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Lakshmi Mittal
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Lakshmi Mittal

Indian steel magnate

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Lakshmi Niwas Mittal (Hindi: [ˈləkʃmi nɪˈʋaːsə ˈmɪtːələ] ; born 15 June 1950) is an Indian billionaire businessman and steel magnate. He is the executive chairman of ArcelorMittal, the world's second largest steelmaking company, as well as chairman of stainless steel manufacturer Aperam. Mittal owns 38 per cent of ArcelorMittal. He also holds a 75 percent stake in the Indian Premier League (IPL) team Rajasthan Royals. Mittal resides in Switzerland and United Arab Emirates following his departure from the United Kingdom in 2025, where he had lived since 1995.

Quick facts

Born
wd
Place of birth
Rajgarh wd
Citizenship
India wd
Occupation
businessperson, entrepreneur wd
Education
St. Xavier's College, Kolkata, University of Calcutta, Indian Institute of Social Welfare and Business Management wd
Spouse
Usha Mittal wd

Positions held wd

  • chief executive officer
  • co-ownership
  • board member

Awards wd

  • Padma Vibhushan in Trade & Industry (2006)
  • Bessemer Gold Medal
  • Dostyk Order of grade I (2010)
  • Grand Cross of the Order of Civil Merit (2007)
  • Financial Times Person of the Year (2006)

About

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. He was ranked the sixth-richest person in the world by Forbes in 2011, but dropped to 82nd place in March 2015, and only to 130th by October 2024. He is also the "57th-most powerful person" of the 72 individuals named in Forbes' "Most Powerful People" list for 2015. His daughter Vanisha Mittal's wedding (in 2005) was the sixth-most expensive in recorded history. As of 2025, Mittal's net worth was estimated to be £15.444 billion by the Sunday Times Rich List.

Mittal has been a member of the board of directors of Goldman Sachs since 2008. 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 World Economic Forum's International Business Council, and the European Round Table of Industrialists. He is also a member of the board of trustees of the Cleveland Clinic.

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". In 2007, Time magazine included him in their…

Questions

When was Lakshmi Mittal born?
Lakshmi Mittal was born on 15 June 1950 in Rajgarh.
What positions has Lakshmi Mittal held?
Positions held by Lakshmi Mittal include: chief executive officer; co-ownership; board member.
Where did Lakshmi Mittal study?
Lakshmi Mittal was educated at St. Xavier's College, Kolkata, University of Calcutta, Indian Institute of Social Welfare and Business Management.

Sources

  1. Wikipedia (English): Lakshmi Mittal · CC BY-SA 4.0
  2. Wikidata item Q191311 · CC0 1.0
  3. Image: Lakshmi Mittal LM.jpg by Financial Times (CC BY 2.0)

Last updated · facts checked 7 November 2026

Cite this page

"Lakshmi Mittal". DigiNepal. Last updated 3 November 2026. https://diginpl.com/people/lakshmi-mittal. Retrieved 7 November 2026.

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Text from the Wikipedia article Lakshmi Mittal, licensed under CC BY-SA 4.0. This page's text is shared under the same licence. Facts from Wikidata (CC0). Image: Lakshmi Mittal LM.jpg — Financial Times, CC BY 2.0.

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