Quick Facts
Quick Facts | Details |
---|---|
Full Name | Lakshmi Niwas Mittal |
Date of Birth | June 15, 1950 |
Place of Birth | Sadulpur, Rajasthan, India |
Citizenship | Indian |
Education | St. Xavier’s College, Kolkata (B.Com.) |
Occupation(s) | Chairman of ArcelorMittal & Aperam |
Owner | Karrick Limited |
Co-owner | Queens Park Rangers F.C. |
Known For | Steel magnate, “King of Steel” |
Board Member of | Goldman Sachs |
Spouse | Usha Mittal |
Children | 2, including Aditya Mittal |
Relatives | Pramod Mittal (brother) |
Awards | Padma Vibhushan (2008) |
Net Worth | Approximately $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.