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Sunil Mittal Net Worth 2021

Sunil Mittal net worth

Glusea brings to you Sunil Mittal net worth 2021 in this article. Keep reading to fine more about the founder of Bharti Enterprises here.

Net worth$11.2 billion
NameSunil Bharti Mittal
Date of birth23 October 1957
OccupationEntrepreneur
NationalityIndian

Sunil Mittal net worth is $11.2 billion. Sunil Bharti Mittal is an Indian billionaire entrepreneur, philanthropist and the founder and chairperson of Bharti Enterprises, which has diversified interests in telecom, insurance, real estate, education, malls, hospitality, Agri and food besides other ventures.

Early life

Sunil Bharti Mittal was born in a Punjabi family. He first joined the Wynberg Allen School in Mussoorie, but later attended Scindia School at Gwalior and he graduated in 1976 from Panjab University, Chandigarh, with a Bachelor of Arts and Science for which he studied in Arya College, Ludhiana.

Career

In 1980, he along with his brothers Rakesh Mittal and Rajan Mittal started an Import Enterprise named Bharti Overseas Trading Company. He sold his bicycle parts and yarn factories and moved to Mumbai. In 1981, he purchased importing licenses from exporting companies in Punjab. He then imported thousands of Suzuki Motors’ portable electric-power generators from Japan.

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 Bharti Airtel, the group’s flagship company is one of the world’s largest and India’s second-largest telecom company with operations in 18 countries across Asia and Africa with a customer base of over 399 million.

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Bharti Airtel made unsuccessful bids to buy South African Telecom giant MTN Group in 2009. In June 2010, Bharti led by Mittal acquired the African business of Zain Telecom for $10.7 billion (enterprise value) making it the largest ever acquisition by an Indian telecom firm.

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In late 2013, Mittal announced the acquisition of Warid Congo, making Bharti Airtel the largest telecoms provider in the Republic of Congo.

Sunil Mittal Net Worth

Sunil Mittal net worth is $11.2 billion. He is one of the richest people in India. Bharti Airtel clocked revenues of over US$14.75 billion in FY2016

In 2007, he was awarded the Padma Bhushan, India’s third-highest civilian honor. On 15 June 2016, he was elected as Chairman of the International Chamber of Commerce.

Philanthropy

He has also been involved in a number of philanthropic activities through the Bharti Foundation

The Foundation has established schools in villages across India and offers free quality education with free books, uniform and mid day meals to poor children

Family

Mittal has been married “for decades” to Nyna Mittal, a philanthropist who focuses on education. The couple has one daughter and two sons, who are twins, born August 31, 1987.

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One son, Kavin Bharti Mittal, is an entrepreneur and the founder and CEO of Hike, a New Delhi-headquartered tech and internet startup. The other son, Shravan Bharti Mittal, is the founder and CEO of Unbound, London-based venture capital and private equity firm, and a director of Bharti Global Ltd, a London-headquartered firm in the Bharti corporate family. 

Awards

  • CEO of the year, Frost and Sullivan Asia Pacific ICT awards, 2006
  • CEO of the year, 2005–06, Business Standard
  • Best Asian Telecom CEO, Telecom Asia Awards, 2005
  • Best C.E.O, India, Institutional Investor, 2005
  • Business Leader of the Year, Economic Times, 2005
  • Philanthropist of the Year Award, The Asian Awards, 2010
  • INSEAD Business Leader Award, 2011
  • Honoris Causa Doctorate of Sciences (D.Sc.) Degree, Amity University Gurgaon, 2016
  • Honoris Causa Doctorate of Sciences (D.Sc.) Degree,Shri Mata Vaishno Devi University, Katra, J&K, 2018
  • Doctor Honoris Causa, ESCP Business School, ESCP Europe, Paris, 2018

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