Vedanta Chairman Anil Agarwal Announces Plan to Donate 75% of His Income

Vedanta Group Chairman Anil Agarwal has once again reaffirmed his pledge to donate 75 percent of his personal earnings to society. He stated that he remains committed to fulfilling the promise he made to dedicate a major portion of his wealth for social welfare and nation-building initiatives. This announcement was made in the backdrop of a personal tragedy the untimely demise of his son, Agnivesh Agarwal (49), who passed away in the United States following a sudden cardiac arrest. Agnivesh had earlier met with a skiing accident and was recovering in hospital when the fatal heart attack occurred.

Anil Agarwal, whose net worth is estimated at around $33 billion, shared an emotional post on social media, expressing his grief and renewed determination to honour his commitment towards philanthropy. “To fulfil the promise I made to my son, I will donate more than 75 percent of our wealth to society. From now on, I will also lead a simpler life,” Agarwal wrote. He described his son as a humble and visionary individual who firmly believed in India’s journey towards self-reliance. Despite achieving many successes, Agnivesh remained grounded and was more like a close friend to him. He had numerous dreams and aspirations for the future.

Recalling the tragic incident, Agarwal said that Agnivesh was injured in a skiing accident in the United States and was undergoing treatment in a hospital when he suffered a sudden cardiac arrest and passed away. Reaffirming his commitment, Agarwal wrote, “I had promised Agni that I would return 75 percent of our wealth to society. I am once again reaffirming that promise today. I do not know how to walk this path without you, but I will strive to carry forward your thoughts and ideals.”