Quick Info
| Profession | Chairman, CEO of ArcelorMittal |
|---|---|
| Nationality | Indian |
| Date of Birth | 15/06/1950 |
| Age | 75 years |
| Birthplace | Sadulpur, Rajasthan, India |
Latest News about Lakshmi Niwas Mittal
01/01/2025
Lakshmi Niwas Mittal, after nearly three decades of residency in the UK since 1995, relocated his primary residence to Dubai and Switzerland in 2025. The move was prompted by the UK Labour government's tax reforms, including the abolition of non-domicile status, proposed inheritance tax on global assets, and potential wealth and exit taxes that increased liabilities for billionaires. He purchased multiple premium plots on Dubai's Naïa Island for custom-built estates and a $200 million mansion in Emirates Hills, while retaining his Kensington Palace Gardens properties.
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Bio/Wiki
| Full Name | Lakshmi Niwas Mittal |
|---|---|
| Nickname | King Of Steel |
Physical Stats & More
| Height | 175cm (5' 9") |
|---|---|
| Weight | 70 kg (154 lbs) |
| Eye Color | Black |
| Hair Color | Dark Brown |
Educational Qualification(s)
| School | Shri Daulatram Nopany Vidyalaya, Calcutta |
|---|---|
| College | St. Xavier's College, Kolkata |
| Educational Qualification | Bachelor of Commerce |
Personal Life
| Religion | Hinduism |
|---|---|
| Address | 18-19 Kensington Palace Gardens, London, England; residences in Switzerland and Dubai (UAE) |
| Hobbies | Going to Grand Prix Events, Watching & Playing Football and Cricket |
Relationships & More
| Marital Status | Married |
|---|---|
| Wife/Spouse | Usha Mittal |
| Children |
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Family
| Father | Mohanlal Mittal |
|---|---|
| Mother | Geita Mittal |
| Brothers |
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| Sister | Seema Lohia |
Career
| Controversy | In 2002, attracted controversy for donating £250,000 to Tony Blair's Labour Party |
|---|---|
| Career Start | 1976 - Founded PT Ispat Indo in Sidoarjo, East Java, Indonesia |
| Major Milestone 1 | 1989 - Purchased state-owned steel works in Trinidad and Tobago |
| Major Milestone 2 | 2004 - Merged Ispat International and LNM Holdings; acquired International Steel Group (ISG), creating Mittal Steel Company N.V., world's top steel producer |
| Major Milestone 3 | 2006 - Mittal Steel merged with Arcelor to form ArcelorMittal |
| CEO Tenure | 2006-2021 |
| Current Role | Executive Chairman (from 2021) |
Favourites
| Favourite Food(s) | Butter Chicken and Paneer With Butter |
|---|---|
| Favourite Colour | Blue |
| Favourite Sport(s) | Football, Cricket, Racing |
| Favourite Restaurant | Bali Restaurant |
| Favourite Destination(s) | St. Moritz, Switzerland |
Style Quotient
| Cars Collection |
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|---|---|
| Jets Collection | Gulfstream 550 Private Jet, Amevi Yacht |
Some Lesser Known Facts
| 1. Born in the village of Sadulpur that lacked electricity until the 1960s. | |
| 2. Slept on mats and the floor in a small house with 25 family members during childhood. | |
| 3. Achieved top position at St. Xavier's College Kolkata despite facing initial rejection due to Hindi medium schooling background. | |
| 4. Made significant contributions to sports development in India. | |
| 5. Founded the Mittal Champions Trust to provide support to Indian athletes. | |
| 6. Established The LNM Institute of Information Technology (LNMIIT) in Jaipur. | |
| 7. Generously donated to various causes, including educational institutes and hospitals. | |
| 8. Held daughter's wedding reception at the prestigious Palace of Versailles. | |
| 9. Built his business empire through strategic acquisitions of struggling steel mills worldwide, turning them into profitable ventures. |