Lakshmi Niwas Mittal (pronunciation ; born 15 June 1950) is an Indian steel magnate, based in the United Kingdom. He is the chairman and CEO of ArcelorMittal, the worlds largest steelmaking company. Mittal owns 38% of ArcelorMittal and holds an 11% stake in Queens Park Rangers F.C..
In 2005, Forbes ranked Mittal as the third-richest person in the world and become first Indian to be ranked in top ten Forbes list. 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. In spite of the drop, Forbes estimated that he still had a personal wealth of US$16 billion in October 2013. In 2017, Forbes ranked him as the 56th-richest person in the world with a net worth of US$20.4 billion. He is also the 57th-most powerful person of the 72 individuals named in Forbes Most Powerful People list for 2015. His daughter Vanisha Mittals wedding was the second-most expensive in recorded history.Mittal has been a member of the board of directors of Goldman Sachs since 2008. He sits on the World Steel Associations executive committee, and is a member of the Global CEO Council of the Chinese Peoples Association for Friendship with Foreign Countries, the Foreign Investment Council in Kazakhstan,, the World Economic Forums International Business Council, and the European Round Table of Industrialists.He is also a member of the board of trustees of the Cleveland Clinic.In 2005 The Sunday Times named him Business Person of 2006, the Financial Times named him Person of the Year, and Time magazine named him International Newsmaker of the Year 2006. In 2007, Time magazine included him in their Time 100 list.