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Birth: 15 June 1950, Shadulpur, Churu, Rajasthan
Housing: London, Great Britain
Scope: Indian industrialist, CEO and chairman of ArcelorMittal
Lakshmi Mittal is the CEO and Chairman of Arcelor Mittal, an Indian industrialist and the world's largest steel producer. Although they live in the United Kingdom, they have not left the citizenship of India. They are one of the world's richest men along with India. He has 33 percent stake in professional English football club 'Queens Park Rangers Football Club'. In 2007, he was considered Europe's richest Hindu and Asian. Despite being Britain's eighth richest person in 2002, he is not a British citizen. In 2011, Forbes considered him the sixth richest person in the world, but in March 2015, he dropped down a lot to 82nd.
Since 2008, he is a member of Goldman Sachs' Board of Directors. He is the executive committee of 'World Steel Organization', 'Global Advisory Committee' of the Indian Prime Minister, 'Foreign Investment Council' of Kazakhstan, International Trade Committee of the World Economic Forum, and member of the International Advisory Board of Mozambique. He is a member of the US-based Kelloggs School of Management's Advisory Board and the Board of Trustees of the Cleveland Clinic.
In 2006, 'The Sunday Times' honored him with 'Personal News of 2006', 'The Financial Times' by 'Person of the Year' and 'Time' magazine for him as 'International Newsmaker of the Year 2006'. In 2007, Time magazine placed her on the list of "World's 100 Most Influential Persons".
Lakshmi Nivas Mittal was born on September 2, 1950 in Rajgarh tehsil of Churu district of Rajasthan. His father's name was Mohan Lal Mittal. Lakshmi was born in a joint family and later her family moved to Kolkata. They have two brothers - Pramod Mittal and Vinod Mittal.
Lakshmi Nivas Mittal studied from Daulatram Noopani School from 1957 to 1964. He has a graduation in Business and Accounting in Commerce from St. Xavier's College (affiliated to the University of Calcutta) in Kolkata. His father was Mohan Lal Mittal's steel business - Nippon Denro Steel.
Steps in the industry
Due to the control of steel production by the Indian government, 26-year-old Lakshmi Niwas Mittal, in his first steel factory 'P.T. Steel Indo 'established in Sidoarjo, Indonesia. As a property of the Mittal family in India till the 1990s, there was a cold rolling mill of sheet steals and an alloy steel plant near Pune in Nagpur. Today, the business of Mittal family in India (which has a large integrated steel plant near Mumbai) runs Vinod and Pramod Mittal but Lakshmi does not have any business with these businesses.
In March 2008, Forbes Magazine named Lakshmi Mittal as the world's fourth richest man. Lakshmi was declared as Asia's richest man.
At present Lakshmi Mittal is the CEO and Chairman of ArcelorMittal Steel Company. Apart from this, he is also the non-executive director of EADS, ICICI Bank and Investment Banking Company Goldman Sachs. In 2008, the Indian government honored him with Padma Vibhushan.
In November 2003, he established the 'Mittal Champions Trust' for the financial help and encouragement of talented Indian players. In 2008, when Abhinav Bindra won gold medal in India for Olympics, then Rs 1.5 crore was given as a reward from this trust. In the 2012 London Olympics, his company 'ArcelorMittal' had created 'Arcelor Mittal Orbit'.
In the feild of education
In 2003, Lakshmi Niwas Mittal and Usha Mittal Foundation together with the Rajasthan government, LNM in Jaipur. Instituted the Institute of Information Technology. It is an autonomous and non-profit organization.
Lakshmi Niwas Mittal Foundation has done SNDT The University of Wisconsin's 'Institute of Technology for Women' gave a huge amount in the fund, after which the name of the institute was changed to 'Usha Mittal Institute of Technology'.
In the field of health
In 2008, Mittal donated nearly 1.5 million British pounds to the London-based 'Great Ormond Street Hospital'. A new health facility was established in this hospital by the donation- Mittal Children's Medical Center
Queens Park Rangers
Mittal family's professional English football club 'Queens Park Rangers F.C.' There is a 33 percent stake in the company. This investment was done under the supervision of Mittal's son-in-law Amit Bhatia.
The present residence of Lakshmi Mittal is London-based 18-19 Kenningtonton Palace Gardens. This property was bought from Formula One owner Bernie Ecclestone in 2004 for about 12.8 million US dollars. It was the world's most expensive house in its time. To decorate this house, marble has been used in the same mines from where marble was brought to make Taj Mahal.
In 2008, he also gifted a house in London in the marriage of his daughter Vanisha, which was worth about 70 million British pounds.
In 2005, he bought a property on APJ Abdul Kalam Marg, located in the capital of India, New Delhi, which was worth 30 million US dollars.
Honours and awards
2008: Awarded 'Lifetime Achievement' by Forbes Magazine
2007: Fellowship by King's College London
2004: 'European Businessman of the Year' by Forbes Magazine
2004: 'Interpreter of the Year' selected by the Wall Street Journal
2004: American Metal Market and World steel Dynamics' eighth Willy Korff steel was Vision (honorary) Award
1996: New steel "steel long off The Year
Timeline (life events)
1950: Shadulpur June 15, Churu, born in Rajasthan
1957-64: has studied Mr. Daulatram Nopany School
1976: first steel factory 'PT Steel Indo 'established in Sidoarjo, Indonesia
2008: Forbes Magazine gave Lakshmi Mittal the fourth richest person in the world
2008: Government of India awarded Padma Vibhushan