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................Billionaire Bios


Bio Number

0004


Name Lakshmi Mittal
Net Worth (11 Feb 2008) US$45.0 billion
Citizenship India
Residence UK (London)
Inherited / Self-made

Inherited

Industry Manufacturing
Source / Web

Arcelor Mittal Steel
- world's largest steel company
(www.ArcelorMittal.com)

Occupation Chairman and CEO
(Arcelor Mittal)
Trivia

Europe's richest resident.

Bought residence in Kensignton Palace Gardens, London, in 2004 for £57 million (US128 million) making it the world's most expensive house at that time.

After witnessing India win only one medal, bronze, in the 2000 Summer Olympics, and one medal, silver, at the 2004 Summer Olympics, Mittal decided to set up Mittal Champions Trust with US$9 million to support 10 Indian athletes with world-beating potential.

In 2008 Mittal awarded Abhinav Bindra with Rs. 1.5 Crore, for getting India its first individual Olympic gold medal in shooting.

Age / Date of Birth 57yo (born 15 June 1950)
Gender Male
Education

St Xavier's College Calcutta, Bachelor of Commerce degree in Business and Accounting

Parents / Occupations

His father, Mohan, became a partner in a steel company and made a fortune.

Marital Status

Married Usha, (1976?) the daughter of a well-to-do moneylender.

Children

2 children

Net Worth (2008) / Rankings $45.0 billion (India #1; World #4)
Net Worth (2007) / Rankings $32.0 billion (India #1; World #4)
Net Worth (2006) / Rankings $23.5 billion (India #1; World #5)
Net Worth (2005) / Rankings $25.0 billion (India #1; World #3)

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