Personal Profile About Lakshmi Mittal
Lakshmi Niwas Mittal is an Indian-born British businessman and steel magnate. Known as the "Steel King," he is the Executive Chairman of ArcelorMittal. It is world’s largest steelmaking company. He expanded his father’s small steel business into a global empire through acquisitions in countries like Indonesia, Trinidad, Mexico, and Eastern Europe.
The Lakshmi Mittal biography tells that he was born on June 15, 1950, in Sadulpur, Rajasthan, India. He later moved to Kolkata. He is also a philanthropist, focusing on education, child health, and sports.
Lakshmi Mittal Father Died
Lakshmi Mittal father died on January 15, 2026, in London at the age of 99. His father, Mohan Lal Mittal, started the family steel business in Kolkata, taking over a struggling mill in Kolkata during the 1950s. Lakshmi described him as an extraordinary man with strong religious beliefs, a solid work ethic, and entrepreneurial vision.
Lakshmi Mittal Net Worth
Lakshmi Mittal net worth is estimated at $21.4 billion (£15.444 billion). However, it is not confirmed. He is one of top 12 richest people in India and top 100–110 billionaires in the world. Most of his wealth comes from his approximately 40% stake in ArcelorMittal, which has revenue around $62.4 billion.
He owns luxurious properties, including a mansion in London’s Kensington Palace Gardens and a $200 million estate in Dubai. He also holds stakes in the Queens Park Rangers football club.
Lakshmi Mittal Daughter
Lakshmi Mittal daughter is Vanisha Mittal Bhatia, born around 1980. She is a director at Aperam, a stainless-steel spin-off from ArcelorMittal. She previously worked in procurement and strategy for family businesses.
She married British businessman and philanthropist Amit Bhatia in a lavish 2004 wedding at the Palace of Versailles. Lakshmi gifted her a £70 million London home in 2008 and keeps a mostly private life.
Lakshmi Mittal Son
Lakshmi Mittal son is Aditya Mittal, born on January 22, 1976. He became CEO of ArcelorMittal in 2021, succeeding his father. He previously served as CFO and key executive in mergers and acquisitions.
Aditya is married to Megha Mittal, former owner of the fashion brand Escada. They have two daughters and a son. Aditya plays a major role in the family business and is seen as Lakshmi Mittal’s successor.
Lakshmi Mittal Family
The Lakshmi Mittal family originates from the Marwari Hindu community, with close ties to their heritage and a focus on business continuity and philanthropy. They moved to London in the 1990s.
He and his wife, Usha Mittal, have two children: a son and a daughter. He has two brothers, Pramod Mittal and Vinod Mittal, both involved in separate family steel interests. He also has a sister named Seema Lohia.
Lakshmi Mittal Education
Lakshmi Mittal education started at Shri Daulatram Nopany Vidyalaya (Nopany High School) in Kolkata from 1957 to 1964. He earned a Bachelor of Commerce (B.Com) degree with first-class honors from St. Xavier's College, Kolkata, affiliated with the University of Calcutta. After graduation, he joined the family steel business and gained practical experience in Indonesia starting in 1976.