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Billionaire Profile
Rakesh Mittal
Global Rank
#454

Image: Richter Frank-Jurgen | CC BY-SA 2.0 | via Wikimedia Commons

Rakesh Mittal

CEO, Telecom
Delhi, India
Real-Time Net Worth
$8.48B
Estimated based on Telecom stock value as of September 10, 2026
-1.15% (24h)
Age
70
Source
Telecom
Industry
Telecom
Citizenship
India

Biography

Rakesh Mittal is a prominent Indian billionaire with an estimated net worth of $8.75 billion as of March 25, 2026. His wealth stems primarily from his involvement in the telecom industry through Bharti Enterprises and his role as a non-executive director at Bharti Airtel. Mittal, 70, is recognized for his strategic investments and leadership in the telecommunications sector, which has transformed India's digital landscape. He is also known for his philanthropic contributions, particularly in education through the Bharti Foundation, which has invested in numerous schools and educational programs.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$8.48B
2025$9.30B
2024$9.20B
2020$3.20B

Portfolio Holdings

Bharti Airtel

Bharti Airtel

BHARTIARTL.NS•Telecom
Market Cap
$118B
Stock Price
$19.32
Revenue
$21.6B
New Delhi, India
85,454 employees
Founded 1995

In-Depth Profile

Early Life and Education

While specific details about Rakesh Mittal's early life are not widely publicized, he was born into the Mittal family in India. He holds a Bachelor of Commerce degree from Panjab University.

Rise to Success

Rakesh Mittal's career has been closely linked with the growth of Bharti Enterprises and Bharti Airtel. His involvement with Bharti Airtel includes strategic decisions and investments. Bharti Airtel, under the leadership of his brother, Sunil Bharti Mittal, has become a leading mobile network operator.

Key Business Strategies

Rakesh Mittal has played a role in the expansion of Bharti Airtel's network across India and internationally, including acquisitions in Sri Lanka and Africa. His focus has been on strategic management practices and partnerships to ensure efficient operations.

Philanthropy

Rakesh Mittal and his family are deeply involved in philanthropy through the Bharti Foundation. The Bharti Foundation was established in 2000 with a vision to help underprivileged children and young people in India realize their potential. The Foundation focuses on education and supports programs to improve sanitation and provide legal assistance. The family has pledged a significant amount of philanthropic capital to establish Satya Bharti University, which will focus on AI, robotics, and offer subsidized education.

Career Milestones

1995

Co-founded Bharti Airtel

Played a key role in the founding and growth of Bharti Airtel, a leading telecommunications company in India.

2000

Bharti Foundation Established

Instrumental in the creation of the Bharti Foundation, the philanthropic arm of Bharti Enterprises, focusing on education and social initiatives.

Philanthropy & Social Impact

Education

Satya Bharti School Program

$XB

Initiative focused on providing quality education to underprivileged children in rural India, with a special emphasis on the girl child.

Education

Satya Bharti University

$1.4B

Pledge to create a new university with a focus on artificial intelligence, robotics, and virtual reality, offering subsidized education to underprivileged students.

Business Philosophy & Leadership

Notable Quotes

"Giving back to society should be an obligation."

Billionaires Connected to Rakesh Mittal

Peers in Telecom

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Richest in India

All billionaires from India →

Adjacent Global Ranks

Full global ranking →

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Frequently Asked Questions

What is Rakesh Mittal's net worth in 2026?
As of 2026, Rakesh Mittal's estimated net worth is $8.484 billion, ranking #454 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Rakesh Mittal make their money?
Rakesh Mittal's wealth primarily comes from Telecom, most notably through Telecom.
Where is Rakesh Mittal from?
Rakesh Mittal is from India.
How old is Rakesh Mittal?
Rakesh Mittal is 70 years old.

Sources & References

Citations for this profile have not been published yet. Net worth figures here are estimates and should not be treated as verified. See our methodology for how these estimates are produced, or report a correction.