Biography of Lakshmi Mittal.
Lakshmi Niwas Mittal Lakshmi Niwas Mittal ( born 15 June 1950) is an Indian born steel magnate , based in the United Kingdom . He is the chairman and CEO of ArcelorMittal , the world's largest steel making company. Mittal owns 38% of Arcelor Mittal and holds an 11% stake in Queens Park Rangers F.C. . In 2005, Forbes ranked Mittal as the third-richest person in the world, making him the first Indian citizen to be ranked in the top ten in the publication's annual list of the world's richest people. In 2007, Mittal was considered to be the richest Asian person in Europe . He was ranked the sixth-richest person in the world by Forbes in 2011, but dropped to 82nd place in March 2015. He is also the "57th-most powerful person" o...