Abhay Arvind Vakil (1951–2021) was an Indian billionaire businessman, and a non-executive director of

Asian Paints Ltd Asian Paints Ltd is an Indian multinational paint company, headquartered in Mumbai, Maharashtra, India. The company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home décor, bat ...

, India's largest paint company. As of October 2021, his net worth was estimated at US$6.25 billion. Vakil was among the 100 richest Indians.

Early life

Vakil was born in 1951 in

Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

. His father Arvind Vakil was one of the co-founders of

. Vakil completed his bachelor of science at the

University of Mumbai The University of Mumbai is a collegiate university, collegiate, State university (India), state-owned, Public university, public research university in Mumbai. The University of Mumbai is one of the largest universities in the world. , the un ...

, and another BS from

Syracuse University Syracuse University (informally 'Cuse or SU) is a Private university, private research university in Syracuse, New York. Established in 1870 with roots in the Methodist Episcopal Church, the university has been nonsectarian since 1920. Locate ...

in the United States. Vakil joined his family business

Asian Paints Asian Paints Ltd is an Indian multinational paint company, headquartered in Mumbai, Maharashtra, India. The company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home décor, bat ...

in 1974.

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.

Personal life

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

References

1951 births 2021 deaths Indian industrialists Businesspeople from Mumbai Indian billionaires Syracuse University alumni University of Mumbai alumni Asian Paints {{India-business-bio-stub