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’s Mittal Net Worth And Social Work
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. Disclaimer The info about Lakshmi Mittal's net worth, wiki, bio, career, height, weight, family, affairs, car, salary, age, and other details are based on Wikipedia, IMDb, Forbes, Instagram, and Facebook of Lakshmi Mittal. Mittal purchased the Irish Steel plant based in Cork, Ireland, from the government for a nominal fee of £1million. He is one of the richest Lakshmi Mittal Biography He was born into a family from Marwadi. His success mantra lies in the identification, acquisition and turnaround of many loss-making steel companies all across the world. Mittal worked at the mill while studying at St. Also learn how He earned most of networth at the age of 72 years old? 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 Mittal : Biography, Profile, Family, About Brand and Achievements
Retrieved 5 July 2017. In doing so, it gained control of, among others, the steel assets ofUsinor inFrance, the steel assets ofArbed inLuxembourg and the steel assets ofAceralia inSpain. Personal Life: Dating, Girlfriends, Wife, Kids Mittal is a philanthropist and spends quite some time in charity work. LakshmiNiwasMittal was born June 15, 1950 and he is anIndiansteeltycoon, based in theUnited Kingdom. He founded Mittal Steel in 1976, which soon became a global steel producer with operations on 14 countries. Born Lakshmi Niwas Mittal, June 15, 1950, in Sadulpur, Rajasthan, India; son of Mohan a steel company manager Mittal; married Usha; children: Aditya son , Vanisha daughter. Xavier's College West Bengal.
Lakshmi Mittal (born June 15, 1950), British Businessman
Retrieved 21 July 2014. He was honored with the Forbes Lifetime Achievement Award in 2008 and was awarded the European Businessman of the Year award in 2004. In March 2007, the Polish government was saying that it wanted to renegotiate the 2004 sale to ArcelorMittal. Amit Bhatia, the son-in-law of Mittal, joined the board of directors as a result of the investment The joint investment in the faltering club led to rumours that Mittal may be seeking to join the rising group of affluent people who are massively investing in English football and modelling themselves after comparable benefactors like Roman Abramovich. The Irish government sought a High Court ruling that his company should contribute to the cost of cleaning up Cork Harbour, but was unsuccessful. Usha is the wife he has. Retrieved 25 January 2022.
As we do not have all data currently, we keep some fields blank which we will update soon. By 1969, Mittal had earned a degree in accounting from St. He was completing his primary and secondary school from Nopany High formerly known as Shri Daulatram Nopany Vidyalaya. Two years later Mittal oversaw another merger when Mittal Steel joined with Arcelor to form ArcelorMittal. He was 26 years-old when he opened his first steel factory. Retrieved 13 November 2020.
Lakshmi Mittal age, height, weight, net worth 2022, wife, kids, gay, girlfriend, biography, wiki
He is a lacto-vegetarian. In 1976, due to the curb of steel production by the Indian government, the 26-year-old Mittal opened his first steel factory PT Ispat Indo in Sidoarjo, East Java, Indonesia. In 1976, due to the Indian government curbing steel production, the 26-year-old Mittal opened his firstPT Ispat Indosteel mill in Sidoarjo, East Java, Indonesia. We can say that without any kind of hesitations or obligations. So, how much is Lakshmi Mittal worth at the age of 72 years old? 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. A year later that facility had doubled its output and had become profitable. With a staggering fortune of over USD 38.
In this section, we discussed his height-weight along with eyes and hair colors. He spent more than a decade learning how to run it efficiently. We hope you get the information about Lakshmi Mittal. He graduated from St. In his past career Mr. Also, he is very passionate about support culture in Indian sports and donates a huge amount of money to aspiring Indian athletes.
In January 2021, Mittal ceded the CEO's position to his son, Aditya Mittal, but remains executive chairman of ArcelorMittal. Mittal's net worth peaked in 2008, assessed by The Sunday Times at £27. 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. He eats just vegetarian food. Petrotub Roman was renamed Ispat Tepro in the sequel.
Lakshmi Mittal Net Worth, Age, Height, Weight, Wife, Wiki, Family 2022
Other photo of Lakshmi Mittal 2018 Kolkata,India Mamata Banerjee Chief Minister of West Bengal along Lakshmi Mittal, CEO of ArcelorMittal Lakshmi Niwas Mittal, is an Indian steel magnate, based in the United Kingdom, Sajjan Jindal Chairman, Managing Director of JSW Group of companies at the Bengal Global Business Summit. Lakshmi Mittal Personal life and Family In a Rajasthani Marwari household in Sadulpur, Rajasthan, Mittal was born on June 15, 1950. Admission into the Xavier college initially was hard for Mittal as his application was rejected because Mittal had studied in a Hindi medium school. Lakshmi Mittal Education The LNM Institute of Information Technology LNMIIT was founded in 2003 as an independent non-profit organisation by the Lakshmi Niwas Mittal, Usha Mittal Foundation, and the Government of Rajasthan. Views Quotations:"When people can see which direction the leaders are going in it becomes easier to motivate them.
Background Education Lakshmi graduated from St. . In this article, we covered Lakshmi Mittal's net worth, wiki, bio, career, height, weight, pics, family, affairs, car, salary, age, facts, and other details in 2022. Marble from the same quarry that provided marble for the Taj Mahal is used to embellish the home. In a rare interview with Nelson D. Office —Mittal Steel Co.
Lakshmi Mittal Net Worth, Bio, Age, Wiki, Height & Zodiac
Most of his revenue is generated through Arcelor Mittal one of his companies. Schwartz in Fortune , Mittal remembered a business trip to the United States back in the early 1990s, when he met several leading steel-company executives. Although demand for steel remained high, smaller steel companies had been unable to strike competitive deals with their major clients, notably automakers and appliance manufacturers. Mittal owns 38% of ArcelorMittal and holds an 20% stake in Queens Park Rangers F. So let's get started. Is Lakshmi Niwas Mittal Gay? Marital Status Yet to update Lakshmi Mittal Educational Qualifications Do you want to know what is the educational qualifications of Lakshmi Mittal? Retrieved 7 June 2021. He changed the name of Sidex Galati, which he had bought in November 2001, to Ispat Sidex in that month.