Lakshmi Mittal Wiki: On June 15, 1950, Lakshmi Mittal, an Indian steel tycoon with a UK foundation, was born. He is the Chairman of Aperam, a company that makes stainless steel, as well as the Executive Chairman of ArcelorMittal, the largest steel producer in the world. Mittal owns 38% of ArcelorMittal and a 20% stake in the EFL Championship’s Queens Park Rangers. When Mittal was ranked as the third-richest person in the world in 2005, he became the first Indian to be included among the top ten on Forbes’ annual list of the world’s wealthiest people.
He was ranked sixth richest in the world by Forbes in 2011, but in March 2015, he dropped to 82nd. He is also the “57th-most powerful person” among the 72 people on Forbes’ 2015 “Most Powerful People” list. His daughter Vanisha Mittal’s wedding cost the second most money in history. Mittal has served on the board of directors of Goldman Sachs since 2008.
Lakshmi Mittal Wiki
He is a member of the European Round Table of Industrialists, the Kazakhstan Foreign Investment Council, the Global CEO Council of the Chinese People’s Association for Friendship with Foreign Countries, and the International Business Council of the World Economic Forum, in addition to serving on the executive committee of the World Steel Association. Additionally, he is a member of the Cleveland Clinic’s board of trustees.
In 2005, he was named “International Newsmaker of the Year 2006” by Time magazine, “Business Person of 2006” by The Sunday Times, and “Person of the Year” by The Financial Times. Time magazine included him in its 2007 list of the “Time 100.” He was ranked as the sixth richest person in India by Forbes in 2021, with a net worth of 14.9 billion US dollars.
Indian steel magnate Lakshmi Mittal is based in the United Kingdom. He also serves as Chairman of Aperam, a producer of stainless steel, and the Executive Chairman of ArcelorMittal, the largest steelmaking company in the world. Mittal owns 38% of ArcelorMittal and a 20% stake in Queens Park Rangers, a team in the EFL Championship.
Lakshmi Mittal Wiki Details
Full Name | Lakshmi Narayan Mittal |
Nickname | King of Steel |
Date of Birth | 15 June 1950 |
College | St. Xavier’s College (Autonomous) – Kolkata, University of Calcutta |
Profession | Businessperson, Entrepreneur |
Category | Wiki |
Official Instagram id | www.instagram.com/lakshmimittal |
Lakshmi Mittal Biodata
Age | 73 years (as in 2025) |
Religion | Hinduism |
Sun Sign/Zodiac Sign | Gemini |
Birth Place | Sadulpur |
Date of Birth | 15 June 1950 |
Nationality | Indian |
Hobbies | Grand Prix Event attending |
Physical Appearance
Height (Approx.) | 5 feet 9 inches |
Weight (Approx.) | 70 kgs |
Extra Ordinary Features | |
Race / Ethnicity | Indian |
Hair Color | Black |
Eye Color | Black |
S*xual Orientation | Straight |
Check Also: Rakhi Sawant wiki biography, Age, Height
Lakshmi Mittal Educational Qualification
School | NA |
College/University | St. Xavier’s College (Autonomous) – Kolkata, University of Calcutta (State University) |
Profession | Businessperson, Entrepreneur |
Lakshmi Mittal’s Family Detail
Mother’s Name | Geeta Mittal |
Father’s Name | Mohan Mittal |
Brother | Pramod Mittal , Vinod Mittal |
Sister | Seema Lohia |
Marital Status And More
Wife/Spouse | Usha Mittal |
Children | Aditya Mittal Vanisha Mittal |
Career
Mittal purchased the state-owned steelworks of Trinidad and Tobago in 1989, which were losing a lot of money. He turned them into profitable businesses in a year. Up until the 1990s, the family’s primary assets in India were a cold-rolling mill for sheet steel in Nagpur and an alloy steel facility near Pune. Lakshmi is not a part of the family business, which is currently run by his younger brothers Vinod and Pramod Mittal and includes a large integrated steel factory close to Mumbai. Lakshmi has no say in the business. Mittal purchased the Irish Steel facility in Cork, Ireland, from the government in 1995 for a pittance of just one Irish pound.
Check Also: Vikram Batra Wiki Biography, Age, Height
It closed in 2001, six years after opening, displacing approximately 400 employees. Criticism has been directed at the site for environmental issues that have since emerged. The Irish government tried to get the High Court to rule that Mittal’s company should pay for cleaning Cork Harbour, but it was unsuccessful. The cleanup was estimated to cost €70 million. Mittal rebranded Ispat Mexicana and Ispat Karmet, his Kazakhstani business, prior to December 2001. Ispat Sidex became the new name he gave to Sidex Galati, which he had purchased in November 2001.
The LNM Group successfully completed the 155 million US Doller transaction to free the Romanian government from control of the steel assets Siderurgica Hunedoara and Petrotub Roman the day after acquiring the PHS Steel Group from the Polish government, which included Huta Sendzimira, Huta Katowice, Huta Florian, and Huta Cedler. In 2006–2007, Mittal successfully attempted a hostile takeover of Arcelor, resulting in the company’s rebranding as Arcelor Mittal. He became the owner of several steel companies as a result of this, including Usinor in France, Arbed in Luxembourg, and Aceralia in Spain.
Lakshmi Mittal Favorite Things
Favourite Food | South Indian Cuisine |
Favourite Book | Not Known |
Favourite Colors | Red |
Favourite Sport | Football and Cricket |
Controversies | Lakshmi Mittal cash for incluence controversy |
Net Worth
Estimated Net Worth in 2025 (Approx) | 17.4 Billion US Doller |
Estimated Net Worth in 2022 (Approx) | 17.9 Billion US Doller |
Estimated Net Worth in 2021 (Approx) | 14.9 Billion US Doller |
Estimated Net Worth in 2020 (Approx) | 7.4 Billion US Doller |
Annual Salary | 4 Billion US Doller |
Lakshmi Mittal Social Media Accounts
Related Posts:-
Vivek Dahiya Wiki, Biography, Age, Height, Weight
Saurabh Shukla Wiki Biography, Age, Height