- LATEST
- WEBSTORY
- TRENDING
BUSINESS
Meet man from a very poor family who slept in rope bed, now rules the steel world, he is...
In this article, we will walk you through the fascinating journey of a man who was raised in a poor Indian family and later came to be recognised as one of the world's top business tycoons.
Updated : Apr 11, 2025, 09:09 PM IST
 "Representative Image (iStock)")
TRENDING NOW
)
Viral video: Young couple shows PDA in Bengaluru Metro, internet is stunned
)
Meet Delhi's richest man, started business from garage, beat Mukesh Ambani, Ratan Tata, Gautam Adani in...
)
Why Arjun Tendulkar not been included in Mumbai Indians' Playing XI so far? Sachin Tendulkar and his family are..
)
'I will give you interview, but give me food': Meet 'king of B-grade films' who had no money, then became star, worked in 6 shifts, did 18 films together
)
India's first batch of 40 'Purple officers' complete training in Tamil Nadu, here's all you need to know about them
)
Viral video: Man calls police as he finds wife with lover at home, says 'she can bury me in drum'
)
Viral Video: Woman police officer held 'inappropriately' while arresting men, netizens say, 'Cancerous mentality'
)
Ratan Tata's TCS loses Rs 110351 crore in just 96 hours after...; becomes biggest...
)
Meet man who scored 100 percentile in JEE Mains with rank 14, then cleared JEE Advanced with rank 2, later went to Berkeley for...
)
This superstar 'lost control' during intimate scene with Madhuri Dixit, bit her lip, left her bleeding, in tears, film became superhit, it was..
)
Meet Pulkit Kejriwal, ex-Delhi CM Arvind Kejriwal's son, who scored 96% in CBSE, cleared IIT-JEE and went to IIT-Delhi
)
Man who cleared JEE, GATE, pursuing PhD at IIT Delhi, earns only Rs 35000, viral LinkedIn post says, 'Scholars are being...'
)
Abhishek Bachchan flies out of Mumbai with mom Jaya Bachchan, niece Navya Nanda; fans ask 'where is Aishwarya, Aaradhya'
)
Sachin Tendulkar's kids Sara Tendulkar, Arjun Tendulkar studied in this school, college, know about their educational qualifications, career
)
Sachin Tendulkar heavily criticised this ICC rule but it is all set to change now, find out what it does
Lakshmi Mittal, Chairman of ArcelorMittal, ranks as one of the wealthiest individuals across the globe. With a staggering net worth of around USD 16.3 billion (Rs 1,35,282 crores), he is known as the Indian steel magnet who transformed the steel industry. Let’s delve into his journey further.
Background: Born on June 15, 1950 in Rajasthan’s Sadulpur, He studied at Shri Daulatram Nopany Vidyalaya, Calcutta. Later, he pursued his graduation from St. Xavier's College with a degree in B.Com. Lakshmi's father, Mohanlal Mittal, ran a steel business, Nippon Denro Ispat. Mittal, now counted among the world’s top business tycoons, was raised in a poor family. As per media reports, Mittal’s family lived on bare concrete floors and slept on rope beds. In 1976, because of the curb of steel production by the Indian government, Lakshmi Mittal, then 26, opened his first steel factory PT Ispat Indo in Sidoarjo, Indonesia. In 1989, Mittal also purchased two steel ventures that were running in loss. He later turned them into profitable businesses.
Personal life: Lakshmi Mittal is married to Usha Dalmia. They are parents to a son named Aditya Mittal and a daughter named Vanisha Mittal.
At present, Mittal serves as the executive chairman of ArcelorMittal- the world's second largest steelmaking company as well as chairman of stainless steel manufacturer Aperam. In 2021, Mittal appointed his son, Aditya Mittal as the CEO of the firm. However, he retained the title of executive chairman of ArcelorMittal.
