Lakshmi Mittal Net Worth

$18 Billion         |         Rank #89

Who is Lakshmi Mittal

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.
Buoyed by higher steel prices, Arcelor Mittal reported net income of $15 billion in 2021 after a net loss of $733 million in 2020.
In 2019, Arcelor and Nippon Steel completed their $5.9 billion acquisition of Essar Steel, once controlled by billionaires Shashi and Ravi Ruia.
In January 2021, Mittal ceded the CEO’s position to his son, Aditya Mittal, but remains executive chairman of ArcelorMittal. Lakshmi Mittal is from those few lucky persons who were born rich. He has inherited most of the part of his Wealth. Which leads to the fact that it was comparatively easy for Lakshmi Mittal to make it into the worldwide list of billionaires and is among the wealthiest persons on earth. He is currently 71.0 years old. Lakshmi Mittal serves as chairman of $76.6 billion (revenue) ArcelorMittal, the world’s largest steel and mining company by output. As of today, Lakshmi Mittal’s net worth is roughly 18 Billion.

Facts about Lakshmi Mittal

Net Worth: 18 Billion
Billionaire Rank: 89
Age: 71.0
Date of Birth: 15-06-50
Gender: Male
Currently Living in: London, nan, United Kingdom
Birth Place: India
Source of Wealth: steel
Job Chairman and CEO at ArcelorMittal (ADR)

To find out what is Lakshmi Mittal Net Worth, how he got there and what is Lakshmi Mittal Salary Per Day, Career, Biography and Childhood details, continue reading below.

Early Life of Lakshmi Mittal

Lakshmi Mittal was born on 15-06-50 in India. But soon moved to United Kingdom, nan in the city of London and spent most of the career building here. Mittal has received the Padma Vibhushan, India’s second highest civilian honour, and a Forbes Lifetime Achievement Award. Mittal has held a board seat at Goldman Sachs since 2008.

Lakshmi Mittal net worth is estimated at 18 Billion Billion to date.

 

Lakshmi Mittal steel
Lakshmi Mittal Net Worth

Professional Journey

Lakshmi Mittal is currently working as Chairman and CEO at the world famous ArcelorMittal (ADR). You will see him often in social media.  Lakshmi Mittal serves as chairman of $76.6 billion (revenue) ArcelorMittal, the world’s largest steel and mining company by output. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. Mittal has received the Padma Vibhushan, India’s second highest civilian honour, and a Forbes Lifetime Achievement Award. In his youth, he was adventurous but unknown, but that was years ago. 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.
Buoyed by higher steel prices, Arcelor Mittal reported net income of $15 billion in 2021 after a net loss of $733 million in 2020.
In 2019, Arcelor and Nippon Steel completed their $5.9 billion acquisition of Essar Steel, once controlled by billionaires Shashi and Ravi Ruia.
In January 2021, Mittal ceded the CEO’s position to his son, Aditya Mittal, but remains executive chairman of ArcelorMittal. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Lakshmi Mittal serves as chairman of $76.6 billion (revenue) ArcelorMittal, the world’s largest steel and mining company by output.
It will not be wrong if we say that Lakshmi Mittal is one of the granted billionaires who inherited most part of the wealth and stands at 89 in most wealthiest persons in the world.

FAQs

Here are a few most frequently asked questions about Lakshmi Mittal:

How much is Lakshmi Mittal worth?

Lakshmi Mittal’s net worth is estimated to be 18 Billion.

How old is Lakshmi Mittal?

Lakshmi Mittal was born on 15-06-50, and is currently 71.0 years old.

What is Lakshmi Mittal source of income?

Lakshmi Mittal acquires most part of his wealth from steel.
 

Concluding Lakshmi Mittal Net Worth

Currently with a net worth of 18 Billion, Lakshmi Mittal stands at 89 in the world billionaires list. And draws most of his wealth from steel. Hope you like this information about Lakshmi Mittal. If you like this, then please share it with your friends. This above post is all about the estimated worth of Lakshmi Mittal. Do you have any queries? Feel free to ask via comment section.

 

Disclaimer: Please keep in mind that this is an estimated net worth of Lakshmi Mittal. Actual worth may vary a little. You can always get information by checking out Leaktown.com.