Fifth Spot: Lakshmi Narayan Mittal
Lakshmi Narayan Mittal (also known
as Lakshmi Niwas Mittal) is a billionaire
industrialist, born on 15 June 1950 in Sadulpur, in Churu district
of Rajasthan, India, and currently residing in Kensington Palace
Gardens, London, UK. He is currently the 5th richest man in
the world according to Forbes Rich List, with a worth of $28.7
billion, and is the richest person in Britain. Lakshmi Mittal
is also the richest man in the world who does not reside in
the U.S. or carry U.S. Citizenship. He is a Citizen of India.
Fortune |
Business |
Country |
Status |
28.7 Billion |
Steel manufacturing |
India |
Married, 2 children
|
|
He is chairman and CEO of the Mittal Steel Company
NV, which is the world's largest producer of steel. He was the
Fortune European Businessman of the Year for 2004. In 2002 he
was embroiled in a political scandal dubbed Mittalgate
with British Prime Minister Tony Blair when it was felt that
a donation Mittal had made to the United Kingdom Labour Party
had led to Blair's intervention (a letter to the Romanian prime
minister) in a business deal favouring Mittal. On July 13, 2005
it was announced that he had donated £2 million to the
Labour Party.
|
He is the wealthiest person in Britain
according to the Sunday Times Rich List 2005. His residence
in Kensington, bought in 2003 for £70 million ($128
million) from Formula One car racing boss Bernie Ecclestone,
is the most expensive house ever purchased. It is situated
in an area known as Billionaire's Row, which is too exclusive
for just millionaires. Many people know this residence
as the "Taj Mittal". He paid over $60 million to host
his daughter's wedding celebration in Versailles in 2004.
It is now the most expensive wedding in the world. (wiki)
|
|
|