What is Anil Agarwal's net worth? Vedanta founder to donate 75 pc wealth to fulfil promise to late son Agnivesh

Following the death of Agnivesh Agarwal, Vedanta founder Anil Agarwal revealed that he had promised his son that he will donate 75 per cent of his wealth to society

Anil Agarwal and late son Agnivesh Agarwal Anil Agarwal and late son Agnivesh Agarwal | X

Agnivesh Agarwal, the son of metals mogul and Vedanta founder Anil Agarwal, died on Wednesday after suffering a cardiac arrest while recovering from a skiing accident in the US.

Agnivesh was being treated at Mount Sinai Hospital in New York. Taking to X, Vedanta founder and chairman Anil posted, "Today is the darkest day of my life. My beloved son, Agnivesh, left us far too soon. He was just 49 years old, healthy, full of life, and dreams. Following a skiing accident in the US, he was recovering well in Mount Sinai Hospital, New York. We believed the worst was behind us. But fate had other plans, and a sudden cardiac arrest snatched our son away from us."

Following the death of Agnivesh, the Vedanta founder revealed that he had promised his son that he will donate 75 per cent of his wealth to society.

"We shared a dream to ensure that no child sleeps hungry, no child is denied education, every woman stands on her own feet, and every young Indian has meaningful work," wrote Anil.

"I had promised Agni that more than 75% of what we earn would be given back to society. Today, I renew that promise and resolve to live an even simpler life," he added.

What is Anil Agarwal's net worth?

Anil Agarwal, who propelled Vedanta Resources from a scrap metal business to a London-based conglomerate, has a net worth of $4.2 billion (or Rs 37,768 crore). 

In 2003, Vedanta became the first Indian company to be listed on the London Stock Exchange.

Anil's philanthropy was heavily influenced by Agnivesh's dream of a self-reliant India. "Agnivesh believed deeply in building a self-reliant India. He would often say, 'Papa, we lack nothing as a nation. Why should we ever be behind?'" the bereaved father wrote.

"No words can describe the pain of a parent who must bid goodbye to his child. A son is not meant to leave before his father. This loss has shattered us in ways we are still trying to comprehend, he further wrote," Anil added.