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Lakshmi Niwas Mittal Chairman Biography Age Birthdate Birthplace
Lakshmi Niwas Mittal is a British steel tycoon residing in the UK. He serves as the Executive Chairman of ArcelorMittal, the world's largest producer of steel, as well as the Chairman of Aperam, a producer of stainless steel. Mittal owns 38% of Arcelor Mittal and a 20% stake in Queens Park Rangers of the EFL Championship.
Mittal became the first Indian to be listed among the top ten on Forbes' annual list of the world's richest people in 2005 when he was ranked as the third-richest person in the world. In 2011, Forbes classified him as the sixth-richest person in the world, but in March 2015, he plummeted to the 82nd position. Additionally, out of the 72 people listed on Forbes' Most Powerful People list for 2015, he is the 57th-most powerful person. The wedding of his daughter, Vanisha Mittal, was the second most expensive in history.
Since 2008, Mittal has served on the Goldman Sachs board of directors. He serves on the World Steel Association's executive committee and belongs to the European Round Table of Industrialists, the Kazakhstan Foreign Investment Council, the Global CEO Council of the Chinese People's Association for Friendship with Foreign Countries, and the World Economic Forum's International Business Council.
He serves on the Cleveland Clinic's board of trustees as well. He was selected as the Business Person of 2006 by The Sunday Times, the Person of the Year by The Financial Times, and the International Newsmaker of 2006 by Time magazine in 2005. He was listed in Time magazine's Time 100 in 2007.
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