Sunil Mittal entered into the top 10 Richest Indian list his net worth is rising because of Airtel stock hits new high

Sunil Mittal: There has been a big change in the list of rich people of the country. Due to the tremendous rise in the shares of Bharti Airtel, Sunil Mittal has joined the top 10 richest Indians of the country. He has excluded Lakshmi Mittal from this list. The year 2024 has been great so far for Sunil Mittal and his family. His wealth has increased by approximately $3.8 billion since January 2024. On the other hand, the wealth of steel tycoon and ArcelorMittal chairman Lakshmi Mittal has decreased by about $ 1 billion in the same period.

KP Singh and Kumar Mangalam Birla were also left behind

According to Bloomberg report, shares of Bharti Airtel have gone up by almost 70 percent in the last one year. Due to this, Sunil Mittal's net worth has become 19.7 billion dollars. Now he has come at number 10 in the list of top 10 rich people of India. According to Bloomberg Billionaires Index, Sunil Mittal was at number 13 in this list at the beginning of this year. But, his net worth grew so fast that in the first four months of the year, he surpassed DLF Limited CEO KP Singh and Aditya Birla Group Chairman Kumar Mangalam Birla. Was also left behind.

Airtel shares had touched the highest level of 52 weeks

Bharti Enterprises Chairman Sunil Bharti Mittal holds 28 percent stake in Bharti Airtel. Apart from this, he also has 70 percent stake in recently listed mobile services provider Bharti Hexacom. The valuation of Bharti Hexacom was estimated at around $6 billion on Friday. The valuation of Bharti Airtel has been estimated at $91.84 billion. At present, only Reliance Industries, TCS and HDFC Bank in the country have higher valuation than this. Shares of Bharti Airtel closed at Rs 1289, up 1.84 per cent on NSE on Friday. Before that, the company's shares had also touched its 52-week high of Rs 1296.50.