Rank #3392
Anil Agarwal & family
Net worth $-0.7B
mining, metals · India
- Born
- Sep 07, 1953
- Age
- 72
- Source
- mining, metals
- Residence
- London
- Citizenship
- India
- Marital status
- Married
- Children
- 2
- Education
Net worth over time
Biography
- Metals and mining magnate Anil Agarwal turned a tiny scrap metal business into London-headquartered Vedanta Resources.
- In October 2018, Agarwal took Vedanta private after paying more than $1 billion for the one-third of the metals firm that he didn't already own.
- His listed Sterlite Technologies has hived off its power transmission business into a separate unit and listed an infrastructure investment trust.
- In a bid to unlock value and reduce debt, he's looking to split Vedanta Group into five independent listed companies in aluminium, oil & gas, power, steel, and base metals.
- Agarwal has pledged to give away 75% of his wealth to charity. In 2021, he signed the Giving Pledge.
- Agarwal has created a $10 billion fund in partnership with London firm Centricus to invest in Indian public sector companies that are being privatized.
- In January 2026, his son Agnivesh, 49, died from a cardiac arrest while recovering from an accident while skiing in the U.S.
Financial assets
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