Anil Agarwal
Anil Agarwal
Vikas Khot
At a Glance
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Age62
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Earnings$ 1.96 Billion
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Source of earningsMetals
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Marital StatusMarried
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Children2
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ResidenceLondon
Forbes India Lists
#51 India Rich List 2015
#24 India Rich List Rank 2014
#21 India Rich List Rank 2013
Profile
Metals magnate is poorer by $1.5 billion, as shares of his London-listed Vedanta Resources plunged on falling commodity prices. Company's Indian arm, Vedanta, has resumed mining iron ore in Goa state after the Supreme Court lifted a ban last year, but it still faces a cap on how much it can mine. Minority investors are opposing oil-and-gas unit Cairn India's merger with Vedanta on grounds that the terms are unfavorable and Vedanta may use Cairn's cash hoard to pay down its debt.
