Read it , laxmi niwas mittal

CA Rajat Jain (CA) (1677 Points)

07 October 2011  

 

Lakshmi Narayan Mittal (लक्ष्मी मित्तल; born 15 June 1950)[4] is an Indian steel magnate. He is the chairman and chief executive officer of ArcelorMittal, the world’s largest steelmaking company.

Mittal is the richest man in India and the United Kingdom[5], and Europe[6] and is presently thefourth richest individual in the world with a personal wealth of US$31.1 billion.[3] He is the 44th "most powerful person" of the 68 individuals named in Forbes's Most Powerful People list. His daughter Vanisha Mittal's wedding was the most expensive in the recorded history of the world.[7][8]

Mittal is an independent director of Goldman Sachs, member of the Board of Directors ofEuropean Aeronautic Defence and Space Company,[9] World Steel Association, Foreign Investment Council in Kazakhstan, the International Investment Council in South Africa, the Investors' Council to the Cabinet of Ministers of Ukraine, the World Economic Forum’s International Business Council, the World Steel Association's Executive Committee, the Presidential International Advisory Board of Mozambique and the International Iron and Steel Institute’s Executive Committee.[10]

He also presently serves as a board council member of the Prime Minister of India's Global Advisory Council of Overseas Indians.[11] and members in the Advisory Board of the Kellogg School of Management, Executive Board at Indian School of Business and St. Xavier's College, Calcutta Alumni Association, London Chapter.[citation needed]

In 2006, Financial Times named him "Person of the Year". In 2007, Time magazine included him in their "100 most influential persons in the world".[12]