Sunil Bharti Mittal
Rank: No 6
Company: Bharti Airtel Limited
Designation: Chairman and managing director
Compensation: Rs 19.55 crore (Rs 195.5 million)
Bharti Airtel market cap: Rs 120,725.42 crore (Rs 1,207.25 billion)
About: Mittal was 18 when he founded Bharti in 1976 with Rs 20,000 he borrowed from his politician father. His first business was making crankshafts for local bicycle manufacturers. He dabbled in different business after he moved to Mumbai, including establishing the first company to manufacture push button telephones in India.
He was one of the earliest to identify the mobile telecom business as a major growth area and launched services in the city of Delhi. Bharti Airtel, which he founded in 1995 with his two brothers and in which the family maintains a dominant stake, has over 88 million subscribers.
Mittal was honoured with the Padma Bhushan in 2007. His Forbes rankings include fourth richest Indian, no 9 in the list of world's wealthiest CEOs and no 64 in the list of world's billionaires.
Image: Sunil Bharti Mittal | Photograph: Tim Chong/Reuters
Also read: Why India's top cities matter
| Live updates on money.rediff.com |
|