Asian Paints co-founders most valuable in FMCG
ADVERTISEMENT
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.
Fortune India is now on WhatsApp! Get the latest updates from the world of business and economy delivered straight to your phone. Subscribe now.
August 2025
As India continues to be the world’s fastest-growing major economy, Fortune India presents its special issue on the nation’s Top 100 Billionaires. Curated in partnership with Waterfield Advisors, this year’s list reflects a slight decline in the number of dollar billionaires—from 185 to 182—even as the entry threshold for the Top 100 rose to ₹24,283 crore, up from ₹22,739 crore last year. From stalwarts like Mukesh Ambani, Gautam Adani, and the Mistry family, who continue to lead the list, to major gainers such as Sunil Mittal and Kumar Mangalam Birla, the issue goes beyond the numbers to explore the resilience, ambition, and strategic foresight that define India’s wealth creators. Read their compelling stories in the latest issue of Fortune India. On stands now.