Age, Biography and Wiki

Sunil Mittal (Sunil Bharti Mittal) was born on 23 October, 1957 in Ludhiana, Punjab, India, is an Indian businessperson. Discover Sunil Mittal's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 66 years old?

Popular As Sunil Bharti Mittal
Occupation Founder & chairman Bharti Enterprises
Age 66 years old
Zodiac Sign Libra
Born 23 October 1957
Birthday 23 October
Birthplace Ludhiana, Punjab, India
Nationality India

We recommend you to check the complete list of Famous People born on 23 October. He is a member of famous Founder with the age 66 years old group. He one of the Richest Founder who was born in India.

Sunil Mittal Height, Weight & Measurements

At 66 years old, Sunil Mittal height not available right now. We will update Sunil Mittal's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Sunil Mittal's Wife?

His wife is Nyna Mittal

Family
Parents Sat Paul Mittal (father)
Wife Nyna Mittal
Sibling Not Available
Children 3 (incl. Kavin Bharti Mittal)

Sunil Mittal Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Sunil Mittal worth at the age of 66 years old? Sunil Mittal’s income source is mostly from being a successful Founder. He is from India. We have estimated Sunil Mittal's net worth, money, salary, income, and assets.

Net Worth in 2024 11.1 billion USD (2020)
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Founder

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Timeline

1957

Sunil Bharti Mittal (born 23 October 1957) is an Indian billionaire businessman and philanthropist.

He is the founder and chairman of Bharti Enterprises, which has diversified interests in telecom, insurance, real estate, education, malls, hospitality, Agri and food besides other ventures.

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

Bharti Airtel clocked revenues of over US$18 billion in FY2023.

In 2023 he was ranked the 10th richest person in India by Forbes, with an estimated net worth of US$14.8 billion.

1976

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.

A first-generation entrepreneur, Sunil started his first business in April 1976 at the age of 18, with a capital investment of inr 20000 borrowed from his father.

His first business was to make crankshafts for local bicycle manufacturers.

1980

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.

1981

In 1981, he purchased importing licenses from exporting companies in Punjab.

He then imported thousands of Suzuki Motors's portable electric-power generators from Japan.

The importing of generators was suddenly banned by the then Indian Government.

1983

Sunil says, "In 1983, the government imposed a ban on the import of gensets. I was out of business overnight. Everything I was doing came to a screeching halt. I was in trouble. The question then was: what should I do next? Then, opportunity came calling. While in Taiwan, I noticed the popularity of the push-button phone – something which India hadn't seen then. We were still using those rotary dials with no speed dials or redials. I sensed my chance and embraced the telecom business. I started marketing telephones, answering/fax machines under the brand name Beetel and the company picked up really fast.".

He named his first push-button phones as 'Mitbrau'.

1984

In 1984, he started assembling push-button phones in India, which he earlier used to import from a Taiwan company, Kingtel, replacing the old fashioned, bulky rotary phones that were in use in the country then.

Bharti Telecom Limited (BTL) was incorporated and entered into a technical tie up with Siemens AG of Germany for manufacture of electronic push button phones.

1990

By the early 1990s, Sunil was making fax machines, cordless phones and other telecom gear.

1992

His father died of cardiac arrest in 1992.

In 1992, he successfully bid for one of the four mobile phone network licenses auctioned in India.

One of the conditions for the Delhi cellular license was that the bidder have some experience as a telecom operator.

So, Mittal clinched a deal with the French telecom group Vivendi.

He was one of the first Indian entrepreneurs to identify the mobile telecom business as a major growth area.

1994

His plans were finally approved by the Government in 1994 and he launched services in Delhi in 1995, when Bharti Cellular Limited (BCL) was formed to offer cellular services under the brand name AirTel in 1997.

Within a few years Bharti became the first telecom company to cross the 2-million mobile subscriber mark.

Bharti also brought down the STD/ISD cellular rates in India under brand name 'Indiaone'.

2007

In 2007, he was awarded the Padma Bhushan, India's third highest civilian honor.

2008

In May 2008, it emerged that Sunil Bharti Mittal was exploring the possibility of buying the MTN Group, a South Africa-based telecommunications company with coverage in 21 countries in Africa and the Middle East.

The Financial Times reported that Bharti was considering offering US$45 billion for a 100% stake in MTN, which would be the largest overseas acquisition ever by an Indian firm.

However, both sides emphasize the tentative nature of the talks, while The Economist magazine noted, "If anything, Bharti would be marrying up," as MTN has more subscribers, higher revenues and broader geographic coverage.

However, the talks fell apart as MTN group tried to reverse the negotiations by making Bharti almost a subsidiary of the new company.

2009

In May 2009, Bharti Airtel again confirmed that it was in talks with MTN and the companies agreed to discuss the potential transaction exclusively by 31 July 2009.

Talks eventually ended without agreement, some sources stating that this was due to opposition from the South African government.

2010

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.

2012

In 2012, Bharti tied up with Wal-Mart, the US retail giant, to start a number of retail stores across India.

2014

In 2014, Bharti planned to acquire Loop Mobile for INR 7 billion, but the deal was called off later.

His son Kavin Bharti Mittal is the CEO and founder of hike Messenger.

2016

On 15 June 2016, he was elected as Chairman of the International Chamber of Commerce.

Sunil Bharti Mittal was born in Ludhiana, Punjab into a Agarwal family.

His father, Sat Pal Mittal, had been a Member of Parliament, Rajya Sabha (Indian National Congress) from Ludhiana, Punjab.