WORLD BILLIONAIRE: Lakshmi Mittal is the 4th Richest In The World

Tuesday, July 22, 2008

With the net worth around US$ 45 billion, Lakshmi Mittal is reported as the 4th richest in the world. This man has made billions of fortune from ArcelorMittal, the world largest steel producer (with operations in more than 60 countries and has 320.000 employees). He has 44 % stake at this company, bring him to be the company's largest shareholder.

The UK's richest resident is a philantropist too. Mittal Steel is a contributor to local community and welfare activities for employees in countries where the group operates.

Billionaire's Profile:

Born : June 15, 1950 Sadulpur, Rajasthan, India

Residence : London, UK

Occupation : Chairman and CEO of ArcelorMittal

Spouse : Usha Mittal

Children : Aditya Mittal and Vanisha Mittal

Net worth : US$ 45 billion (2008)