Lakshmi Mittal

Indian steel magnate

Lakshmi Mittal is remembered in business for decisions whose consequences outlived the decade that made them.

The record lists Lakshmi Mittal as Indian steel magnate.

Lakshmi Mittal was born at Rajgarh in 1950. His recorded nationality is India. He was educated at St. Xavier's College, Kolkata and University of Calcutta.

Post-war business was mass-market and increasingly multinational, managed by professionals rather than owners.

He worked as businessperson and entrepreneur.

His recorded holdings include ArcelorMittal, Amevi and Value Holdings II.

What a company leaves behind is usually infrastructure, habit and employment rather than a name.

Recognition followed: Bessemer Gold Medal, Dostyk Order of grade I (2010) and Grand Cross of the Order of Civil Merit (2007).

That the business was built from India shaped it: capital, regulation and market size differ by country, and they decide what is even attemptable.

Achievements

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