Anil Agrawal the Metal king: Anil Agrawal who is also known as the metal king, established the Vedanta Group in 1976. He has achieved all the success as a businessman, registered his company at the London Stock Exchange but even after enormous success he is not happy at the later half of his life why.
Mr. Agarwal who is the Non-Executive Chairman of Vedanta Limited, since 2005 has founded the Vedanta Group in 1976 and has over four decades of entrepreneurial and mining experience. He has helped shape the strategic vision of the Company to contribute to the larger purpose of uplifting communities.
Under his leadership, Vedanta has grown from an Indian domestic miner to a global natural resources group, with a world-class portfolio of large, diversified assets in Oil & Gas, zinc, silver, aluminium, copper, iron & steel and power that are capable of generating strong cash flows.
Mr. Agarwal’s vision is to empower the nation by achieving self-sufficiency in the natural resources sector. Over the years, he has invested over US$35 billion for the development of the metal and mining sector in India. He has also been a strong advocate for the growth of the MSME sector. Partnering with the government, the Vedanta Saathi programme has been created to provide a bouquet of services to MSMEs so that they can truly become employment generators for the economy. He has also been playing a pivotal role in the development of start-ups.
In 1993, Sterlite Industries became the first private sector company in India to set up a copper smelter and refinery.In 1995, Sterlite Industries acquired Madras Aluminium, a ‘sick’ company that had been shut down for 4 years and held by the Board for Industrial and Financial Reconstruction (BIFR).
When the government has announced the disinvestment program he took it as a golden opportunity and acquired 51% stake in BALCO (Bharat Aluminum company). In the very next year he has acquired 65% of stake in (Hindustan Zinc Limited).
Anil Agrawal as a Philanthropist: Mr. Agarwal believes that businesses must give back to the society and help them prosper. He has pledged 75% of his wealth for social good. He has signed The Giving Pledge, a movement of global philanthropists who have committed to giving away the majority of their wealth towards philanthropic and charitable causes. Mr. Agarwal is committed to promoting the well-being of the communities with a focus on women and child development. His dream project, Nand Ghar, is developing model anganwadis that are focused on eradicating child malnutrition, providing education, healthcare, and empowering women with skill development.
Anil Agrawal Empowering Communities: The Anil Agarwal Foundation is committed towards empowering communities, transforming lives and facilitating nation building through sustainable and inclusive growth. The Foundation has teamed up with the Bill & Melinda Gates Foundation to improve health and nutritional outcomes.
Vedanta Resources PLc: First to be registered at the London stock Exchange: Vedanta Resources PLc, headquartered in London, is a globally diversified natural resources conglomerate, with interests in zinc, lead, silver, copper, iron ore, aluminium, power generation, and oil and gas.The greatest share of its assets, however, is in India; Agarwal lives in London., was the first Indian firm to be listed on London stock exchange, on 10 December 2003, Vedanta Resources became the parent company of the group through a process of internal restructuring of group companies and their shareholding.
Vedanta Resources, headquartered in London, is a globally diversified natural resources conglomerate, with interests in zinc, lead, silver, copper, iron ore, aluminium, power generation, and oil and gas. The greatest share of its assets, however, is in India; Agarwal lives in London.
Anil Agrawal Family Background: Anil Agrawal born on the land of Buddha ‘Bihar’ in a small town Patna on January 24,1954, completed his education in malaviya Regional Engineering college. With big dreams in his eyes of becoming a successful business man he has started his journey in 1976 and became the metal king. According to the Forbes Magazine he has net worth of 4.4Billion USD. His spouse is Kiran Agrawal and two children Priya Agrawal and Agnivesh Agrawal.
His sibling Navin Agrawal is also an independent director at Vedanta Group.
Anil Agrawal Priya Agrawal Agnivesh Agrawal
Why Anil Agrawal is sad after immense success: Anil Agrawal in an interview told that even after immense success which he had achieved in his business is not happy because of loneliness. He addressed that when he was at his struggling phase his wife and children used to wait for him even up to 2 A.m. His wife used to greet him with love and they share their life on-going while having dinner together. But now after huge success lifestyle has changed, house has changed it became bigger there is cook available to cook the food but no one to greet. He shared that now-a-days when he reaches home there is gate keeper to open the door, cook to give the food but no family member to greet. In the loneliness he has kept two dogs who used to greet him whenever he enter home.
His advice is that money is important to enjoy a healthy life but too much money brings a lot of distraction in the family.