Lakshmi Mittal
Indian businessman (born 1950)
Lakshmi Mittal
Lakshmi Niwas Mittal (Hindi: [ˈləkʃmi nɪˈʋaːsə ˈmɪtːələ] ; born 15 June 1950) is an Indian billionaire businessman and steel magnate. He is the executive chairman of ArcelorMittal, the world's second largest steelmaking company, as well as chairman of stainless steel manufacturer Aperam. Mittal owns 38 per cent of ArcelorMittal. He also holds a 75 percent stake in the Indian Premier League (IPL) team Rajasthan Royals. Mittal resides in Switzerland and United Arab Emirates following his departure from the United Kingdom in 2025, where he had lived since 1995. 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. He was ranked the sixth-richest person in the world by Forbes in 2011, but dropped to 82nd place in March 2015, and only to 130th by October 2024. He is also the "57th-most powerful person" of the 72 individuals named in Forbes' "Most Powerful...
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