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Is Laxmi Mittal a billionaire?

Is Laxmi Mittal a billionaire?

Personal wealth Meanwhile, in 2016 Forbes magazine’s annual billionaires list assessed estimated Mittal’s wealth in 2016 at as the 135th-wealthiest billionaire with a net worth of US$8.4 billion.

How Lakshmi Mittal lost his wealth?

After graduating (1970) he served as a trainee at the mill, and in 1976 he opened his own steel mill in Indonesia. He spent more than a decade learning how to run it efficiently. In 1989 Mittal purchased the beleaguered state-owned steelworks in Trinidad and Tobago, which had been losing huge sums of money.

Is Mittal rich?

Mittal, the CEO of the world’s largest steelmaker, is the 91st richest person in the world, controlling the wealth of $13.6 billion. Billionaire Lakshmi Mittal was born into a home without electricity and now owns three mansions worth $350 mn.

How much is the net worth of Lakshmi Mittal?

How much is Lakshmi Mittal Worth? Lakshmi Mittal net worth: Lakshmi Mittal is chairman and CEO of the world’s largest steel making company ArcelorMittal who has a net worth of $11 billion. Lakshmi Mittal was born into a wealthy Indian steel family. Mittal started his career in India by working in the family steelmaking business.

How much did Lakshmi Mittal buy ArcelorMittal for?

Mittal purchased International Steel Group in 2004 and acquired Arcelor in 2006 for $38.3 billion. In 2016 he purchased 472 million shares of ArcelorMittal. He owns three mansions on “Billionaire’s Row” in London which he spent more than $470 million for.

Who is the CEO of ArcelorMittal and what is his net worth?

Lakshmi Mittal net worth: Lakshmi Mittal is chairman and CEO of the world’s largest steel making company ArcelorMittal who has a net worth of $11 billion. Lakshmi Mittal was born into a wealthy Indian steel family.

Who is Lakshmi Mittal’s daughter Vanisha married to?

Mittal bought No. 9A Palace Greens, Kensington Gardens, formerly the Philippines Embassy, for £70 million in 2008 for his daughter Vanisha Mittal who is married to Amit Bhatia, a businessman and philanthropist.