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Billionaire Vakil family has a net worth of $5.3 billion. Abhay Vakil and Amar Vakil both died in 2021. They own minority stake in Asian Paints which is their main source of wealth.


Asian Paints was cofounded by Amar Vakil and Abhay’s father as well as three other people way back in 1942.


Abhay Vakil worked with the company for more than 40 years. Amrita (Amar Vakil’s daughter) and Nehal who is Abhay Vakil’s daught sit on the board of Asian Paints.


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