23 Facts About Lakshmi Mittal

1.

Lakshmi Niwas Mittal is an Indian steel magnate, based in the United Kingdom.

2.

Lakshmi Mittal is the Executive Chairman of ArcelorMittal, the world's second largest steelmaking company, as well as chairman of stainless steel manufacturer Aperam.

3.

Lakshmi Mittal was ranked the sixth-richest person in the world by Forbes in 2011, but dropped to 82nd place in March 2015.

4.

Lakshmi Mittal is the "57th-most powerful person" of the 72 individuals named in Forbes' "Most Powerful People" list for 2015.

5.

Lakshmi Mittal has been a member of the board of directors of Goldman Sachs since 2008.

6.

Lakshmi Mittal sits on the World Steel Association's executive committee, and is a member of the Global CEO Council of the Chinese People's Association for Friendship with Foreign Countries, the Foreign Investment Council in Kazakhstan, the World Economic Forum's International Business Council, and the European Round Table of Industrialists.

7.

Lakshmi Mittal is a member of the board of trustees of the Cleveland Clinic.

8.

Lakshmi Mittal studied at Shri Daulatram Nopany Vidyalaya, Calcutta from 1957 to 1964.

9.

In 1976, due to the curb of steel production by the Indian government, the 26-year-old Lakshmi Mittal opened his first steel factory PT Ispat Indo in Sidoarjo, East Java, Indonesia.

10.

In 1989 Lakshmi Mittal purchased the state-owned steel works in Trinidad and Tobago, which were operating at an enormous loss.

11.

Lakshmi Mittal turned them into profitable ventures in a year.

12.

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.

13.

Lakshmi Mittal successfully employed Marek Dochnal's consultancy to influence Polish officials in the 2003 privatisation of PHS steel group, which was then Poland's largest.

14.

Employees of Lakshmi Mittal have accused him of allowing "slave labour" conditions after multiple fatalities in his mines.

15.

Blair's letter hinted that the privatisation of the firm and sale to Lakshmi Mittal might help smooth the way for Romania's entry into the European Union.

16.

ArcelorLakshmi Mittal provided steel for the construction of the ArcelorLakshmi Mittal Orbit for the 2012 Summer Olympics.

17.

Lakshmi Mittal had emerged as a leading contender to buy and sell Barclays Premiership clubs Wigan and Everton.

18.

However, on 20 December 2007, it was announced that the Lakshmi Mittal family had purchased a 20 per cent shareholding in Queens Park Rangers football club joining Flavio Briatore and Lakshmi Mittal's friend Bernie Ecclestone.

19.

The combined investment in the struggling club sparked suggestions that Lakshmi Mittal might be looking to join the growing ranks of wealthy individuals investing heavily in English football and emulating similar benefactors such as Roman Abramovich.

20.

Lakshmi Mittal completed his Primary and Secondary school from Nopany High formerly known as Shri Daulatram Nopany Vidyalaya.

21.

Lakshmi Mittal was born on 15 June 1950 in Rajasthani Marwari family in Sadulpur, Rajasthan.

22.

Lakshmi Mittal has two brothers, Pramod Mittal and Vinod Mittal, and a sister, Seema Lohia, who married Indonesian businessman, Sri Prakash Lohia.

23.

Lakshmi Mittal threw a lavish "vegetarian reception" for Vanisha in the Palace of Versailles, France.