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Aga
Anu Aga
Rank #1181
INDIA•Construction & Engineering•Engineering

Anu Aga

Net Worth
$3.599B
-3.53% (24h)
Anu Aga is an Indian billionaire businesswoman and social worker, renowned for her leadership at Thermax, an engineering company specializing in energy and environment. Born in Mumbai on August 3, 1942, Aga holds a degree in economics and a postgraduate degree in social work. Her career at Thermax began in 1985, and she became chairperson in 1996, after her husband's death, transforming the company. After stepping down as chairperson in 2004, Aga dedicated herself to social work, including founding Teach For India and serving in the Rajya Sabha. With a net worth of $2.6 billion in 2024, she continues to be a respected figure in both business and philanthropy.

How to read Anu Aga's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Anu Aga, we anchor the narrative to Engineering and Engineering, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $3.599B alongside global rank #1181, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (INDIA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Anu Aga was born on August 3, 1942, in Bombay (now Mumbai) to a Parsi Zoroastrian family. She graduated with a B.A. in Economics from St. Xavier's College, Mumbai, and later pursued post-graduation in medical and psychiatric social work from the Tata Institute of Social Sciences (TISS), Mumbai. She also was a Fulbright Scholar.

Rise to Success

Anu Aga's career took a significant turn in 1985 when she joined Thermax, an energy and environment engineering business. She initially headed the human resources division from 1991 to 1996. Following the death of her husband in 1996, Anu Aga took over as the Chairperson of Thermax. During her tenure, she successfully led the company, contributing to its growth until her retirement in 2004. Aga was known for her transparency in corporate governance. Under her leadership, Thermax grew in size and profits.

Key Business Strategies

During her time as chairperson, Aga focused on operational efficiency and strategic restructuring to navigate financial challenges. She stepped down as chairman in 2004, ceding the spot to her daughter Meher.

Philanthropy

After retiring from Thermax, Aga dedicated her life to social work and was awarded the Padma Shri for Social Work by the Government of India in 2010. She is the chairperson of Teach For India, a non-profit that recruits young people to teach for two years in schools for low-income kids. She was also nominated to the Rajya Sabha.

Career Timeline

2012

Nominated to Rajya Sabha

Nominated to the Rajya Sabha, the Upper House of Indian Parliament.

2010

Padma Shri Award

Awarded the Padma Shri for Social Work by the Government of India.

2004

Retired from Thermax

Stepped down as chairperson of Thermax.

1996

Chairperson of Thermax

Took over as Chairperson after the death of her husband.

1991

Headed Human Resources at Thermax

Served as head of the human resources division.

1985

Joined Thermax

Began her career at Thermax, an energy and environment engineering business.

Philanthropic Impact

EducationUndisclosed

Teach For India

Chairperson of Teach For India, a non-profit focused on education for underprivileged children.

EducationUndisclosed

Thermax Foundation

Closely associated with the Thermax Foundation, which supports primary education for the underprivileged

EducationUndisclosed

Akanksha

Supports Akanksha, an NGO promoting school education for underprivileged children in Mumbai and Pune

Key Business Ventures & Holdings

CompanyStakeValue
Thermax——

Net Worth History

In-Depth Analysis

Early Life

Anu Aga was born on August 3, 1942, in Bombay (now Mumbai) to a Parsi Zoroastrian family. She graduated with a B.A. in Economics from St. Xavier's College, Mumbai, and later pursued post-graduation in medical and psychiatric social work from the Tata Institute of Social Sciences (TISS), Mumbai. She also was a Fulbright Scholar.

Rise to Success

Anu Aga's career took a significant turn in 1985 when she joined Thermax, an energy and environment engineering business. She initially headed the human resources division from 1991 to 1996. Following the death of her husband in 1996, Anu Aga took over as the Chairperson of Thermax. During her tenure, she successfully led the company, contributing to its growth until her retirement in 2004. Aga was known for her transparency in corporate governance. Under her leadership, Thermax grew in size and profits.

Key Business Strategies

During her time as chairperson, Aga focused on operational efficiency and strategic restructuring to navigate financial challenges. She stepped down as chairman in 2004, ceding the spot to her daughter Meher.

Philanthropy

After retiring from Thermax, Aga dedicated her life to social work and was awarded the Padma Shri for Social Work by the Government of India in 2010. She is the chairperson of Teach For India, a non-profit that recruits young people to teach for two years in schools for low-income kids. She was also nominated to the Rajya Sabha.

Data Sources & Methodology

Figures for Anu Aga are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.

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