Laxmi Narayan Mittal

Laxmi Niwas Mittal

Ø Laxmi Niwas Mittal, born in Sadulpur,
Churu district of Rajasthan, India in
1950 , in a poor family.
Ø Lakshmi graduated from St. Xavier’s
College in Calcutta where he
received a Bachelor of Commerce
degree.
Ø He later married Usha Mittal, and had
a son and daughter name Aditya
and Vanisha.
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Ø Mittal founded the company Mittal

Steel (formerly the LNM Group) in
1976 .
Ø Steel tycoon Lakshmi Niwas Mittal is
the richest Indian in the world, with
an estimated wealth of $25 billion.
Ø Lakshmi Mittal is the Chairman and
CEO of Arcelor , is third richest
person in the world.
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Ø He is a member of the Foreign
Investment Council in Kazakhstan, the
International Investment Council in
South Africa, the World Economic
Forum’s International Business
Council and the International Iron and
Steel .
Ø He is also a Director of ICICI Bank
Limited and sits on the Advisory
Board of the Kellogg School of
Management in the U.S and on the
International Advisory Board of
 BUSINESS
Ø He is now the largest producer of steel
in the world with interests in various
countries like France, Begium,
Romania, Indonesia, Canada, Trinidad,
Brazil and USA, to name a few.
Ø Laxmi Narayan Mittal made about 20
acquisitions, buying up a network of
steel producers in former Communist
countries including Kazakhstan,
Romania and Ukraine, and pushing
into the US in 2004 with the $4.5
billion purchase of International Steel
L.N.Mittal

Ø Laxmi.N. Mittal, Chairman and CEO,

of the LNM Group, has bought a
central London house for a stunning
price of $128.25 million or about Rs
560 crore.
Ø The Non-Resident Indian steel
magnate’s new house has thus
walked into the Guinness Book of
Records as the world’s most
 AWARDS AND HONORS
•
Ø 1996 Steelmaker of the Year Award.
Ø 1998 Willy Korf Steel Vision Award.
Ø 2004 European Businessman of the
Year Award by Fortune Magazine.
Ø 2006 Person of the Year by Financial
Times
Ø 2007 Bessemer Gold Medal.
Ø 2008 Padma Vibhushan Award.
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THANK YOU