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Lakshmi Mittal

Lakshmi Mittal

Lakshmi Mittal (#76)

  • $ 29 B
  • Steel
  • India
  • M
  • 75 Years

About Me

Lakshmi Mittal serves as chairman of $62.4 billion (revenue) ArcelorMittal, the world's largest steel and mining company by output. Hailing from a steel clan, he separated from his siblings to start Mittal Steel then went on to merge the company with France's Arcelor in 2006. ArcelorMittal reported net income of $1.3 billion in 2024, an over 40% rise from $919 million in 2023. In 2019, Arcelor and Nippon Steel completed their $5.9 billion acquisition of Essar Steel, once controlled by former billionaires Shashi and Ravi Ruia. In 2021, Mittal ceded the CEO's position to his son, Aditya Mittal, but retained the title of executive chairman of ArcelorMittal.
About Images

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Lakshmi Mittal’s rise and global influence.

  • #12   India's Richest (2025)
  • #103   Billionaires (2025)

Wealth Growth

Net Worth Growth Over Time

Tracking Lakshmi Mittal’s net worth journey over the years, highlighting key growth phases and financial milestones.

Current Net Worth: $29.3B (February 5, 2026)

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