Anil Agarwal Net Worth

Anil Agarwal Net Worth is
$1.6 Billion

Anil Agarwal Biography

$3.4 Billion: Anil Agarwal may be the founder and Chairman of Vedanta Assets Plc. which he settings through Volcan Investments, a keeping vehicle with a 61.7% stake in the businessAnil Agarwal lives in London. He’s wedded to his family members friend, Kiran Gupta and offers two childrenIn the mid-1970s, he started trading in scrap metallic, collecting it from wire companies in other says and offering it in Mumbai. In 1976, Anil Agarwal obtained Shamsher Sterling Company, a producer of enameled copper, among additional products, with a mortgage. For the next a decade, he ran both businesses.In 1986, he setup a factory to produce jelly-packed cables, creating Sterlite Industries. He quickly recognized that the profitability of his business was volatile, fluctuating with the costs of his recycleables: copper and aluminium. Therefore he made a decision to control his insight costs by making the metals rather than buying them. In 1993, Sterlite Sectors became the first personal sector firm in India to create a copper smelter and efinery. In 1995, Sterlite Sectors obtained Madras Aluminium, a ‘sick’ company that were turn off for 4 years and held by the Plank for Industrial and Financial Reconstruction (BIFR). The next phase of the backward integration procedure seemed natural: mining. Anil Agarwal Net Value: Anil Agarwal can be an Indian business owner who includes a net worthy of of $3.3 billion. Born in 1954 in Patna, Bihar, India, Anil Agarwal gained his prosperity as founder and chairman of the Vedanta Assets Company, one of the primary mining and nonferrous metal businesses in India. In 1976, he started Sterlite Sectors, a company employed in the commercial sector, and down the road, in 1986, Agarwal founded Vedanta Resources, which may be the first Indian firm that has achieved an inventory on the London STOCK MARKET. Now, the corporation’s hq is based in britain, in fact it is the main zinc maker and the next copper maker in the world. Furthermore, Agarwal provides donated a almost all money in purchase to build the Vedanta University in Orissa, India. Currently, “The Steel King” lives a lavish life in London, regarding his wife and two kids. In September 2014, Anil Agarwal announced his purpose to join Costs Gates and Warren Buffett’s offering pledge. Anil described that after ending up in Bill Gates, his family members decided they would hand out 75% of their fortune. At his current prosperity level, that quantities to slightly below $2.5 billion for charity. The Agarwal family it’s still worth around $825 million. No term yet on what particular regions of philanthropy Anil will become focusing on. Prominent businessperson, Anil Agarwal is usually titled as “The Metallic King” and owns to have impressive net well worth of $3.4 billion. This is actually the net worth approximated by Forbes magazine and he’s actually listed at rank 395 between the billionaire set of Forbes. He offers gained 17th rank in India as a billionaire and may become 21st richest personality of India. He’s recognized to earn his prosperity as a founder and chairperson of Vendanta Source Company that today stands to become among the leading mining and also nonferrous metal production company of India. How Rich is definitely Anil Agarwal

Quick Facts

Full NameAnil Agarwal
Net Worth2.7 billion USD
Date Of BirthJanuary 24, 1954
DiedJanuary 2, 2002, Dehradun, India
ProfessionEntrepreneur, Businessperson
SpouseKiran Agarwal
ChildrenAgnivesh Agarwal, Priya Agarwal
SiblingsNavin Agarwal
AwardsPadma Bhushan



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