A K Agarwal
Rank: No 20
Company: Vedanta Resources
Designation: Executive chairman
Compensation: Rs 10.60 crore (Rs 106 million)
Market cap: Pound 1,874.58 million (not listed in India)
About: Agarwal is founder-director and executive chairman of the UK-based Vedanta Resources corporation, which owns mining and metal resources in India, Australia and Zambia. He was ranked 164 in Forbes magazine's 2008 list of the world's billionaires.
In 2007, he announced a $3.1 billion expansion of Vedanta Resources' capacities. In 2006, he donated $1 billion to establish the Vedanta University modelled on Stanford University. It will be built in Orissa on a 6,000 acre campus that will ultimately accommodate 100,000 students.
Agarwal, who founded the Vedanta group in 1976, is also chairman of Sterlite and is a Director of BALCO, HZL, and Vedanta Alumina Ltd. He has over 30 years' experience as an industrialist.
Image: A K Agarwal
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