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Ashwin Desai

Ashwin Desai

Ashwin Desai (#2354)

Global Rank #2354
Country Rank #163
Country India

Ashwin Desai is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 2 B
  • Specialty chemicals
  • India
  • M
  • 75 Years

Snapshot

Quick Facts

Global Rank #2,354
Country Rank #163
Net Worth $1.8B
Previous Worth $1.7B
Worth Change +$0.1B
Country India
Industry Specialty chemicals
Age 75 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 17 Sep 2026, 12:00 AM
Residence Surat, India
World Billionaires List India Billionaires Specialty chemicals

Profile Data

Personal Stats

Age 74
Source Of Wealth Specialty chemicals, Self Made
Residence Surat, India
Citizenship India
Marital Status Married
Children 2
Education Bachelor of Engineering, Mumbai University
Net Worth Change +$0.1B +5.9% from previous worth
Previous Net Worth $1.7B
Current Net Worth $1.8B

Worth as of May 4, 2026

About Me

Ashwin Desai founded Surat-based speciality chemicals maker Aether Industries in 2013. Aether supplies chemicals to the agrochemical, pharmaceutical and oil and gas industries. Aether has two factories in the western Indian state of Gujarat. Desai took Aether public in June 2022, raising $103 million. The company's shares listed at a 10% premium making him a billionaire His son Rohan manages the company's business operations and son Aman manages the technical side. Desai's wife Purnima has a board seat.

Insights

Did You Know?

Desai's first entrepreneurial venture was a specialty chemicals business he cofounded with his brother-in-law in 1976.

He is an avid swimmer, nature enthusiast, and writes poetry.

Aether has bought a site in Surat in the western state of Gujarat for a new factory.

Wealth Growth

Net Worth Growth Over Time

Tracking Ashwin Desai's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $1.8B (May 4, 2026)

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