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Billionaire Profile
Ajay Parekh
Global Rank
#1791

Ajay Parekh

CEO, Adhesives
Mumbai, India
Real-Time Net Worth
$2.31B
Estimated based on Adhesives stock value as of September 10, 2026
-1.04% (24h)
Age
68
Source
Adhesives
Industry
Manufacturing
Citizenship
India

Biography

Ajay Parekh is a prominent Indian billionaire, known for his significant stake in Pidilite Industries, a leading manufacturer of adhesives and sealants. His source of wealth stems from his involvement in the Adhesives industry, specifically within Pidilite, a company founded by his late father. As the non-executive vice chairman of Pidilite Industries, he has played a crucial role in the company's success, including its flagship product, Fevicol. Parekh's career has been marked by his strategic vision and leadership, contributing to Pidilite's expansion and market dominance. His achievements also include a strong interest in integrating music and live performances into projects.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$2.31B
2025$2.30B
2024$2.20B

Portfolio Holdings

Pidilite Industries

Pidilite Industries

PIDL•manufacturing
$1.52B
Holdings Value
Ownership
9.1%
Market Cap
$18.0B
Mumbai, India
Founded 1959

In-Depth Profile

Early Life

Ajay Parekh's journey began in Mumbai, India, where he was born into a family with a strong entrepreneurial spirit. His father, Balvant Parekh, founded Pidilite Industries in 1959. Ajay holds a Bachelor's degree in Chemical Engineering and a Master's in Business Administration from the University of California, Berkeley.

Rise to Success

After completing his education, Ajay Parekh joined Pidilite Industries. His contributions, along with those of his family, have transformed the company into a market leader in the adhesives and sealants sector. Pidilite is best known for its iconic white glue, Fevicol, which has become a household name in India.

Key Business Strategies

Key to Pidilite's success has been a focus on innovation, consumer understanding, and efficient distribution. The company has also expanded its product range beyond adhesives to include construction chemicals, art materials, and organic pigments. In 2020, Pidilite acquired the Indian subsidiary of the U.S.-based Huntsman Group for $290 million.

Philanthropy

While specific details on his philanthropy are not readily available, the Parekh family is known for its philanthropic endeavors, reflecting a commitment to social responsibility.

Career Milestones

1985

Joined Pidilite Industries

Began his career at Pidilite Industries, contributing to its growth and market leadership.

2026

Non-Executive Vice Chairman, Pidilite Industries

Serves as a key executive at Pidilite, India's leading adhesives and sealants manufacturer.

Philanthropy & Social Impact

General Philanthropy

Not Available

Undisclosed

Details of specific philanthropic initiatives are not readily available, but the family is known for philanthropic activities.

Billionaires Connected to Ajay Parekh

Peers in Manufacturing

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Richest in India

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Adjacent Global Ranks

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Frequently Asked Questions

What is Ajay Parekh's net worth in 2026?
As of 2026, Ajay Parekh's estimated net worth is $2.312 billion, ranking #1791 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Ajay Parekh make their money?
Ajay Parekh's wealth primarily comes from Adhesives, most notably through Adhesives.
Where is Ajay Parekh from?
Ajay Parekh is from India.
How old is Ajay Parekh?
Ajay Parekh is 68 years old.

Sources & References

  1. Ajay Parekh — Forbes profile — Forbes