Lakshmi Mittal

Lakshmi Mittal

Lakshmi Niwas Mittal pronunciation (born 15 June 1950) is an Indian steel magnate. He is the chairman and CEO of ArcelorMittal, the world’s largest steelmaking company. Mittal owns 41 percent of ArcelorMittal and holds a 34 percent stake in the Queens Park Rangers F.C. football team.

Mittal is the richest man of Asian descent. Despite being the wealthiest man in Britain, he does not hold British citizenship. He was ranked the sixth richest person in the world by Forbes in 2011, but dropped to 21st place in 2012, due to having lost $10.4 billion the previous year. In spite of the drop, Forbes estimates that he still had a personal wealth of US$16 billion in October 2012. He is also the 47th "most powerful person" of the 70 individuals named in Forbes' "Most Powerful People" list for 2012. His daughter Vanisha Mittal's wedding was the second most expensive in recorded history.

Mittal has been a member of the board of directors of Goldman Sachs since 2008, and is also member of the board of directors of the European Aeronautic Defence and Space Company. He sits on the World Steel Association's executive committee, and is a member of the Indian Prime Minister’s Global Advisory Council, the Foreign Investment Council in Kazakhstan, the World Economic Forum’s International Business Council, and the Presidential International Advisory Board of Mozambique. He also sits on the advisory board of Northwestern University's Kellogg School of Management in the United States and is a member of the board of trustees of the Cleveland Clinic.

In 2006 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". In 2007, Time magazine included him in their "100 most influential persons in the world".

Read more about Lakshmi MittalEarly Life and Career, Personal Life, Awards and Honours, Bibliography

Other articles related to "lakshmi mittal, lakshmi, mittal":

Queens Park Rangers F.C. - Ownership and Finances
... on 20 December 2007, it was announced that the family of billionaire Lakshmi Mittal had purchased a 20 percent shareholding in the club from Briatore ... As part of the investment Lakshmi Mittal's son-in-law Amit Bhatia took a place on the board of directors ... club's new owners (which included the world's then 8th richest man Lakshmi Mittal) sparked speculation that QPR would receive significant further ...
LNM Institute Of Information Technology - Expansion
... for chief minister Ashok Gehlot, steel tycoon Lakshmi Mittal discussed plans to expand his Jaipur-based Lakshmi Niwas Mittal Institute of Information Technology (LNMIIT) ... set up by the state government and the Lakshmi and Usha Mittal Foundation, as an autonomous non-profit organisation ... Mittal was also the part of the meeting where the delegation discussed the proposed 2012 Jaipur convention for NRIs from the state ...
Mittal
... Mittal is an Indian surname ... Notable people with this surname Mittal Steel Company, an Rotterdam based steel company now a part of ArcelorMittal Lakshmi Mittal, Indian industrialist ...
Kensington Palace Gardens - Current Occupants
15a — Leonard Blavatnik 18-19 — Lakshmi Mittal, 51°30′25.41″N 0°11′29.80″W / 51.5070583°N 0.191611°W / 51.5070583 -0.191611, Bird's eye view ... Said to have now been sold to Lakshmi Mittal for £117 million, for the use of his son Aditya ... Sold to Lakshmi Mittal for £70 million in 2008, for his daughter Vanisha ...