Portrait of Sunil Mittal

Rank #221

Sunil Mittal

Net worth $13.5B

Telecom · India

Born
Oct 23, 1957
Age
68
Source
Telecom
Residence
Delhi
Citizenship
India
Marital status
Married
Children
3
Education

Net worth over time

Biography

  • Telecom tycoon Sunil Mittal's Bharti Airtel is among India's largest mobile phone operators. It has more than 600 million customers across South Asia and Africa.
  • Airtel, which has SingTel as its partner, competes with Mukesh Ambani's Reliance Jio and Kumar Birla's Vodafone Idea.
  • In 2022, Google announced a $1 billion investment in Bharti Airtel,of which $700 million was for a minority stake in the company.
  • Mittal's Bharti Global, run by his son Shravin, has stakes in France's Eutelsat, and U.K. telecoms giant BT Group, where Mittal has a board seat.
  • Bharti was set up in 1976 as a maker of bicycle parts.
  • Mittal and his two siblings have pledged $1.1 billion to their charitable foundation, mainly to set up a new university to provide free education for the poor.
  • Mittal has been conferred the Padma Bhushan, one of India's highest civilian awards.
  • In March 2024, Indian-American billionaire investor Rajiv Jain's GQG Partners bought a $713 million stake in Bharti Airtel from SingTel.

Financial assets

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