Lakshmi Mittal Net Worth

Press release about the net worth of Lakshmi Niwas Mittal https://www.xpert.tv/profile/?xprt=lakshmi-mittal


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Lakshmi Mittal Net Worth

22 September 2o19, Lucknow(IND)

Lakshmi Mittal , the chairman and CEO of Arcelor Mittal(ADR) real time net worth is $11B .

Overview

Lakshmi Niwas Mittal is the current CEO and the largest shareholder of Arcelor Mittal, which is the largest steel making company in the world. He separated from his siblings and started Mittal Steel and then later merged it with France's Arcelor in 2006. The company benefitted from an uptick in steel and reported double digit growth in net profit to $5.1 billion in 2018 on a revenue of $76 billion. In 2012, Forbes named him as  the 47th most powerful person on its list of "Most Powerful People".

Net Worth Summary

The majority of Mittal's worth is derived from its stake of 38 percent in Arcelor Mittal. He has collected more than $4 billions in  dividends during December 2018. He has a stake of 41 percent in Aperam which is a stainless steel maker and also 49 percent share in HPCL-Mittal Energy. Additionally, he also holds stake in  Queens Park Rangers soccer team in London. Besides, he owns several properties in India, England and Scotland. The net worth of his three mansions  in London is more than $350 million.

Biographical Stats

  1. Age: 69
  2. Date of Birth: June 15, 1950
  3. Birth Place: Rajgarh, India
  4. Occupation: Businessman
  5. Residence: London, U.K.
  6. Citizenship: India
  7. Marital Status: Married
  8. Ethnicity: Marwari
  9. Childrem: 2(Aditya Mittal, Vanisha Mittal)
  10. Education: St. Xavier's College, Calcutta

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