Is Lakshmi Mittal rich?

Here are the ten richest Indians according to Forbes’ India’s 100 Richest People list 2020. Rank 10 | Lakshmi Mittal | Net Worth: $10.3 billion | The steel tycoon, once the world’s third-richest man, has seen his fortunes take a dive in the last decade with the end of the commodity supercycle.

How Lakshmi Mittal become rich?

Lakshmi Mittal is an Indian billionaire worth upwards of $12 billion as of 2019. Mittal earned his fortune through founding his namesake steel company and continuing on as its CEO. Mittal is a well-respected businessman around the globe who sits on various corporate boards and gives to philanthropic causes.

Who is the owner of Mittal Steel?

Mittal Steel Company
ArcelorMittal/Parent organizations

What is Lakshmi Mittal worth?

17.9 billion USD (2021)
Lakshmi Mittal/Net worth

Who is richest Indian in the world?

Mukesh Ambani
Top 27 richest Indians

Rank Name Net worth (USD)
1 Mukesh Ambani 88.9 billion
2 Gautam Adani 75.3 billion
3 Shiv Nadar 22.5 billion
4 Lakshmi Mittal 18.7 billion

Who was the first billionaire in India?

Top 27 richest Indians

Rank Name Sources of wealth
1 Mukesh Ambani Petrochemicals, telecom, retail
2 Gautam Adani Commodities, ports, power generation and transmission, real estate, defense, airport and data centre
3 Shiv Nadar IT services and consulting
4 Lakshmi Mittal Steel

Who was the 1st billionaire of India?

How old was Lakshmi Mittal when he started his business?

Lakshmi’s father, Mohanlal Mittal, ran a steel business, Nippon Denro Ispat. In 1976, due to the curb of steel production by the Indian government, the 26-year-old Mittal opened his first steel factory PT Ispat Indo in Sidoarjo, East Java, Indonesia.

How much of ArcelorMittal does Lakshmi Mittal own?

Mittal owns 38% of ArcelorMittal and holds an 11% stake in Queens Park Rangers F.C. . 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.

Where did Lakshmi Mittal go to College in Calcutta?

He studied at Shri Daulatram Nopany Vidyalaya, Calcutta from 1957 to 1964. He graduated from St. Xavier’s College, affiliated to the University of Calcutta, with a B.Com degree in the first class. Lakshmi’s father, Mohanlal Mittal, ran a steel business, Nippon Denro Ispat.

Who are the members of the Mittal family in India?

Until the 1990s, the family’s main assets in India were a cold-rolling mill for sheet steels in Nagpur and an alloy steels plant near Pune. Today, the family business, including a large integrated steel plant near Mumbai, is run by his younger brothers Pramod Mittal and Vinod Mittal, but Lakshmi has no connection with it.