Who Is Lakshmi Mittal? Age, Biography and Wiki
Lakshmi Mittal, born on June 15, 1950, in Sadulpur, India, is a renowned Indian steel magnate who has significantly influenced the global steel industry. As of 2025, Lakshmi Mittal is 74 years old. He is best known as the Chairman and CEO of ArcelorMittal, the world’s largest steel-making company. His business acumen and strategic investments have made him one of the wealthiest individuals in the world, with a practical synergy between his ventures and philanthropic work.
| Occupation | Billionaire |
|---|---|
| Date of Birth | June 15, 1950 |
| Age | 75 Years |
| Birth Place | Sadulpur, Rajasthan, India |
| Horoscope | Gemini |
| Country | India |
Popularity
Lakshmi Mittal's Popularity over time
Height, Weight & Measurements
While specific details regarding Lakshmi Mittal's height and weight are not widely documented, he is generally described as having a dignified presence representative of a leading business personality. As of 2025, he maintains a professional appearance, suitable for high-profile meetings and events typical of his status in the corporate world.
Family, Dating & Relationship Status
Lakshmi Mittal is married to Usha Mittal, and together, they have one son, Aditya, and one daughter, Vanisha. The couple has enjoyed a stable marriage since 1991. As a private individual, Mittal tends to keep personal matters out of the spotlight, focusing primarily on his family rather than publicly discussing his relationship dynamics.
Lakshmi's father, Mohanlal Mittal, ran a steel business, Nippon Denro Ispat. In 1976, because of the curb of steel production by the Indian government, the 26-year-old Mittal opened his first steel factory PT Ispat Indo in Sidoarjo, East Java, Indonesia.
Net Worth and Salary
As of 2025, Lakshmi Mittal's estimated net worth stands at approximately $18 billion. His wealth arises from his extensive investments within the steel industry, yielding a substantial salary that significantly contributes to his overall earnings. The ongoing growth of ArcelorMittal and its operations across various countries continues to bolster his financial standing.
Lakshmi Mittal has two brothers, Pramod Mittal and Vinod Mittal, and a sister, Seema Lohia, who married Indonesian businessman, Sri Prakash Lohia.
His residence at 18–19 Kensington Palace Gardens—which was purchased from Formula One boss Bernie Ecclestone in 2004 for £67 million (US$128 million)—made it the world's most expensive house at the time. The house is decorated with marble taken from the same quarry that supplied the Taj Mahal.
The extravagant show of wealth has been referred to as the "Taj Mittal". It has 12 bedrooms, an indoor pool, Turkish baths and parking for 20 cars. He is a lacto-vegetarian.
Career, Business and Investments
Lakshmi Mittal's career spans over four decades, with pioneering efforts that led to the globalization of the steel industry. He founded Mittal Steel Company in the late 1980s, which eventually merged with Arcelor in 2006 to form ArcelorMittal. His approach focused on optimizing production, expanding operations internationally, and thus capturing a dominating market share. Furthermore, his investments transcend the steel industry, involving ventures in mining, energy, and real estate.
Lakshmi Niwas Mittal (born 15 June 1950 in Sadulpur, Rajasthan, India) is an Indian steel magnate, based in the United Kingdom. He is the executive chairman of ArcelorMittal, the world's second largest steelmaking company, as well as chairman of stainless steel manufacturer Aperam. Mittal owns 38% of ArcelorMittal and holds a 3% stake in EFL Championship side Queens Park Rangers.
Social Network
Lakshmi Mittal is an influential figure on social media and often uses platforms to promote his business initiatives and philanthropic efforts. Though he maintains a relatively low profile, he encourages networking through professional platforms like LinkedIn, where he engages with business community members and fellow industry leaders.
Education
Mittal completed his Bachelor of Commerce degree from the University of Calcutta, where he developed a strong foundation in business. He later pursued practical experience in his family's steel business, which laid the groundwork for his future endeavors. His education and early exposure to the industry significantly propelled him into becoming a leading steel entrepreneur.
He studied at Shri Daulatram Nopany Vidyalaya, Calcutta from 1957 to 1964. He graduated from St. Xavier's College, affiliated to the University of Calcutta, with a B.Com degree in the first class.
Conclusion
Lakshmi Mittal continues to be a formidable force in the steel industry as of 2025, with a remarkable career marked by success and strategic vision. His accomplishments reflect a blend of entrepreneurial spirit and a commitment to family and philanthropic efforts, making him an enduring figure in the business world. With a wealth of experience and expertise, Mittal remains a leading example of leadership and innovation in global commerce.
