Lakshmi Mittal
$25.77B
$898.7M (-3.4%)
as of 03/13/26
About Lakshmi Mittal
Lakshmi Mittal serves as chairman of $61.3 billion (revenue) ArcelorMittal, the world's largest steel and mining company by output.
Hailing from a steel clan, he separated from his siblings to start Mittal Steel then went on to merge the company with France's Arcelor in 2006.
ArcelorMittal reported net income of $3.15 billion in 2025, a 142% rise from $1.3 billion in 2024.
In 2021, Mittal ceded the CEO's position to his son, Aditya Mittal, but retained the title of executive chairman of ArcelorMittal.
A long-time resident of the U.K., Mittal shifted his base to Switzerland following an exodus of the wealthy hit by the U.K.'s new tax regime.
Personal stats
Citizenship
IndiaSource of wealth
SteelResidence
London, United KingdomMarital status
MarriedBirth date
06/15/50 (age 75)Number of children
2Education
Bachelor of Arts/Science, St Xavier's College CalcuttaSelf-made
inherited and growingLakshmi Mittal’s fortune is worth
429K
troy ounces of gold
396K
median U.S. household
258K
median U.S. income
0.515%
U.S. credit card volume
0.103%
GDP of the United States
0.076%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Mittal has received the Padma Vibhushan, India's second highest civilian honour, and a Forbes Lifetime Achievement Award.
Net worth over time
Real-time ranking
Financial assets
EURONEXT AMSTERDAM | APAM-NL
AperamEURONEXT AMSTERDAM | MT-NL
ArcelorMittalLONDON | BREE-GB
Breedon Group PLCLONDON | NOG-GB
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