Meet Rajan Mittal, enterprise tycoon Sunil Mittal’s lesser-known brother, additionally a billionaire; his web value is… | Photo: Wikimedia CC
Sunil Mittal is the general public face of the Rs 4.5 lakh crore market cap Bharti Airtel. But the telecom sector success story was scripted by not one particular person however three brothers hailing from Ludhiana in Punjab. Rajan Mittal is the youngest of them, occupying the place of Vice Chairman at Bharti Enterprises.
The lesser-known enterprise tycoon is himself a billionaire with formidable fortune. 63-year-old Rajan Mittal’s web value stands at round two billion {dollars} lower than his well-known brother, at $4.1 billion {dollars} (over Rs 33,670 crore), as of May 2023.
A primary-generation entrepreneur, Rajan Mittal pursued commencement from the Punjab University. Rajan established the long run multi-billion greenback enterprise, Bharti Enterprises, alongside along with his brothers Sunil and Rakesh. The firm began off making elements for bicycles after which import enterprise. They then ventured into the telecom house in 1984 bringing landline telephones with push buttons to India.
1992 marked most likely the most important turning level as their firm bagged a cellular license from the Indian authorities and launched cellular telephone enterprise. Rajan was the one who went to Sanchar Bhawan in Delhi to submit the Airtel bid which consisted of “two tempo loads of boxes”, Sunil Mittal had as soon as revealed. In 2008, Rajan Mittal was elevated to the place of vice-chairman and took on the duty of Bharti’s realty, money and carry and retail companies.
Rajan is actively concerned within the enterprise operations of the conglomerate which isn’t solely into telecom enterprise however has different pursuits like Digital Solutions, Financial Services, Real Estate and Space Communications. He is an alumnus of the celebrated Harvard Business School. Rajan Mittal is married and has two sons.
