Lakshmi Mittal

{ "bio": [ "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." ], "about": [ "In 2019, Arcelor and Nippon Steel completed their $5.9 billion acquisition of Essar Steel, once controlled by former billionaires Shashi and Ravi Ruia.", "Mittal has held a board seat at Goldman Sachs since 2008.", "Mittal has received the Padma Vibhushan, India's second highest civilian honour, and a Forbes Lifetime Achievement Award." ] }