India's Minesweeper
Forbes India|December 29, 2017

BOLD, STRATEGIC ACQUISITIONS HAVE SHAPED THE FORTUNE OF VEDANTA RESOURCES CHAIRMAN ANIL AGARWAL, WHO IS NOW FOCUSSED ON CHANNELLING HIS BILLIONS FOR THE GREATER GOOD .

Varsha Meghani
India's Minesweeper

As he strides across the living room of his residence in South Mumbai, Anil Agarwal looks into the distance where leafy greens give way to sweeping views of the Arabian Sea. “It is often said that what you take from the Ganga, you must return to the Ganga,” says the billionaire boss of Vedanta Resources. Dressed in a sober blue suit and rectangular-framed glasses, Agarwal is a towering figure in India Inc. Not just because he’s almost six feet tall, but also because the self-made industrialist’s London-listed natural resources conglomerate, which turned over $11.5 billion last fiscal, is the sixth biggest in the world (by Ebitda). And with a personal fortune of $3.2 billion he is ranked 44 on the 2017 Forbes India Rich List. (Up from rank 63 and $1.86 billion last year.)

Yet the description of a billionaire disappoints him. “I have pledged most of my wealth. Where are the billions?” he says referring to his promise to give away 75 percent of his fortune to philanthropy—a decision he took with his family in 2014. In fact, even getting this interview with him was difficult. Time constraints aside, Agarwal is disconcerted about being profiled among India’s richest, as this issue of Forbes India sets out to do. “Money is important. It gives you confidence. But I never came from that background, so it makes me uncomfortable,” says Agarwal, whose shaven head and light grey stubble lend him a more rough-and-tumble look.

Esta historia es de la edición December 29, 2017 de Forbes India.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición December 29, 2017 de Forbes India.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE FORBES INDIAVer todo
Home-Cooked Meal Is Now Greatly Valued
Forbes India

Home-Cooked Meal Is Now Greatly Valued

The pandemic has also brought with it an improved focus on hygiene, use of technology in dining, rise of cloud kitchens and resurgence in popularity of Indian ingredients

time-read
8 minutos  |
May 21, 2021
Paytm 3.0 - Reaching Near Breakeven In Two Years
Forbes India

Paytm 3.0 - Reaching Near Breakeven In Two Years

As of 2020, Vijay Shekhar Sharma’s super app for financial services had run up losses in thousands of crores. Now, as digital payments gets yet another boost courtesy Covid-19, he’s hopeful of reaching near breakeven in two years

time-read
10+ minutos  |
June 4, 2021
THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN
Forbes India

THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN

Covid-19 has shown that women are more likely to face the brunt of job losses than men, and find fewer opportunities when they want to resume. That apart, several have to deal with increased hours of unpaid work at home and even domestic abuse

time-read
8 minutos  |
May 21, 2021
LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE
Forbes India

LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE

Leaders must not only guard their teams first during a crisis, but also deal with stakeholders with respect and dignity. And apart from pursuing business goals, they should remain committed to our planet and the environment

time-read
7 minutos  |
May 21, 2021
PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST
Forbes India

PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST

Apart from building a flexible and resilient framework for the future, philanthropists, civil society and the government must work in tandem so that every rupee is absorbed on the ground

time-read
9 minutos  |
May 21, 2021
INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR
Forbes India

INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR

While clinical research will get a boost, having a skilled workforce and public spending on health care will be challenges in the near term

time-read
8 minutos  |
May 21, 2021
DIGITALISATION WILL HELP IN VALUE CREATION
Forbes India

DIGITALISATION WILL HELP IN VALUE CREATION

As the pandemic brings technology and innovation to the core of business and daily life, the next decade will see about 150 million digital-first families in India

time-read
8 minutos  |
May 21, 2021
Industry 4.0: Climate Revolution?
Forbes India

Industry 4.0: Climate Revolution?

Augmenting sustainability alongside digital capabilities is an economic, competitive and global opportunity for India’s businesses, but regulations need to reflect intent

time-read
10 minutos  |
June 4, 2021
EV Dream Still Miles Away
Forbes India

EV Dream Still Miles Away

Electric vehicles have remained a buzzword in India for years. But not much has moved on ground due to high upfront costs, range anxiety and charging infrastructure

time-read
6 minutos  |
June 4, 2021
Living Waters
Forbes India

Living Waters

A virus has caused us to scramble for oxygen but our chokehold on the environment is slowly strangling the very waters that breathe life into us. The virus is a timely reminder: We are merely consumers, not producers of life’s breath on this planet

time-read
4 minutos  |
June 4, 2021