Name
Anil Agarwal
Anil Agarwal
London, United Kingdom
India
mining, metals, Self Made
$3,800,000,000
529
#546 Billionaires 2019
#37 India's Richest 2018
Metals and mining magnate Anil Agarwal turned a tiny scrap metal business into London-listed Vedanta Resources with copper, zinc and aluminium assets.In March 2017 he bought a 12% stake in London-listed miner Anglo American for $2.4 billion through his family trust, then later raised it to 19%.In October, 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 hived off its power transmission business into a separate unit and listed an infrastructure investment trust.
Agarwal has pledged 75% of his wealth to charity.
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