Anil Agarwal
Anil Agarwal is the founder and Chairman of Vedanta Resources Limited. He controls Vedanta Resources through Volcan Investments, a holding vehicle with a 100% stake in the business.
- Metals and mining magnate Anil Agarwal turned a tiny scrap metal business into London-headquartered Vedanta Resources.
- In October 2018, Agarwal took Vedanta private after paying more than $1 billion for the one third of the metals firm that he didn’t already own.
- In 2017 he bought a 19% stake in London-listed miner Anglo American through his family trust and sold it in 2019.
- His listed Sterlite Technologies has hived off its power transmission business into a separate unit and listed an infrastructure investment trust.