Who is Anil Agarwal: Once used to sell junk on the streets of Patna, today he is distributing profits worth Rs 3 thousand crores! Know the net worth of Anil Aggarwal
Who is Anil Agarwal: After taking forward the process of demerger of Vedanta by Anil Aggarwal, the board of the country's leading aluminum company 'Vedanta Aluminum Metal Limited' (VAML) has made several major announcements for the shareholders and employees on 30 July 2026. The company has approved a first interim dividend of ₹8 per share of ₹1 face value for the financial year 2026-27, resulting in a total payment of ₹3,128.55 crore to investors, the record date of which has been fixed for August 5, 2026. Along with this, for the purpose of rewarding the employees, the Board has approved 'VAML ESOP 2026' and 'ESPP' schemes, under which up to 5% of the total paid-up share capital will be offered to eligible employees through 'VAML ESOS Trust' at a face value or fixed price of ₹ 1. Due to these positive decisions, shares of Vedanta Aluminum saw a rise of about 4% and were seen trading at around ₹457.
It is said that if your courage is flying, then no obstacle can stop you from reaching your destination. This statement fits perfectly with Anil Agarwal, Founder Chairman of Vedanta Limited, one of the most prominent faces in the natural resources and mining sector. His journey, which started from the streets of Patna, has today reached the Businessman Circle of London. How a common youth working as a scrap worker built a global empire worth billions of dollars is no less than a film story.
2000 rupees journey from Patna school to Mumbai
Born in a lower-middle-class Marwari family in Patna, Bihar in 1954, Anil Aggarwal's early days were full of struggles. Talking about his education, he did his early education from Patna school, but left his studies at the age of 15 to help his family's scrap business.
Anil, who relied on practical experience rather than bookish knowledge, came to the city of dreams Mumbai in 1973 at the age of just 19 with only ₹ 2,000 in his pocket.
When 9 businesses failed, the key to success was found
Coming to Mumbai was easy, but staying there proved to be equally difficult. At the beginning of his career, he had to face failure in 9 businesses one after the other. But he did not give up. Eventually, he found his way to success in the non-ferrous scrap metal business.
In 1976, he laid the foundation of Sterlite Industries (India) Limited. This company, which started with manufacturing copper wire and rods, gradually emerged as a big copper smelter. After this Anil Aggarwal never looked back.
- 2001 (Acquisition of Balco): Entered aluminum sector.
- 2002 (Acquisition of Hindustan Zinc): Made major expansion in zinc and lead business.
- 2003 (historic listing on LSE): Vedanta Resources listed on the London Stock Exchange at a valuation of $1 billion. It was one of the largest global IPOs in the metals and mining sector at that time.
0.4% GDP and millions of jobs
Today, under the guidance of Anil Aggarwal, Vedanta Group apart from India, extends to Zambia, South Africa, Namibia, Australia and Ireland. The group has dominance in key sectors like Zinc (Hindustan Zinc), Copper (Sterlite Copper), Aluminum (Balco), and Oil & Gas (Cairn India).
The company contributes about 0.4% to India's total GDP and generates about 12 lakh indirect jobs through its supply chain.
Net Worth and Lifestyle
According to Forbes (2026) reports, the net worth of Anil Aggarwal and his family is approximately between $4.2 to $4.9 billion (₹35,000 to ₹40,000 crore). Apart from his stake of more than $10 billion in Vedanta Resources, he also has major investments in real estate and private properties.
Despite such immense wealth, 72 year old Anil Aggarwal believes in living a simple life.
Family: Wife Kiran Agarwal, son Agnivesh Agarwal (his son died untimely in January this year) and daughter Priya Agarwal (currently a non-executive director at Vedanta).
Hobbies: His habits include daily meditation, collecting art and leading a simple lifestyle.
Pledge to donate 75% of property
Anil Aggarwal is not only ahead in business but is also very generous in giving. Through Anil Agarwal Foundation (2021), he has promised to donate 75% of his wealth (approximately ₹25,000+ crore) for social service. Under the 'Nand Ghar' project, he is spending ₹5,000 crore for nutrition, children's education and development of Anganwadis in rural areas, which is helping lakhs of children and women.
This story of Anil Aggarwal, honored with awards like Rajasthan Ratan and FICCI Lifetime Achievement, proves that if the vision is clear and intentions are strong, then one can reach the peak even from zero.
The post Who is Anil Agarwal: Once used to sell junk on the streets of Patna, today he is distributing profits of Rs 3 thousand crores! Know the net worth of Anil Aggarwal appeared first on Latest.
Comments are closed.