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{{Infobox person | {{Infobox person | ||
| name = Abhay Vakil | | name = Abhay Vakil | ||
| birth_date = {{birth date|1950|10|29}} | | 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 | ||
| death_date = {{Death date and age|2021|11|2|1950|10|29}} | | death_date = {{Death date and age|2021|11|2|1950|10|29}} | ||
| death_place = Mumbai, India | | death_place = Mumbai, India | ||
| education = [[University of Mumbai]] | | education = [[University of Mumbai]]<br>[[Syracuse University]] | ||
| occupation = Non-executive director, [[Asian Paints Ltd]] | | occupation = Non-executive director, [[Asian Paints Ltd]] | ||
| children = 3 | | children = 3 | ||
| website = | | website = | ||
}} | }} | ||
'''Abhay Arvind Vakil''' (1951–2021) was an Indian billionaire businessman, and a non-executive director of [[Asian Paints Ltd]], India's largest paint company. | '''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 & 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&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. | 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. | 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> 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== | ||
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 & | 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&ticker=APNT:IN|accessdate=5 March 2015|publisher=Bloomberg}}</ref> | ||
==Personal life== | ==Personal life== | ||
Vakil was married, with three children, and lived in Mumbai. | 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== | ||
Latest revision as of 11:07, 22 March 2026
Abhay Vakil | |
|---|---|
| Born | October 29, 1950[1] Mumbai, India |
| Died | November 2, 2021 (aged 71) Mumbai, India |
| Education | University of Mumbai Syracuse University |
| Occupation | Non-executive director, Asian Paints Ltd |
| Children | 3 |
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]
- ↑ "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.
- ↑ 4.0 4.1 "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". Forbes.
- ↑ "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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