Businessman

Lakshmi Mittal

Quick Facts

Quick FactsDetails
Full NameLakshmi Niwas Mittal
Date of BirthJune 15, 1950
Place of BirthSadulpur, Rajasthan, India
CitizenshipIndian
EducationSt. Xavier’s College, Kolkata (B.Com.)
Occupation(s)Chairman of ArcelorMittal & Aperam
OwnerKarrick Limited
Co-ownerQueens Park Rangers F.C.
Known ForSteel magnate, “King of Steel”
Board Member ofGoldman Sachs
SpouseUsha Mittal
Children2, including Aditya Mittal
RelativesPramod Mittal (brother)
AwardsPadma Vibhushan (2008)
Net WorthApproximately $16.5 billion
Early Business Ventures– Founded PT Ispat Indo in Indonesia (1976)
– Environmental issues at the Irish Steel plant
Significant Acquisitions– Acquired state-owned steel works in Trinidad and Tobago
– Purchased Irish Steel plant in Cork, Ireland (1995)
– Acquired Sidex Galati in Romania (2001)
– Acquired PHS Steel Group in Poland (2003)
Controversies– Environmental issues at Irish Steel plant
– Accusations of poor working conditions in Kazakhstan mines
Major Achievements– Hostile takeover of Arcelor (2006-07)
Philanthropy and Community Work– Member of various international councils and boards
– Board of Trustees of the Cleveland Clinic
Recognition– Business Person of the Year (2006) by The Sunday Times
– Person of the Year (2006) by Financial Times
– International Newsmaker of the Year (2006) by Time magazine
– Included in Time 100 list (2007)
Early Life– Born in a Marwari Hindu family
– Father, Mohanlal Mittal, ran Nippon Denro Ispat
– Graduated from St. Xavier’s College, Kolkata
Miscellaneous– Known for turning loss-making enterprises into profitable ventures

Lakshmi Mittal Net Worth

Lakshmi Mittal net worth is approximately 16.5 billion USD.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also
Close
Back to top button