Full Name: Lakshmi Niwas Mittal
Born: June 15, 1950 – Sadulpur, Rajasthan, India
Known For: Founder and Executive Chairman of ArcelorMittal
Industry: Steel, Global Business
Story:
Born in a modest household in rural Rajasthan, Lakshmi Mittal went on to become the world’s largest steelmaker. After completing his B.Com from St. Xavier’s College, Kolkata, he joined the family steel business but soon ventured out on his own.
In 1976, he started his first steel plant in Indonesia. From there, he expanded aggressively across continents, acquiring underperforming steel plants and turning them profitable. His biggest move came in 2006, when he orchestrated the historic merger of Mittal Steel and Arcelor, creating ArcelorMittal, the largest steel company in the world.
Despite his enormous wealth, Mittal is also known for philanthropy, supporting education, sports (like Indian wrestling), and global health initiatives.
Key Achievements:
- Chairman of ArcelorMittal, operating in over 60 countries
- Ranked among the world’s richest individuals
- Donated millions to causes in education, sports, and medicine
- Symbol of Indian entrepreneurship on the global stage
Famous Quote:
“Hard work and vision are the steel that forge success.”
Legacy:
Lakshmi Mittal is living proof that global empires can rise from humble beginnings. His story is not just about business—it’s about bold decisions, resilience, and relentless growth, inspiring generations of entrepreneurs in India and beyond.
