Abhay Vakil | |
Birth Date: | 29 October 1950[1] |
Birth Place: | Mumbai, India |
Death Place: | 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]
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]
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]
Vakil was married, with three children, and lived in Mumbai. His son Vivek Vakil works for the business.[9] He died on 2 November 2021.[10]