Meet India’s second-richest mining billionaire with Rs 1,36,100 crore net worth, know about his business empire

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Lakshmi Mittal’s firm ArcelorMittal reported a net revenue of USD 9.3 billion (round Rs 76,250 crore) in 2022.

Lakshmi Mittal, the chief chairman of ArcelorMittal, is a widely known billionaire on the earth. He is an Indian metal magnate based mostly within the UK. Mittal is India’s second-richest steel and mining billionaire with a net value of round Rs 1,36,100 crore.

Who is Lakshmi Mittal? 

He was born in Sadulpur in Rajasthan in 1950. His full title is Lakshmi Niwas Mittal. He accomplished his training in India and commenced his profession working in his household’s steelmaking business in India. In 1976, he moved to Indonesia to arrange a small metal firm that over time grew to turn into ArcelorMittal, the world’s main metal and mining firm. Currently, he’s the Executive Chairman of the corporate.

Lakshmi Mittal’s net value

According to Forbes, Lakshmi Mittal has a net value of USD 16.6 billion (round Rs 1,36,100 crore) as of July 23, 2023. He is at the moment at 106th place on the earth’s richest particular person listing as we speak. His firm, ArcelorMittal, reported a net revenue of USD 9.3 billion (round Rs 76,250 crore) in 2022, Forbes reported. 

Mittal holds a bachelor’s diploma in commerce (B.com). He graduated from St Xavier’s College in Kolkata. The 73-year-old is married to Usha Mittal. The duo have a son, Aditya Mittal and a daughter, Vanisha Mittal Bhatia. She is a director of ArcelorMittal, whereas Aditya is the CEO of ArcelorMittal.

Mittal grew to become govt chairman of ArcelorMittal in February 2021. He was beforehand chief govt officer (CEO) of the corporate. In 2021, Mittal ceded the CEO’s place to his son, Aditya Mittal. Mittal has obtained the Padma Vibhushan (2008), India’s second-highest civilian honour, and a Forbes Lifetime Achievement Award. He can be an lively philanthropist who’s engaged within the fields of training and little one well being.

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