As of August 2024, Anil Agarwal's net worth is estimated at 16,400 crore rupees, while his family's total net worth exceeds 32,000 crore rupees.
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Anil Agarwal, born in 1954 in Patna, started with a small scrap metal business and has built a vast commercial empire in mining and petroleum over the last four decades.
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He founded the Vedanta Group in 1976, which began by producing cables. The company went public on the London Stock Exchange in 2003 but was taken private again in October 2019.
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Vedanta Resources Ltd. plans to pay $250 million owed to suppliers in Zambia in order to regain possession of copper mines seized by the government over four years ago.
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To access foreign capital, Agarwal established Vedanta Resources in London in 2003, which is now a diversified natural resources conglomerate with interests in various sectors, including oil, gas, and metals.
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Anil Agarwal founded the Vedanta Foundation in 1992 for charitable initiatives and has pledged to donate 75% of his family's wealth to charity, inspired by Bill Gates.