Today, Airtel has a national network with a presence in nearly every major sector. The Company is one of the India’s Largest Telecomm sector Company having a Market Capitalization of more than Rs.60,000 Crores.
Sunil Mittal & his brothers own 32% of the Company and are therefore worth something like above Rs.20,000.
- Sunil Mittal was born on 23rd October, 1957. Sunil Mittal’s Net worth is US $ 11.5 Billions according to Forbes 2008 Data. and he is India’s Top 10 Richest person.
- Sunil Mittal was born in Rajasthan, India and he has 3 Children.
- His monthly Salary is Rs.1,25,000 per Month
- He lives in Delhi, India.
Here is a History of “How Sunil Mittal has founded Bharti AirTel Group” -
- Sunil’s father was Satpaul Mittal, a well-respected and much liked politician of Ludhiana, India.
- Satpaul Mittal has 3 sons, one is Sunil Mittal. All of the 3 sons went into business and all the brothers are still partners in AirTel.
- Sunil has started small, both in terms of Age & Vision.
- Sunil’s first Venture was to import scrap and then moved it into bicycle parts at the age of 19 only.
- Sunil’s second venture was to manufacture stainless steel sheets. And this Business took him to Mumbai from Ludhiana. Sunil Mittal was used to sit on low stools in small cubicles in Pydhonie and Abdul Rehman Street, trying to persuade traders to buy his sheets.
- Bombay Experience taught Sunil 2 things. First, that he was a natural salesman and Second, that he had to get out of Ludhiana. He needed to move to Mumbai, a big city to think big and to take bog actions in his life.
- In 1979, Sunil moved to small MP’s flat that his father had been allotted in Delhi. At a time when everybody dreamed of being an exporter, Sunil moved into imports instead. He made huge profits importing steel and zip