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#187 Billionaire

Sunil Mittal

$13.9B
$-229M (-1.6%)
IN · Age 68
Source of wealth: Telecom
Industry: telecom
Residence: Delhi
{ "bio": [ "Telecom tycoon Sunil Mittal's Bharti Airtel is among 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 was for a minority stake in the company.", "Mittal's Bharti Global, run by son Shravin, invested in U.K. satellite provider OneWeb. In 2022, Mittal 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.", "Mittal has been conferred the Padma Bhushan, one of India's highest civilian awards." ] }

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