4.1 "Forbes profile: Abhay Vakil & family". Forbes. Retrieved 5 October 2021.
  5. "India's 100 Richest People&nbsp;— Abhay Vakil". Forbes. Retrieved 5 March 2015.
  6. "India's 100 Richest". Forbes.
  7. "Abhay Vakil". Reuters. Archived from the original on 2 April 2015. Retrieved 5 March 2015.
  8. "In Flying Colours". Business World. Archived from the original on 18 August 2014. Retrieved 5 March 2015.
  9. "Abhay A. Vakil". Bloomberg. Retrieved 5 March 2015.
  10. "Asian Paints" (PDF). BSE India. Retrieved 5 March 2015.
  11. Sandler, Rachel (31 December 2021). "The Billionaires Who Died In 2021". Forbes. Retrieved 7 June 2022.