Abhay Vakil Explained

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]

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. His son Vivek Vakil works for the business.[9] He died on 2 November 2021.[10]

Notes and References

  1. Web site: Remembrance Details . www.shraadh.in . 7 June 2022 . 14 February 2023 . https://web.archive.org/web/20230214040429/https://www.shraadh.in/obituary-details.php?id=6667 . dead .
  2. News: Asian Paints appoints Abhay Vakil as additional director. 5 March 2015. Money Control.
  3. News: Panache People 101: Abhay Vakil . 7 June 2022 . Panache Magazine . . en.
  4. Web site: Forbes profile: Abhay Vakil & family . Forbes . 5 October 2021.
  5. News: India's 100 Richest People — Abhay Vakil. 5 March 2015. Forbes.
  6. News: Abhay Vakil. https://web.archive.org/web/20150402144035/http://in.reuters.com/finance/stocks/officerProfile?symbol=ASPN.NS&officerId=268930. dead. 2 April 2015. 5 March 2015. Reuters.
  7. News: In Flying Colours . 5 March 2015 . Business World . dead . https://web.archive.org/web/20140818195605/http://businessworld.in/news/business/corporate/in-flying-colours/371333/page-1.html . 18 August 2014 .
  8. News: Abhay A. Vakil. 5 March 2015. Bloomberg.
  9. Web site: Asian Paints. BSE India. 5 March 2015.
  10. News: Sandler . Rachel . The Billionaires Who Died In 2021 . 7 June 2022 . Forbes . Dec 31, 2021 . en.