Lakshmi Mittal Net Worth 2023: Assets, Income, Career

Lakshmi Mittal Net Worth is $18.3 billion. A wise man once said, “Working hard pays off. Nowadays, many people work hard, so you must work even harder and fully commit to your goals and aspirations.” Lakshmi Mittal is a true example of this saying. The amount of money he has can outshine even the world’s richest men. 

With his strong belief and unwavering enthusiasm to work harder, Mr Lakshmi Mittal deserves to be at the pinnacle of his career. Also, he is India’s steel magnate and one of the richest billionaires, currently holding the title of the second richest Indian.

Lakshmi Mittal Net Worth

Mr Lakshmi Mittal’s net worth is estimated at 18.3 billion USD, equivalent to approximately 1.33 Lakh Crore Indian Rupees. Also, he founded the Mittal Champions Trust to support and uplift Indian athletes in their pursuits. Additionally, he actively participated in fundraising for Comic Relief in 2007.

Earnings 

Let’s explore Mr Mittal’s businesses, interests, and wealth. He is the CEO and Chairman of Arcelor Mittal, the world’s largest steel maker. Starting in his father’s steel business, Mr Mittal went on to establish LNM (Lakshmi Niwas Mittal) Steel Company. Also, it has now become a multibillion-dollar global enterprise, producing 42.1 million tons of steel annually. 

He also holds significant ownership in the soccer club Queens Park Rangers F.C. Furthermore, Mr Mittal serves on the boards, executive committees, and councils of various companies worldwide.

Lakshmi Mittal Assets

Taj Mittal, a lavish residence in London, boasts the same marble used to construct the Taj Mahal. Also, it features 12 bedrooms, a grand ballroom, a stunning bejewelled pool, a spacious parking garage for over 15 cars, and many other luxurious amenities. Currently, Mr Mittal resides in this mansion, which he acquired for 128 million USD (Rs. 817.75 Crore).

The luxurious penthouse home, located at 148-150 Old Park Lane in London, spans across 5,500 square feet. In addition, Mr Mittal is the owner of the Hard Rock café situated in the same building.

Auto Collection

Mr Mittal has a fancy yacht called Amevi, also known as Gizmon-Laden, which is 267.47 feet long and cost a staggering 150 million USD when it was built in 2007. Also, this fancy yacht is used for parties with celebrities and billionaire friends. He also owns a luxurious private jet known for its speed. Furthermore, his collection of 20 posh cars includes brands like Mercedes and BMW. Mr Mittal has two extravagant vanity vans with spacious bedrooms, kitchens, living areas, and entertainment facilities.

Dependency

He is the world’s largest steel maker, and it is said that every 5th car uses his company’s steel. Looking at his current performance and annual growth, we can be confident that his net worth will continue to grow in the coming years.

Average Salary

Also, here is a breakdown of his average salary. 

Biography

Mr Lakshmi Mittal, also known as Lakshmi Niwas Mittal, was born on September 2nd, 1950 in Rajasthan, India. Also, he attended Shri Daulatram Nopany Vidyalaya in Calcutta from 1957 to 1964. Furthermore, Mr Mittal earned a B.Com degree from the University of Calcutta. Moreover, he became interested in business from a very early age. 

Charitable Causes

Lakshmi Mittal frequently donates to charitable causes. Also, he takes a great interest in India’s sports scene. He observed once that India doesn’t have adequate sports facilities. Furthermore, he decided to create one such facility for budding facilities. The Mittal Champions Trust happened as a result. 

FAQs

1. What is the net worth of Lakshmi Mittal?

Lakshmi Mittal’s net worth is $18.3 billion

2. How old is Lakshmi Mittal?

Lakshmi Mittal is currently 72 years old.

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