Lakshmi Narayan Mittal is an Indian steel magnate who is the CEO and chairman of ArcelorMittal, the world's largest steelmaking company. Born on June 15, 1950 in Sadulpur, Rajasthan, India, Mittal was the son of a steel trader and grew up in a small village in the northern part of the country. Despite his humble beginnings, he would go on to become one of the wealthiest and most influential business leaders in the world.
Mittal began his career in the steel industry at a young age, working for his father's steel trading company in Indonesia. In 1976, he established his own company, Mittal Steel, which quickly grew to become one of the leading steel producers in the world. Under his leadership, the company expanded its operations to countries around the globe, including the United States, Canada, Europe, and Africa.
In 2006, Mittal made headlines when he completed the largest ever acquisition in the steel industry, merging his company with Arcelor, a European steel company, to form ArcelorMittal. The combined company became the world's largest steel producer, with operations in more than 60 countries.
Mittal has been recognized for his business acumen and philanthropic efforts. In 2004, he was named "Business Person of the Year" by Forbes Magazine and was ranked as the fifth richest person in the world. He has also received numerous awards for his charitable work, including the Carnegie Medal of Philanthropy and the Woodrow Wilson Award for Corporate Citizenship.
In addition to his work in the steel industry, Mittal has also served on the board of directors for a number of prominent organizations, including the World Steel Association and the International Cricket Council. He is also a member of the Board of Directors of Goldman Sachs and the Courtauld Institute of Art.
Despite his many successes, Mittal has faced criticism and controversy throughout his career. In 2002, he was accused of bribing officials in Romania to secure a steel mill for his company. He was also criticized for his role in the 2002 closure of a steel plant in the United Kingdom, which resulted in the loss of thousands of jobs.
Despite these challenges, Mittal has remained one of the most successful and influential figures in the steel industry. His dedication to innovation and excellence has made him a role model for aspiring business leaders around the world.
Lakshmi Mittal Biography
He graduated from St. He studied at Shri Daulatram Nopany Vidyalaya, Calcutta from 1957 to 1964. He is having two brothers, Pramod Mittal and Vinod Mittal, and a sister, Seema Lohia, who is married to an Indonesian businessman Sri Prakash Lohia. In 2008, he awarded Abhinav Bindra Rs. Mittal used to sleep on mats and floor in his childhood because his house was very small to accommodate himself and the other twenty-five members staying in his home. Ranked as the sixth richest man in 2011, he became known as the CEO and chairman of ArcelorMittal, the largest steelmaking company in the world. He also owned Karrick Limited and was co-owner of the Queens Park Rangers F.
Xavier's College, affiliated to the University of Calcutta, with a B. The newspaper accounts also revealed that Mittal had donated heavily to Labour Party coffers earlier that year, and the incident was portrayed as a cash-for-favor deal between Mittal and Blair's party. On 19 February 2010, Briatore resigned as chairman of QPR and sold further shares in the club to Ecclestone, making Ecclestone the largest single shareholder. Pandemic COVID-19 In 2020, during the COVID-19 epidemic in India, he gave the PM Cares Fund 100 crores. Retrieved 21 July 2014. In 2005, Forbes ranked Mittal as the third-richest person in the world, making him the first Indian citizen to be ranked in the top ten in the publication's annual list of the world's richest people. According to the Sunday Times Rich List 2016, Mittal and his family had an estimated personal net worth of £7.
Lakshmi Mittal Net Worth, Age, Height, Weight, Wife, Wiki, Family 2022
Favourite Things Favourite Food s Butter Chicken and Paneer With Butter Favourite Colour Blue Favourite Sport s Football, Cricket, Racing Favourite Restaurant Bali Restaurant Favourite Destination s St. Mittal's net worth peaked in 2008, assessed by The Sunday Times at £27. He spent more than a decade learning how to run it efficiently. Mittal has also been a member of the board of directors of Goldman Sachs since 2008. He was born on September 2,1950, Rajgarh, India. The Sunday Times at £27.
Retrieved 20 December 2007. The height of Lakshmi Mittal is None. Retrieved 10 June 2016. Retrieved 21 July 2014. Retrieved 21 July 2014. Mittal, married and the father of two, moved his family to London in 1995. Also learn how He earned most of networth at the age of 72 years old? He is the eldest of his brothers who are Pramod Mittal and Vinod Mittal, and a sister named Seema Lohia.
Retrieved 7 September 2010. His success mantra lies in the identification, acquisition and turnaround of many loss-making steel companies all across the world. The Polish government declared in March 2007 that it sought to renegotiate the 2004 sale to ArcelorMittal. People are going to look at you and draw inspiration from you. Between 2004 and 2005, he took over plants in Romania, the Czech Republic and Poland. In 2006—07, he was securing a hostile takeover bid forArcelor, which he was renaming Arcelor Mittal. Steel from ArcelorMittal was also used to build the ArcelorMittal Orbit for the 2012 Summer Olympics.
Lakshmi Mittal (born June 15, 1950), British Businessman
By 1969, Mittal had earned a degree in accounting from St. In 2003, Lakshmi Niwas Mittal, the Usha Mittal Foundation and the Government of Rajasthan partnered to establish a university, the LNM Institute of Information Technology LNMIIT in Jaipur as an autonomous non-profit organization. In December 2013, Mittal's niece Shrishti Mittal got married in a three-day celebration that is said to have brought Barcelona to a standstill and cost up to £50 million. The Irish government requested a ruling from the High Court. What is the income source of Lakshmi Mittal? Mittal also owns the most expensive private residence in London, a mansion at Kensington Palace Gardens.
It was all because of the dedication, and it was all the problems that he faced during the time of his childhood that gave him a push, and he is so successful today. Conclusion So that's all we have about Lakshmi Mittal's net worth, bio, wiki, biography, height, weight, awards, facts, sibling, awards and other information. Lakshmi has no involvement in the family firm, which is currently operated by his younger brothers Pramod Mittal and Vinod Mittal and includes a sizable integrated steel factory close to Mumbai. Learn How rich is He in this year and how He spends money? Lakshmi Mittal's actual age is 72 and his birthday is on 15-Jun-1950. His wife is Usha Mittal Family Parents Not Available Wife Usha Mittal Sibling Not Available Children Vanisha Mittal, Aditya Mittal Lakshmi Mittal Net Worth His net worth has been growing significantly in 2021-2022. He belonged to a joint family and lived in a house built by his grandfather.
Lakshmi Mittal : Biography, Profile, Family, About Brand and Achievements
Retrieved 21 July 2014. He used a similar formula for success in a series of acquisitions all around the world, purchasing failing mostly state-run outfits and sending in special management teams to reorganize the businesses. In the follow-up, Ispat Tepro took the place of Petrotub Roman. Usha is the wife he has. According to the various source, there is an approximate asset that is net worth. Retrieved 21 March 2015.
Professional Career Lakshmi Niwas Mittal has been inclined towards the business sector since early. Kisah sukses Lakshmi Mittal, dari Surabaya ke London: Rahasia Bisnis Orang Asia Terkaya di Dunia in Indonesian. Want to more about Him? He used a similar formula for success in a series of acquisitions all around the world, purchasing failing mostly state-run outfits and sending in special management teams to reorganize the businesses. He sits on the World Steel Association's executive committee, and is a member of the Global CEO Council of the Chinese People's Association for Friendship with Foreign Countries, the Foreign Investment Council in Kazakhstan, the World Economic Forum's International Business Council, and the European Round Table of Industrialists. Founder of Mittal Steel Co.
Lakshmi Mittal: Life & Lessons from Sultan of Steel, Career, Net Worth
As you are curious to know about Lakshmi Mittal. The physical condition of Lakshmi Mittal is good. When is Lakshmi Mittal's next birthday? Retrieved 20 May 2020. He bought his residence at 18-19 Kensington Palace Gardens from Formula One car racing boss Bernie Ecclestone in 2004 for 57. With the collapse of the Soviet Union in 1989, he recognized new opportunities for his company, because the heavily industrialized Eastern Bloc boasted many immense steel mills. Who is the Girlfriend of Lakshmi Mittal? The ambitious 26-year-old young man had transformed a family business into a global steel giant, spanning across 14 countries and employing more than 150,000 people.