$9.1B
$-150M
(-1.6%)

IN
· Age 70
Source of wealth: Telecom
Industry: telecom
Residence: Delhi
{
"bio": [
"Rakesh Mittal is a non-executive director of Bharti Airtel, one of India's largest mobile phone operators. It has more than 500 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 would be for a minority stake in the company.",
"Their Bharti Global, run by his nephew Shravin, had invested in U.K. satellite provider OneWeb. In 2022, they agreed to merge it with Eutelsat in a deal that valued OneWeb at $3.4 billion.",
"In March 2024, Indian-American billionaire investor Rajiv Jain's GQG Partners bought a $713 million stake in Bharti Airtel from SingTel."
],
"about": [
"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."
]
}