Ashwin Dani Net Worth

Ashwin Dani Net Worth
Ashwin Dani Net Worth

Ashwin Dani net worth

Current Net Worth$7.9 Billion (USD – 790 Crores), (Rupees – 60.8 Thousand Crores)

Ashwin Dani short biography

Net Worth$7.9 Billion
Born1943 (Age – 78)
Identified asIndian Businessman
StatusNon-Executive Chairman of Asian Paints Ltd.
EducationBombay University, Bachelor of Arts/Science; the University of Akron, Master of Science
ResidenceMumbai, India
Spousal statusMarried (Ina Dani)
Children3 (Jalaj, Malav & Hasit)
Ashwin Dani short biography

Ashwin Dani has a net worth of $7.9 Billion (Rupees – 60,853 Crores), making him one of India’s top 50 wealthiest people.

He is a billionaire Indian businessman who serves as the non-executive chairman of Asian Paints Ltd.

From December 1998 to March 2009, he served as vice-chairman and managing director of the company.

A $2.8 billion (revenue) company was formed by his father and three others in 1942.

The country’s largest paint firm had completed operations in 16 countries.

Asian Paints launched hand sanitizers and surface disinfectants in reaction to the Covid-19 pandemic.

His business partner Abhay Vakil also helps him in the company as a non-executive director of Asian Paints Ltd. he has a net worth of $4.6 billion.

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Ashwin Dani biography

Ashwin Dani Net Worth
Ashwin Dani Net Worth (Image Source – GettyImages)
Full NameAshwin Dani
BirthplaceMumbai, India
Height5,3 feet, 161 cm
Weight70 Kg
Ashwin Dani Biography

Ashwin was born in 1943, in the city of Mumbai.

Suryakant, his father, was a co-founder of Asian Paints.


Dani entered the firm, which is now one of Asia’s largest paint manufacturers, in 1968.

Ashwin rose through the ranks to become Director of Research and Development, Works Director, Whole-time Director, and Vice Chairman and MD.

Malav, his uncle, is a member of the company’s board of directors.


Ashwin earned his bachelor’s degree in chemistry from the University of Mumbai’s Institute of Science, a bachelor’s degree in science and technology in pigment, paints, and varnish from UDCT Mumbai.

He took a diploma in color science from Rensselaer Polytechnic Troy in New York and a master’s degree in polymer science from the University of Akron in Ohio.

Private & early life

Dani is the father of three children, Jalaj, Malav, and Hasit, who he shares with his wife Ina.

Malav, his third son Dani serves on the board of Asian Paints as a non-executive officer.

Inmont Corp (now BASF) in Detroit, Michigan, hired Ashwin as a development chemist in 1967.

Ashwin has been in charge of the production and launch of several brands for the first time in India at Asian Paints. In the Indian industry, he was the first to introduce the concept of computerized color mixing.

In the fields of paints, plastics, printing inks, and textiles, this term is now commonly used in Indian industries.

Ashwin was a key figure in forming the 50:50 joint venture between Asian Paints Limited and PPG Industries, Inc., the world’s largest producer of automotive coatings, and has served on the company’s board of directors since its establishment in 1997.

PPG Asian Paints is in its 21st year of use.


Dani is one of the two founding members of the Color Group of India, a non-profit organization devoted to the advancement of computerized color matching and color measurement using instruments and computers.

Ashwin advises the Employees Provident Fund Government of India’s Central Board of Trustees.

He was a member of Sun Pharmaceuticals’ Board of Directors and Audit Committee until recently. Sun Pharmaceuticals is one of India’s largest pharmaceutical firms.

From January 2004 to September 2018, he worked at Sun for around 14 years.

From November 2008 to June 2017, Dani was the President of Kapadwanj Kelavani Mandal, Kapadwanj, District Kaira, Gujarat.

Since December 2011, Dani has served on the Board of Directors of ACC Ltd, as Chairman of the Nomination and Remuneration Committee and a member of the Audit Committee.

He is the president of the Board of Governors of the UDCT Alumni Association in Mumbai, Paint Association (IPA).

Ashwin is also a member of the Institute of Chemical Technology’s Board of Directors.

Kapadwanj Kelavani Mandal is a school that offers education from pre-primary to high school, as well as post-secondary education in science and commerce, and arts.

The campus has almost 6,000 students.


2003Achiever of the Year
2003Ernst & Young Entrepreneur of the Year
2011Lifetime Achievement
2012Businessman of the Year
2017B. Krishnamurthy
Ashwin Dani Awards

Net worth statistics

  • March 2012 – $1.1 B
  • March 2013 – $1.5 B
  • March 2014 – $1.3 B
  • March 2015 – $2.4 B
  • March 2016 – $2.2 B
  • March 2017 – $2.7 B
  • March 2018 – $3.3 B
  • March 2019 – $3.9 B
  • April 2020 – $4.2 B
  • April 2021 – $6.3 B


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