Vedanta Group chairman Anil Agarwal has committed to donating 75 per cent of his wealth to society. He said he will cease to be a promoter and serve as a trustee. This comes after his recent interaction with Prime Minister Narendra Modi.
The 72-year-old has an estimated net worth of about $4.9 billion (around Rs 3.66 lakh crore), according to Forbes.
In a February 3 post on X, Agarwal shared that he took part in Prime Minister Modi's "Roundtable with Global Energy Leaders" on the sidelines of the India Energy Week last week. This marked the first official meeting that Agarwal attended after the death of his son, Agnivesh, 49, following a cardiac arrest in the US.
During his conversation with PM Modi, Agarwal told him about his decision to formally step down from the promoter's role.
"I took the opportunity to inform him that I have already announced that 75% of my wealth will go back to society. I will cease to be a promoter and will work as a trustee," Agarwal wrote on the social media platform.
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