Rakesh Mittal

$7.08B
$173.3M (-2.4%)
as of 07/02/24

About Rakesh Mittal

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.

Personal stats

Citizenship

India

Source of wealth

Telecom

Residence

Delhi, India

Marital status

Married

Birth date

09/18/55 (age 68)

Education

Bachelor of Arts/Science, Punjab University

Self-made

inherited

Rakesh Mittal’s fortune is worth

118K

troy ounces of gold

109K

median U.S. household

71K

median U.S. income

0.142%

U.S. credit card volume

0.028%

GDP of the United States

0.021%

United States debt

Net worth history

Annual ranking

Did you know?

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.

Net worth over time

Real-time ranking

Financial assets

BSE INDIA | 532454-IN

Bharti Airtel Ltd.

EURONEXT PARIS | ETL-FR

Eutelsat Communications

BSE INDIA | 540716-IN

ICICI Lombard General Insurance Company

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