Lakshmi Mittal net worth

Lakshmi Mittal net worth

Net Worth: $16 Billion

About Lakshmi Mittal

Lakshmi Mittal net worth

It has been claimed that the overall amount of Lakshmi Mittal net worth today reaches as high as 16 billion dollars, which makes him one of the richest people not only in India, but also in the rest of the world. He has earned such a huge net worth through his involvement into business, as he is known to be the CEO of the world’s largest steel making business called ArcelorMittal. He is not only working as a CEO of the company, but also is the company’s chairman. Holding these positions has increased the total amount of Lakshmi Mittal net worth by a mile.

Lakshmi Mittal was born in a family from India, which was very wealthy due to its steel making. Thus, Lakshmi Mittal future was well known as soon as he was born – he would be included in the family business, as well, as it happened. Lakshmi Mittal net worth in fact makes him the number 1 richest person in India.

He is regarded as the wealthiest man not only in India, but also in the whole continent of Asia as well as in the United Kingdom. Talking about his financial status in Europe, he is regarded as the second richest person there.

Moreover, on a global scale, Lakshmi Mittal is considered to be in the 21st position of the list of the richest people in the world. This is not surprising when taking a look at the numbers of Lakshmi Mittal net worth.

He started working in his family business of making steel when he was still a little boy. However, he soon began his own business, which today is known as ArcelorMittal. He began this company in Indonesia and today it is known all around the world as the largest company of steel making. In 2007, his name was included in the list of 100 Most Influential People, which was published in Time magazine.

However, his company has also received quite a lot of controversy through the years. One of such was the fact that Lakshmi Mittal is using slave labour in his workplace. Moreover, in the period of 2004-2007, mines belonging to his company exploded in Kazakhstan and as a result of it over 90 coalminers died. Other facts for which he was also a lot criticized were working conditions in his company, using which he has also accumulated his huge net worth that he has today.

Now you have an idea why Lakshmi Mittal net worth is this huge


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