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Sunil Mittal



Sunil Bharti Mittal (born 23 October 1957) is an Indian Billionaire entrepreneurphilanthropist and the Founder & Chairman of Bharti Enterprises, which has diversified interests in telecom, insurance, real estate, malls, hospitality, agri and food besides other ventures. Bharti Airtel, the group's flagship company is the world's third largest and India's largest telecom company with operations in 18 countries across Asia and Africa with a customer base of over 372 million.[5] Bharti Airtel clocked revenues of over USD 14.75 billion in FY2016. He is listed as the 8th Richest person in India by Forbes with a Net worth of $7 Billion.



Childhood & Early Life
·    Sunil Bharti Mittal was born in Punjabi family. His father, Sat Paul Mittal, had been the Member of Parliament, Rajya Sabha (Indian National Congress) from Ludhiana, Punjab, he was elected from Punjab for two terms (1976 & 1982) and nominated to the Rajya Sabha once (1988).
·    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.[9] His father died of cardiac arrest in 1992.
Career
·    A first-generation entrepreneur, Sunil started his first business in April 1976 at the age of 18, with a capital investment of 20,000 (US$310) borrowed from his father. His first business was to make crankshafts for local bicycle manufacturers.
·    In 1980, he along with his brothers Rakesh Bharti Mittal and Rajan Bharti Mittal started an Import Enterprise named Bharti Overseas Trading Company. He sold his bicycle parts and yarn factories and moved to Mumbai. In 1981, he purchased importing licences 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.
·    In 2012, Mittal took Bharti Infratel public with an initial IPO that raised $760 million. Mittal noted that the sale, considered by many to be only a modest success, was a “strong endorsement from qualified investors”. The board was restructured ahead of the IPO with Mittal remaining as Chairman and Managing Director. After the IPO, shares of Bharti Infratel dropped sharply at the commencement of trading.
·    In 2013, Mittal was ordered to appear before a special Delhi court to answer questions about the additional allocation of airwaves to certain companies. Allegations against Mittal state that there had been collusion with key telecoms officials in the government to illegally secure an extra spectrum. No charges were issued against Mittal, however the trial court judge noted that there was enough material on record to proceed.
·    In 2015, Sunil Mittal announced that he would be joining the board of Oneweb, a space internet company. Mittal was one of the investors in a $500 million investment round that included Coca-Cola, Virgin and Qualcomm.
·    In 2016, Mittal made changes at Bharti Airtel to enable the company to compete against the launch of Reliance Jio Infocomm Ltd. in the race to become India’s largest telecoms company.
·    In 2017, Mittal announced that Bharti Airtel would be “declaring war on roaming” by scrapping charges for outgoing and incoming calls within India as well as international roaming charges.

Major Work
·   Chairman, GSM Association, 2016-18 
·   Chairman, International Chamber of Commerce (ICC)
·   Member, Telecom Board of International Telecommunication Union (ITU), the leading UN agency for Information and Communication Technology
Commissioner, Broadband Commission for Sustainable Digital Development at ITU
·   Chair, World Economic Forum's Telecommunications Steering Committee
·   Member, International Business Council, World Economic Forum
·   Member, Board of Directors, Qatar Foundation Endowment
·   Member, Board of Directors, SoftBank Corp. (2011 – 2013)
·   Member, Board of Directors, Unilever PLC and Unilever NV (2011 – 2013)
·   Member, International Advisory Committee to the Board of Directors, NYSE Euronext (2008- 2011)
·   Member, Board of Directors, Standard Chartered Bank Plc (2007 - 2009)
·   Member, Board of Directors, Hero Honda Motors (2006 - 2009)
·   President, Confederation of Indian Industry (CII) (2007 - 2008)
·   Co-chairman, Annual Meeting, World Economic Forum, Davos (2007)
·   Member, Board of Global GSM Association (2003 - 2007)

Awards & Achievements
·   In 2007, he was awarded the Padma Bhushan, India's third highest civilian honor. On June 15, 2016, he was elected as Chairman of the International Chamber of Commerce.
·   Padma BhushanGovernment of India, 2007
·   Transforming India Leader, NDTV Business Leader Awards
·   GSM Association's Chairman's Award, 2008
·   Asia Businessman of the Year, Fortune Magazine, 2006
·   Telecom Person of the Year, Voice & Data magazine (India), 2006
·   CEO of the year, Frost and Sullivan Asia Pacific ICT awards, 2006
·   CEO of the year, 2005–06, Business Standard
·   Best Asian Telecom CEO, Telecom Asia Awards, 2005
·   Best C.E.O, India, Institutional Investor, 2005
·   Business Leader Of The Year, Economic Times, 2005
·   Philanthropist of the Year Award, The Asian Awards, 2010
·   INSEAD Business Leader Award, 2011 
·   Honoris Causa Doctorate of Sciences (D.Sc.) Degree, Amity University Gurgaon, 2016

Personal Life & Legacy
·   Mittal has also been working towards educating India through the Bharti Foundation, which is the philanthropic arm of Bharti Enterprises. The Foundation has established schools in villages across India and offers free quality education with free books, uniform and mid day meals to poor children.
·   Satya Bharti School Program' - the Foundation's flagship program is running 254 schools in six States serving over 43,000 rural children, free of cost. The other educational initiatives including the – Satya Bharti School, Quality Support and Learning Centre Programs, are currently reaching out to over 1,24,000 underprivileged children in 11 states. Two more Programs of the Foundation making considerable impact among the underprivileged sections are – 'Satya Bharti Abhiyan' (Sanitation) and 'Nyaya Bharti' (Legal aid).


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