Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
Bharti Airtel Ltd., India’s largest mobile-phone operator, will sell a 5 percent stake to the Qatar Foundation Endowment for $1.26 billion after the carrier posted quarterly profit that missed estimates.
Sunil Mittal, the billionaire chairman of India’s largest mobile-phone operator Bharti Airtel Ltd., said telecommunications companies are unfairly taxed in Nigeria because the industry supports other areas of the economy.
Bharti Airtel Ltd., India’s largest mobile-phone operator, reported fourth-quarter profit fell 8 percent after the nation’s phone companies cut prices to compete in the world’s second-largest wireless market.