Short biography of L. N. Mittal- Biggest Steel Maker Of The World

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Laxmi Niwas Mittal, the largest steel producer of the world was born in Sadalpur Rajasthan in 1950. His father is Mohan Lai Mittal. He got his early education in native school and later on he went to England for pursuing higher studies. Since his childhood, Laxmi Mittal has been a avowed flier and traveler. Even in the present he travels 350000 km. a year spanning 14 countries.

He travels because his empire is spread throughout the world. He manages his empire that employs some 165000 workers. He bought his Kensington home for 128 million dollor (nearly 5 million India rupees) from Formula One boss Bernie Eclestone. Such is the status and reputation of Laxmi Niwas Mittal in the world.

In today’s world not all get to live their dreams, but then you have to dream. Laxmi Mittal is one of those who dream and try to fulfill those dreams. In India, he is better known as the richest Indian but in the world he is known as the person who has chased only one dream with firm 3 termination and single mindedness that was to create new architecture for steel business.

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He has been crazy in buying and acquiring one steel firm after another. Every acquisition has been a golden moment from re rime. He took over an oiling plant in Indonesia to his biggest but the international Steel Group (ISG) in the U.S.A. after buying (ISG) in 2004 he emerged as the biggest steel maker in the world. He bought ISG on October 1, 2004 and presented it to his father who was in Tirupati as a birthday gift from a son. He is the world’s biggest steel maker and one of the top five billionaires.

He produces 70 million tonne steel every year. He has a gap of 28 million tonne between him and the next guy. Guy Dolle and Arcelor New Mittal are planning to take over Arcelor—A dutch steel company. It is the next station in the journey of dreams of Mittal. Through there are problems but we hope that he may do it again. Perhaps that would be his new golden moment.

‘Raise yourself so high that even .God ask what you want”

Only those survive who dare and show courage”.

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MITTAL STEEL: SOME FACTS

Founded

Headquarter

Industry

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Products

Revenue

Operating Income

Net Income

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Employees

Chairman

President CFO and Director

CEO

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Surpatra, Indonesia (1989)

Rotterdam Netherlands

Steel

Steel, Flat, Steel products,

coated steel, tubes and pipes

28.132 billion dollar (2005)

4.746 billion dollar

3.65 billion dollar (2005)

179000(2005)

L. N. Mittal

Aditya Mirtal

Malay Mukherjee

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