Lakshmi Mittal

Lakshmi Mittal, born on June 15, 1950, is a prominent Indian billionaire businessman and steel magnate, renowned for his leadership as the executive chairman of ArcelorMittal, the world's second-largest steelmaking company. He also serves as the chairman of Aperam, a stainless steel manufacturer, and holds a significant stake in the EFL Championship football club Queens Park Rangers.

Mittal's remarkable journey in the business world has seen him amass a net worth estimated at thirteen billion six hundred million USD. His financial prowess was recognized in 2005 when Forbes ranked him as the third-richest person globally, marking him as the first Indian to break into the top ten of their annual list. Although his ranking fluctuated over the years, he was noted as the sixth-richest in 2011 and later dropped to 130th by October 2024.

In addition to his business achievements, Mittal has been acknowledged for his influence, being named the 57th-most powerful person in Forbes' 2015 list of the Most Powerful People. His daughter's wedding in 2005 was famously one of the most expensive in history, further highlighting his prominence in both business and social circles.

Mittal's contributions extend beyond his companies; he has been a board member of Goldman Sachs since 2008 and is actively involved in various prestigious organizations, including the World Steel Association and the World Economic Forum's International Business Council. His accolades include being named Business Person of 2006 by The Sunday Times and International Newsmaker of the Year by Time magazine.

After residing in the United Kingdom since 1995, Mittal moved to Switzerland and the United Arab Emirates in 2025. His legacy continues to shape the steel industry and inspire future generations of entrepreneurs.