LAXMI NARAYAN MITTAL
BRIEF HISTORY OF L N MITTAL
Lakshmi Narayan MiTTAL born 15 June 1950 is a London-based London based Indian billionaire industrialist Born in Sadulpur village, in the Churu district of Rajasthan, India, and resides in Kensington, London. His father started a steel Mill in Hardoi, Uttar Pradesh, and nearly 80% of the Mill's production used to be sold through the firm owned by Lala Gulab Chand. They eventually moved to Calcutta where his father, Mohan became a partner in a steel company and made a Mohan, fortune.
BRIEF HISTORY OF L N MITTAL
He graduated from St. Xavier's College in Calcutta with a Bachelor f Commerce d B h l of C degree i B i in Business and d Accounting in 1969 Lakshmi Mittal began his career working in the family's family s steelmaking business in India In 1976, when the family founded its own steel business, Mittal set out to establish its international division, beginning with the buying of a run-down plant in Indonesia. He was married to Usha, the daughter of a well-to-do moneylender
ACHIEVEMENTS
March 2008, Mittal was reported to be the 4th wealthiest person i th world, and th wealthiest i A i b F b in the ld d the lthi t in Asia, by Forbes Magazine ArcelorMittal is the largest steel company in the world world, with 310,000 employees in more than 60 countries. . The company was formed in 2006 by the merger of Arcelor and Mittal Steel. It ranks 39th on the 2008 Fortune Global 500 list. The company is headquartered in Luxembourg City the City, former seat of Arcelor.
ACHIEVEMENTS
Mittal had emerged as a leading contender to buy Barclays Premiership clubs Wigan and Everton. Lakshmi Niwas Mittal is the richest Indian in the world, with an estimated wealth of over $27 billion. MITTAL STEEL is worlds biggest steel company LN Mittal is the Chairman of World Steel Association p g producers from across the representing about 180 steel p globe.
AWARDS
2008: Padma Vibhushan 2007: Bessemer