What is Anil Agarwal's Net Worth?
Anil Agarwal is an Indian entrepreneur with a net worth of $3.3 billion. Born in 1954 in Patna, Bihar, India, Agarwal developed his fortune as the founder and chairman of Vedanta Resources Corporation, a leading mining and non-ferrous metal company in India.
Early Ventures
In 1976, Agarwal launched Sterlite Industries, marking his foray into the industrial sector. Ten years later, in 1986, he established Vedanta Resources, the first Indian company listed on the London Stock Exchange. Today, Vedanta's head office is in the United Kingdom, where it proudly stands as the world's major zinc producer and the second-largest copper producer.
Philanthropic Efforts
In addition to his corporate achievements, Agarwal has been a significant philanthropist. He has donated considerable sums to establish Vedanta University in Orissa, India, aimed at providing world-class education.
Currently residing in London, Agarwal enjoys his life with his wife and two children.
The Giving Pledge
In September 2014, Agarwal announced his intention to join Bill Gates and Warren Buffett's Giving Pledge. After meeting Gates, Agarwal and his family decided to donate 75% of their wealth, which amounts to around $2.5 billion. Post-donation, the Agarwal family will still hold a fortune of approximately $825 million. Specific philanthropic focus areas have not been disclosed yet.