02 September 2008

Lakshmi Mittal - Fobs - The World's Indian Billionaires

#4 Lakshmi Mittal


Fortune: inherited and growing

Source: steel

Net Worth: $45.0 bil

Country Of Citizenship: India

Residence: London , United Kingdom, Europe & Russia

Industry: Manufacturing

Marital Status: married, 2 children

Education: St Xavier's College Calcutta, Bachelor of Arts / Science

Heads world's largest steelmaker, $105 billion (sales) ArcelorMittal, which accounts for 10% of all crude steel production. Just delivered 580 tons to be used in construction of the World Trade Center memorial in New York. With 44% stake, is the company's largest shareholder. Longtime resident of London is Europe's richest resident.

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