Jose Maria Aristrain

$1.32B

as of 07/05/24

About Jose Maria Aristrain

Jose Maria Aristrain is the former owner of steelmaker Arcelor, which was acquired by Mittal Steel in 2006 for nearly $34 billion in cash and stock.

He is now believed to own a 2% stake of ArcelorMittal, among the world's largest steel companies.

He owns about 11% of Spain's Tubacex, the second-largest global manufacturer of seamless stainless steel tubes.

Aristrain inherited the business conglomerate when he was 24 years old, after his father, also named Jose Maria Aristrain, died in 1986 in a helicopter crash on the Cote d'Azur.

Aristrain was accused of tax evasion in Spain and faced 40 years in prison, but he maintained his innocence and the Court of Madrid acquitted him in January 2022.

Personal stats

Citizenship

Spain

Source of wealth

Steel

Residence

Gstaad, Switzerland

Marital status

Married

Birth date

11/02/62 (age 61)

Number of children

Self-made

inherited and growing