Lakshmi Mittal
Indian steel magnate / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Lakshmi Mittal?
Summarize this article for a 10 year old
Lakshmi Niwas Mittal (Hindi: [ˈləkʃmi nɪˈʋaːs ˈmɪtːəl] ⓘ; born 15 June 1950) is Indian steel magnate,[7] based in the United Kingdom. He is the executive chairman of ArcelorMittal, the world's second largest steelmaking company,[8] as well as chairman of stainless steel manufacturer Aperam.[9] Mittal owns 38% of ArcelorMittal and holds a 3% stake in EFL Championship side Queens Park Rangers.[10]
Lakshmi Mittal | |
---|---|
Born | (1950-06-15) 15 June 1950 (age 73)[1][2] |
Citizenship | Indian [3] |
Alma mater | St. Xavier's College, Kolkata, (B.Com.)[1] |
Occupation(s) | Chairman of ArcelorMittal & Aperam Owner of Karrick Limited[4] Co-owner of Queens Park Rangers F.C. |
Known for | Steel magnate King of Steel [5] |
Board member of | Goldman Sachs |
Spouse | Usha Mittal |
Children | 2, including Aditya Mittal |
Relatives | Pramod Mittal (brother) |
Awards | Padma Vibhushan (2008)[6] |
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.[11][12] He was ranked the sixth-richest person in the world by Forbes in 2011, but dropped to 82nd place in March 2015.[13] He is also the "57th-most powerful person" of the 72 individuals named in Forbes' "Most Powerful People" list for 2015.[14] His daughter Vanisha Mittal's wedding (in 2005) was the second-most expensive in recorded history.[15]
Mittal has been a member of the board of directors of Goldman Sachs since 2008.[16] He sits on the World Steel Association's executive committee,[17] and is a member of the Global CEO Council of the Chinese People's Association for Friendship with Foreign Countries,[17] the Foreign Investment Council in Kazakhstan,[17] the World Economic Forum's International Business Council,[17] and the European Round Table of Industrialists.[17] He is also a member of the board of trustees of the Cleveland Clinic.[17]
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".[17] In 2007, Time magazine included him in their "Time 100" list.[18]