Asian Paints is a favourite of investors, both domestic and foreign. The paints company, with the strongest moat, continues to power the fortunes of its three cofounders. Ravi Kant Jaipuria of Varun Beverages and Devyani International, besides Vijay Chauhan, founder of Parle Biscuits are the other two billionaires who feature among the top five from the sector.
Asian Paints co-founders most valuable in FMCG
The paints company, with the strongest moat, continues to power the fortunes of its three co-founders.