Lakshmi Mittal Net Worth
How Much Does Lakshmi Mittal Make?
Lakshmi Mittal is an Indian steel tycoon and the chairman and chief executive officer of ArcelorMittal.
As of July 2010, Mittal is the richest man in Europe and the fifth richest in the world with a personal wealth of US$ 28.7 billion or £19.3 billion. The Financial Times named Mittal Person of the Year in 2006. In May 2007, he was named one of the "100 Most Influential People" by Time magazine.
Forbes has Estimated his Net Worth US $ 28.7 Billion making him world’s fifth richest person in 2010 after Mukesh Ambani.
His Annual Salary is around US $ 3.5-4 Million.
He was born in Sadulpur village, in the Churu district of Rajasthan, India. Lakshmi Nivas Mittal was born into a business family of Rajasthan. He comes from a wealthy Indian steel family - his father, Mohan Lal Mittal, ran a steel business, Nippon Denro Ispat. Until the 1990s, the family's main assets in India were a cold-rolling mill for sheet steels in Nagpur and an alloy steels plant near Pune. Today, the family business, including a large integrated steel plant near Mumbai, is run by Lakshmi's brothers, Pramod and Vinod, but Lakshmi has no connection with it.
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