Ashwin Desai

Ashwin Desai (#2420)

Global Rank #2420

Country Rank #164

Country India

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

$ 2 B
Specialty chemicals
India
M
74 Years

Snapshot

Quick Facts

Global Rank #2,420

Country Rank #164

Net Worth $1.7B

Previous Worth $1.6B

Worth Change +$0.1B

Country India

Industry Specialty chemicals

Age 74 Years

Gender M

Worth As Of May 4, 2026

Last Refreshed 01 Aug 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 +6.2% from previous worth

Previous Net Worth $1.6B

Current Net Worth $1.7B

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: $1.7B (May 4, 2026)