Portrait of Anil Agarwal & family

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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