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.
CONTINUE
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.
CONTINUE…. 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.
THANK YOU