The Indian Businessman Anil Agarwal has an updated net worth of $3 Billion as per Forbes in 2017. Check his biography, family and career details. The Metal King of India, Anil Agarwal, is the chairperson and founder of Vedanta Resources. The Indian businessman now resides in London and takes care of London based Vedanta Resources.
|Birth Date||January 24, 1954|
|Net Worth||$3 Billion|
|Yearly Salary||Rs 9 Crore|
|Source of Income||Business|
|Parents||Dwarka Prasad Agarwal|
|Height||5.7 feet / 1.73 m|
|The Ernst &Young Entrepreneur of the Year||2008|
|The Economic Times, Business Leader Award||2012|
|The Asian Awards Entrepreneur of the Year||2016|
62 years old Anil Agarwal was born and raised up in Patna, Bihar in India. He completed his 10th from Miller High school but quit it before completing his high school education. At the age of 15 years, he joined his father’s business of aluminium conductors. After training under his father for 4 years nearly, Anil shifted to Mumbai from Pune for good career opportunities.
Anil started off trading in scrap metal by buying it from cable companies in various other states and selling them off in Mumbai. In the year 1976, Anil acquired a copper and other metal manufacturing company named Shamsher Sterling Corporation. Simultaneously he ran both his business for a decade and then in the year 1986 he founded Sterlite industries. But he soon understood that buying metals was not more profitable as prices of metals fluctuate a lot, so decided to manufacture them instead of buying.
Sterlite Industries was the pioneer in Private sector to have copper Refiner and Smelter. Sterlite Industries then acquired a couple of slow down manufacturing units and started natural mining process of these metals as well. Anil then decided to go international and founded Vedanta Resources in 2003, which got listed in London Stock, exchange as well. Vedanta Resources then acquired many Indian and international companies. It got the controlling stake in Cairn India as well. Vedanta Resources is now a natural resources Conglomerate company diversified globally.
Anil Agarwal is a great philanthropist as well and carry out various philanthropic programmes for needy people. He has built various schools and hospitals for improving livelihood of people. He emphasise on empowering women and child welfare.
Anil Agarwal’s fortune is all because of his business mind leading to some of the great acquisitions and founding of Vedanta Resources. The estimated Net Worth is $3 Billion as per Forbes in 2017 even after contributing much for the society.
Anil Agarwal is married to Kiran Gupta and have 2 children- Anivesh and Priya.