This Indian billionaire has acquired 100-year-old iconic Riverside Studio in London, not Mukesh Ambani, Adani

Anil Agarwal, founder and chairman of Vedanta Group, is one of the richest men in India. He is a metals and mining magnate who turned a tiny scrap metal business into London-headquartered Vedanta Resources, whose market cap is Rs 1.66 lakh crore, as of 8 January 2025.
 
Now, Agarwal has become the new owner of the iconic Riverside Studio in London. The 100-year-old studio is a renowned global centre for arts. It is located on the north bank of the river Thames in the centre of London. It will now operate under the name 'Anil Agarwal Riverside Studios Trust', a press release stated.

"Riverside Studios will become a premier global destination for showcasing Indian and global arts and culture. I invite Indian artists and the film fraternity to showcase their artistic talent and cinematic depth at this world-renowned venue for a truly enriching experience. Global leaders from various spheres now have an opportunity to enthral the audience with their real-life experiences and journey, here," said Agarwal in a statement.

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Boasting an illustrious history, Riverside Studio has hosted performances and artworks by prestigious artists from across the world including the Beatles, David Bowie, Dario Fo and David Hockney. This foray, according to the statement, highlights Agarwal's commitment to fostering creativity and global cultural exchange. His vision, centred on the 'Art In Every Heart' initiative, seeks to make art universally accessible, emphasising the rich cultural ties between India and the world.

What many people may not know is the reason I came to Mumbai for the first time - to become a singer in Bollywood.

Yeh mera sapna raha hai ki main arts, culture and entertainment industry mein kuchh contribute karoon. Finally, a part of that dream has come true.… pic.twitter.com/om021fRd8v

— Anil Agarwal (@AnilAgarwal_Ved) January 8, 2025

"With immersive performances, exhibitions, and cinematic showcases, the Studios will celebrate diverse heritage while continuing to host world-class productions from across the globe. I look forward to building a space that not only nurtures creativity but also inspires social change,” he added.

(With inputs from PTI)