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Lakshmi Mittal
Lakshmi Mittal | |
|---|---|
 Mittal in 2013 | |
| Born | 15 June 1950[1][2] |
| Citizenship | Indian[3] |
| Alma mater | St. Xavier's College, Kolkata, (B.Com.)[1] |
| Occupation(s) | Chairman of ArcelorMittal & Aperam Owner of Karrick Limited[4] Co-owner of Queens Park Rangers F.C. |
| Known for | Steel magnate King of Steel [5] |
| Board member of | Goldman Sachs |
| Spouse | Usha Mittal |
| Children | 2, including Aditya Mittal |
| Relatives | Pramod Mittal (brother) |
| Family | Mittal family |
| Awards | Padma Vibhushan (2008)[6] |
Lakshmi Niwas Mittal (Hindi: [ˈləkʃmi nɪˈʋaːs ˈmɪtːəl] ⓘ; born 15 June 1950 in Sadulpur,[7] Rajasthan, India) is an Indian-born British steel magnate,[8] based in the United Kingdom. He is the executive chairman of ArcelorMittal, the world's second largest steelmaking company,[9] as well as chairman of stainless steel manufacturer Aperam.[10] Mittal owns 38% of ArcelorMittal and holds a 3% stake in EFL Championship side Queens Park Rangers.[11]
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.[12][13] He was ranked the sixth-richest person in the world by Forbes in 2011, but dropped to 82nd place in March 2015,[14] and only to 130th by October 2024.[15] He is also the "57th-most powerful person" of the 72 individuals named in Forbes' "Most Powerful People" list for 2015.[16] His daughter Vanisha Mittal's wedding (in 2005) was the second-most expensive in recorded history.[17]
Mittal has been a member of the board of directors of Goldman Sachs since 2008.[18] He sits on the World Steel Association's executive committee,[19] and is a member of the Global CEO Council of the Chinese People's Association for Friendship with Foreign Countries,[19] the Foreign Investment Council in Kazakhstan,[19] the World Economic Forum's International Business Council,[19] and the European Round Table of Industrialists.[19] He is also a member of the board of trustees of the Cleveland Clinic.[19]
In 2005, The Sunday Times named him "Business Person of 2006", the Financial Times named him "Person of the Year", and Time magazine named him "International Newsmaker of the Year 2006".[19] In 2007, Time magazine included him in their "Time 100" list.[20]
- ^ a b "Cha". Archived from the original on 27 December 2010. Retrieved 7 September 2010.
- ^ Cite error: The named reference
123-birthdaywas invoked but never defined (see the help page). - ^ "Laksmi Mittal Profile". Forbes.
- ^ "Lakshmi Mittal, Owner of Karrick Limited". Bloomberg BusinessWeek. 25 February 2011. Archived from the original on 14 November 2010. Retrieved 25 February 2011.
- ^ Reed, Stanley; Biesheuvel, Thomas (10 November 2011). "Lakshmi Mittal, the King of Steel, Trips Up". Businessweek. Archived from the original on 14 November 2011. Retrieved 21 July 2014.
- ^ "LN Mittal, Ratan Tata, Narayana Murthy get Padma Vibhushan". The Times of India. 26 January 2008. Archived from the original on 28 May 2013. Retrieved 26 January 2008.
- ^ "Mittal's 5-cr gift to Rajasthan hometown". The Times of India. 31 January 2007. ISSN 0971-8257. Retrieved 10 June 2024.
- ^ "A look at how the steel baron's net worth changed between 55 and 72 years of age". CNBC TV18. 15 June 2022.
- ^ "Lakshmi Mittal". Forbes. Retrieved 20 May 2020.
- ^ "APERAM S.A. (APAM)". Surperformance. MarketScreener. Retrieved 7 June 2021.
- ^ "Lakshmi Mittal buys 20 per cent stake in Queens Park Rangers - Times of India". The Times of India. 21 December 2007. Retrieved 20 May 2020.
- ^ "Archive News". The Hindu.
- ^ "Tory pressure over Mittal row". BBC News. London: BBC. 12 February 2002. Retrieved 21 July 2014.
- ^ Cite error: The named reference
Forbes2015was invoked but never defined (see the help page). - ^ "Lakshmi Mittal". Forbes. Retrieved 18 October 2024.
- ^ "The World's Most Powerful People". Forbes. Retrieved 21 March 2015.
- ^ Lubin, Gus (28 April 2011). "The 12 Most Expensive Weddings in History". Business Insider. Retrieved 21 July 2014.
- ^ "Board of Directors – Lakshmi N. Mittal". Goldman Sachs. Archived from the original on 21 June 2012. Retrieved 19 July 2012.
- ^ a b c d e f g "Board of directors – Lakshmi N Mittal". ArcelorMittal. Retrieved 5 July 2017.
- ^ "The 2007 Time 100". Time. Archived from the original on 5 September 2009.
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