Portrait of Madhukar Parekh

Rank #1358

Madhukar Parekh

Net worth $3.1B

Adhesives · India

Born
Jan 01, 1947
Age
79
Source
Adhesives
Residence
Mumbai
Citizenship
India
Marital status
Married
Children
2
Education
Bachelor of Science in Engineering, University of Mumbai

Net worth over time

Biography

  • Madhukar Parekh is chairman of Pidilite Industries, a company founded by his late father, Balvant Parekh, in 1959.
  • He has a minority stake in Pidilite, which is India's leading maker of adhesives and sealants.
  • Pidilite's range of products includes construction chemicals, art materials and organic pigments.
  • His younger brother, Ajay Parekh, also a billionaire, has a board seat.
  • Pidilite is best known for its iconic white glue, Fevicol, popularized over the decades with clever advertising.

Financial assets

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