Ashwin Dani
Ashwin Dani
Dinesh Krishnan
At a Glance
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Age72
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Earnings$ 2.2 Billion
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Source of earningsPaints
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Marital StatusMarried
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Children3
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ResidenceMumbai
Forbes India Lists
#43 India Rich List 2015
#56 India Rich List Rank 2014
#49 India Rich List Rank 2013
Profile
Paints tycoon is nonexecutive vice chairman at $2.1 billion (revenues) Asian Paints, founded by his father and 3 others in 1942. Despite softening demand and a 10-week strike at one of its factories in south India, the company saw net earnings rise 34% in the latest quarter because of a drop in raw material costs. Asia's third-largest paintmaker is also adding capacity by investing $345 million in a new factory in south India. Dani sits on the board of Dilip Shanghvi's (No. 2) Sun Pharmaceutical Industries.
