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Encyclopedia > Lakshmi Narayan Mittal

Lakshmi Narayan Mittal (also known as Lakshmi Niwas Mittal) is a billionaire industrialist of Indian origin currently residing in London. He is chairman of the Mittal Steel Company NV, which is the world's largest producer of steel. As of March 2004, he is among the richest people in Britain. Mittal holds steel assets in South Africa, Poland, Indonesia, and Kazakhstan.


In 2002 he was embroiled in a political scandal dubbed Garbagegate with British Prime Minister, Tony Blair when it was felt that a donation Mittal had made to the Labour party had led to Blair's intervention in a business deal favouring Mittal.


See also

External links

  • Yahoo! News - Mittal Family Forges $17.8 Bln Steel Deal (http://story.news.yahoo.com/news?tmpl=story2&u=/nm/20041025/bs_nm/minerals_ispat_dc)
  • BBC FAQ on the scandal (http://news.bbc.co.uk/1/hi/uk_politics/1818955.stm)

  Results from FactBites:
 
News India-Times.com, Online Edition (1046 words)
Lakshmi Mittal, right, chairman of Mittal Steel, the world's largest steelmaker, being welcomed by Josep Borrell, president of the European Parliament, before their meeting on Feb. 7 at the E.U. Parliament headquarters in Brussels.
Mittal, who was a student of commerce at the prestigious St. Xavier's College in the city, used to work in his father's company after classes.
Lakshmi Mittal, who derives his first name from the Hindu goddess of wealth, is candid about the fact that his Indian roots –– possibly one of the reasons Arcelor's management is resisting his bid –– has helped him build his steel empire.
  More results at FactBites »


 

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