Vedanta Group Success Story: Agnivesh Agarwal, son of Vedanta Group Chairman Anil Agarwal, has passed away. His age was only 49 years. He was admitted to the hospital for treatment after meeting with an accident while skiing, where he died in New York on Wednesday due to cardiac arrest. Anil Aggarwal gave this information in a social media post. Agnivesh was on the board of Talwandi Sabo Power Limited (TSPL), a Vedanta group company.

Also made an emotional post on the demise of Agnivesh, son of Vedanta Group Chairman Anil Agarwal. While sharing a photo with his son Agnivesh on social media, he mentioned his big dream and said that he will fulfill it. He wrote- ‘Today is the saddest day of my life. My dear son Agnivesh left us too soon. He was just 49 years old, healthy, full of life and had many dreams.

He further wrote that- After the skiing accident in America, his health was improving in New York’s Mount Sinai Hospital. We thought everything was fine now, but fate had something else in store. Our son was taken from us due to sudden cardiac arrest. To me, he was not just my son, he was my friend, my pride, my world, the family is devastated by this loss. Kiran and I are heartbroken.

Was born in Marwari family of Patna

Vedanta Group Chairman Anil Agarwal’s journey to becoming a metal king started with his birth. Anil Aggarwal was born in 1954 in a Marwari family of Patna. Studied in government school. Father Dwarka Prasad Aggarwal was a small businessman of aluminum conductors. Helped in father’s business. Reached Mumbai at the age of 19 in search of a better future.

Tried his hand in small business, but was not successful

After coming to Mumbai, Anil Aggarwal kept trying his hand in different businesses for a few years. Started 9 businesses there, all failed. Also did scrap business for some time. Speaking once in Cambridge, he had said that my first 30 years were spent in struggle. Was in depression for years. After that bought a house in Mumbai. Then called his wife and son also. During the speech in Cambridge, Anil had praised his wife and said that she had turned that small house into a home.

Anil had once told on social media, ‘I bought the first company with great expectations, but there was no significant benefit. Ten years passed in very difficult circumstances. After this, Shamsher Sterling Cable Company was purchased in 1976. Then I did not have money to pay salaries to workers and buy raw materials. Every business failed, but I did not give up.

Vedanta Resources started in 1976

After this, in 1976, Anil started a new company and named it Vedanta Resources. He started making profits in this business right from the beginning. He used this profit to acquire other companies. In 1993, he set up a plant to manufacture aluminum sheets and foils in Aurangabad. With this it became India’s first copper refinery private company.

How Anil Aggarwal became Metal King

In 2001, the Government of India offered stake in government companies to private companies. Then Vedanta Resources bought 51% shares in Bharat Aluminum Company. This deal was done for Rs 551.50 crore. The very next year Vedanta bought 65% stake in Hindustan Zinc Limited. In this way Vedanta Resources became a shareholder of more than half the shares in two public sector companies. It is said that when Vedanta bought stake in both these companies, their condition was not good. Both were mining companies. Vedanta also had business in this sector. In such a situation, Vedanta benefited a lot from this decision of Anil Aggarwal. From here Anil Aggarwal established himself in the metal production sector. He came to be called the ‘Metal Man’ of India.

one of the largest companies in the world

Vedanta is one of the world’s largest companies producing zinc, lead, aluminum and silver. Its founder Anil Aggarwal is known as the Metal Man of India. The market cap of the company is around Rs 83 thousand crores. Recently he had written on social media, ‘I had not thought that despite being an ordinary man, I would contribute to nation building.’ It is known that Vedanta has contributed Rs 3.39 lakh crore tax in 8 years.

Total assets Rs 35,000 crore

Anil Aggarwal, who became a global businessman from Patna, Bihar, is today the chairman of Vedanta Group. According to Forbes July 2025 list, his net worth has reached Rs 35,000 crore. Due to which he has become the richest person of Bihar. He is ranked 16th in the Hurun India Rich List 2025, while he is ranked fourth among NRI wealth creators.

Who in Anil Aggarwal’s family

Anil Aggarwal has 2 children. One was sold by Agnivesh and the other by Priya Aggarwal. Agnivesh Aggarwal was a board member at Talwandi Sabo Power Limited, a unit of Vedanta Group. Meanwhile, Priya Aggarwal is on the board of Vedanta. She is also the chairperson of Hindustan Zinc Limited.

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