Biography of Lakshmi Niwas Mittal

Lakshmi Niwas Mittal
Born on 15 June 1950. Shadulpur, Churu, Rajasthan

Hotel: London, Great Britain

The scope: Indian entrepreneur, CEO, and Chairman of ArcelorMittal

Lakshmi Mittal is an Indian businessman and chairman and CEO of ArcelorMittal the world’s biggest producer of steel. Although he is from the United Kingdom, he has not given up the benefits of his Indian citizenship. He is among the wealthiest people not just in India but around the world. He has 33 percent of the top professional English football team Queens Park Rangers Football Club. He was thought to be the most successful Hindu as well as Asian within Europe.

While he was ranked as the eighth most wealthy individual in Britain as of 2002 he’s not an official British citizen. As of the year 2011, Forbes listed him as the sixth-richest man worldwide, but in March of this year, he fell to the 82nd spot. Since 2008, he’s been a member of the ‘Board of Directors at Goldman Sachs. He is also a member of the Executive Committee of the World Steel Organization, the Global Advisory Committee to the Prime Minister of India, the Foreign Investment Council of Kazakhstan, the International Trade Committee of the World Economic Forum, and the International Advisory Council to the President. of Mozambique. He is on an advisory Board of the American-based Kellogg’s School of Management and the “Board of Trustees” from the Cleveland Clinic.

He was honored in 2006 when he was recognized with the title of ‘Business Person of 2006 by the Sunday Times”, named ‘Person of The Year by The Financial Times, and named ‘International Journalist of the Year in 2006 by Time magazine. 2007 was the year that Time magazine listed him as one of the 100 Most influential people across the World.

The first step is life.

Lakshmi Niwas Mittal was born on September 2, 1950, in the Rajgarh Tehsil of Churu District, Rajasthan. The name of his father is Mohanlal Mittal. Lakshmi was born into the joint family of her parents and her family moved to Kolkata. He has two brothers: Pramod Mittal, and Vinod Mittal.

Lakshmi Niwas Mittal studied at Sri Daulatram Nopani Vidyalaya from 1957 until 1964. The school he graduated from was St. Xavier’s College, Kolkata (affiliated with the University of Kolkata) with an undergraduate degree in accounting and commerce. The father of his son Mohanlal Mittal owns a steel company – Nippon Denaro Ispat.

Biography of Lakshmi Niwas Mittal

Get into the business

In the days when it was the Indian government controlled the production of steel 26, Lakshmi Niwas Mittal opened her first steel manufacturing facility ‘P.T. Ispat Indo’ which was founded in Sidorjo, Indonesia. The 1990s were the time when Mittal relatives’ assets in India included an industrial cold rolling mill of sheet metals located situated in Nagpur along with an alloy-steel plant close to Pune. At the present, Vinod, as well as Pramod Mittal, manage their own Mittal Family business that is located in India (which also includes a large integrated steel plant in Mumbai) However, Lakshmi does not have anything to do with these enterprises.

On March 28, 2008, Forbes magazine named Lakshmi Mittal as the fourth most wealthy individual in the world. Lakshmi is believed to be the most wealthy female in Asia.

Presently, Lakshmi Mittal is the CEO and chairman of ArcelorMittal Steel Company. Apart from that, he is also a non-executive director at EADS, ICICI Bank, and the investment banking firm Goldman Sachs. He was awarded the Padma Vibhushan by the Government of India in 2008.

Charitable work

Then, in November 2003, Bindra created the “Mittal Champions Trust” to provide financial assistance and support to the most skilled Indian athletes. In 2008 the year that Abhinav Bindra was awarded a Gold medal representing India in the Olympics and was awarded Rs.1.5 crore from the trust. The company that he worked for, ‘ArcelorMittal’, built the ‘ArcelorMittal Orbit’ to host 2012. London Olympics.

Biography of Lakshmi Niwas Mittal

In the area of education

In 2003 in 2003, The Lakshmi Niwas Mittal and Usha Mittal Foundation in conjunction with the Government of Rajasthan ‘L.N.M. Institute of Information Technology established. It is an independent, non-profit institution.

SNDT is a project of the Lakshmi Niwas Mittal Foundation. A large amount was given to the Institute of Technology for Women at Mahila University, after which the name of the institution was changed to ‘Usha Mittal Institute for Technology.

In the sector of health

The year 2008 was the time that Mittal gave close to 15 million British dollars to Great Ormond Street Hospital in London. The donation resulted in the construction of a new health center at the hospital called the Mittal Children’s Medical Centre.

Queens Park Rangers

The Mittal family has 33 percent ownership of the pro-English football club, ‘Queens Park Rangers F.C.’ The company was overseen by Mittal’s son-in-law Amit Bhatia.

Biography of Lakshmi Niwas Mittal

Personal life

Lakshmi Mittal’s current home has been set for 18-19 Kennington Palace Gardens, London. The property was bought back in the year 2004 by negotiating with Formula One owner Bernie Ecclestone for twelve million US dollars. The house was considered to be the highest-priced home on the planet at that time. The same marble quarry was used for the decoration of the house. It was used to construct The Taj Mahal.

In 2008, on the day of his daughter’s wedding, the groom also presented a property worth 70 million British pounds to London.

Then, in 2005, the entrepreneur acquired the property for $30 million US dollars on the APJ Abdul Kalam Road, New Delhi, the capital of India.

Honors and Awards

2008 The Lifetime Award for Achievement Award from Forbes Magazine

2007 Awarded Fellowship in 2007 by King’s College London

2004″European Businessman of the Year 2004: ‘European Businessman of the Year by Forbes Magazine

2004 named as Entrepreneur of the Year in The Wall Street Journal

2004 Eighth Willy Korff Steel Vision (Honorary) Award presented by American Metal Market and World Steel Dynamics

1996″Steel Capricorn Of The Year 1996: ‘Steel Capricorn of the Year by New Steel

Biography of Lakshmi Niwas Mittal

Life events

1950 Born on June 15, 1950, at Shadulpur, Churu, Rajasthan

1957-64: Studyed at Sri Daulatram Nopani Vidyalaya

1976: The first plant of steel ‘P.T. Ispat Indo’ was founded in Sidorjo, Indonesia

2008. Forbes magazine named Lakshmi Mittal as the fourth richest person in the world.

2008: The Padma Vibhushan by the Government of India.

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