Ashwin Dani, Age, Death, Wife, Family, Biography & More
Posted by | Ananya Panday
Ashwin Suryakant Dani was an Indian billionaire and businessman who served as the non-executive chairman of Asian Paints Ltd, the largest paint company in India. He joined the company, which is now one of the biggest paint companies in Asia, in 1968. During 2009-10, Dani held the position of Vice President at the Federation of Indian Chambers of Commerce and Industry (FICCI). He held the role of non-executive chairman at Asian Paints Ltd, India’s largest indigenous paints company, co-founded by his father in 1942. In recent years, the company has garnered attention with its shares surging by 67%. In this article, you’ll find a comprehensive Ashwin Suryakant Dani biography.
Ashwin Suryakant Dani Biography
Ashwin Dani (1944-2023) was a prominent Indian billionaire entrepreneur. He began his tenure at Asian Paints in 1968 as a senior executive and whole-time director. From December 1998 to March 2009, he held the positions of vice chairman and managing director. Ashwin Dani was recognized as one of the top 50 wealthiest individuals in India and featured in Forbes’ global billionaires list. The company, co-founded by his father and three others in 1945, remained the primary source of Dani’s wealth, boasting a turnover of Rs 96.32 billion. Known for his emphasis on research and development, he introduced cutting-edge concepts to both the business and the paints industry. Unfortunately, Ashwin Dani passed away on September 28, 2023, following a brief illness.
|Real Name||Ashwin Suryakant Dani|
|DOB (Date of Birth)||26 September 1944|
|Age (at the time of death)||79 Years|
|College/University||The Institute of Science, Mumbai, University of Mumbai, India
University Department of Chemical Technology (UDCT) (now Institute of Chemical Technology), Mumbai, India
University of Akron, Ohio, USA
|Educational Qualification(s)||Bachelor of Science (Hons) at The Institute of Science, Mumbai, University of Mumbai, India
Bachelor of Science (Technology) in Pigments, Paints & Varnishes at the University Department of Chemical Technology (UDCT) (now Institute of Chemical Technology), Mumbai, India
Master of Science in Polymer Science from the University of Akron, Ohio, USA
Diploma in Colour Science from Rensselaer Polytechnic, Troy, New York, USA
|Feet & Inches||5’ 7”|
|Hair Color||Grey (half bald)|
|Father Name||Suryakant Dani (a co-founder of Asian Paints)|
|Mother Name||Name Not Known|
|Marital Status (at the time of death)||Married|
|Wife||Ina Dani (businesswoman, yoga teacher)|
|Children||Son- Jalaj Dani (businessman), Malav Dani (businessman), Hasit Dani (businessman)|
|Net Worth||$7.1 billion|
|Food||Irachi Ishtu or Kerala Chicken Stew|
|Songs||Phir Bhi Tumko Chaahunga|
|Movies||Rang De Basanti|
Ashwin Dani hailed from a Hindu Jain family. His father, Suryakant Dani, originated from Kapadvanj, a historic town in the Kheda district of Gujarat. Suryakant Dani was a co-founder of Asian Paints.
Ashwin Suryakant Dani was born in Bombay on Tuesday, September 26, 1944. As of the current date, he would be 79 years old.
At the age of 79, Ashwin Suryakant Dani passed away on September 28, 2023, following a short illness.
He attained his BSc (Honours) from the Bombay Institute of Science, University of Mumbai. Following this, he pursued a Bachelor of Science (Technology) in Pigments, Paints & Varnishes at the Institute of Chemical Technology (previously known as the University Department of Chemical Technology (UDCT)) in Mumbai. Later, he earned a master’s degree in polymer science from the University of Akron, Ohio, USA. Additionally, he obtained a Diploma in Colour Science from Rensselaer Polytechnic, Troy, New York.
Height and Weight
He stood at a height of 5 feet 7 inches and weighed 65 kilograms.
Wife and children
Ashwin Dani’s wife, Ina Dani, shares his passion for yoga and is a dedicated follower of yoga teacher BKS Iyengar. She used to instruct yoga for expectant mothers at the Iyengar Yoga Centre, which the couple established at their residence, Home Villa, in 1998. Ina also serves as the Managing Trustee of Guruji’s Light of Yoga Research Trust (LOYRT). The couple has three sons: Jalaj Dani, Malav Dani, and Hasit Dani. In 2017, Jalaj chose to leave Asian Paints and embark on his own business venture. He is a businessman, investor, and philanthropist, and for nearly two decades, he was the public face of Asian Paints. During this time, he oversaw human resources, supply chain, and the chemicals portfolio at the company. Jalaj has dedicated 18 years to the company, where he managed various responsibilities including human resources, supply chain, and chemicals portfolio.
In 1967, Ashwin Dani commenced his career as a development chemist with Inmont Corp in Detroit, US. He transitioned to Asian Paints in 1968, starting as a senior executive and progressing through roles such as Director of Research and Development, Director of Engineering, and ultimately becoming a Full-time Director. The company, founded by his father Suryakant Dani and three associates – Champaklal Choksey, Chimanlal Choksi, and Arvind Vakil – had its origins in Gaiwadi, Girgaon, Mumbai, in February 1942. The Choksey family eventually sold their stake, while the remaining three families retained a 52.3% ownership of the company. Ashwin Dani joined the company’s board in 1970 and served as Vice Chairman and Managing Director from 1998 to 2009. Subsequently, he continued to contribute as a non-executive director on the Board and as Vice Chairman of both the Board and the Company.
As of 2023, the late Ashwin Dani was estimated to have a net worth of $7.1 billion.
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