Lakshmi Mittal (or Lakshmi Narayan Mittal, Hindi: लक्ष्मि नारायण मित्तल, born September 2, 1950) is a London-based Indian billionaire industrialist, born in Sadulpur village, in the Churu district of Rajasthan, India, and resides in Kensington, London.
In March 2008, Mittal was reported to be the 4th wealthiest person in the world by Forbes Magazine (up from 61st. richest in 2004) up one place since a year ago. The Mittal family owns a controlling majority stake in ArcelorMittal, the world's largest steel company.
Mon. April. 12, 2004
LONDON - An Indian steel tycoon reportedly paid $128 million for a mansion in the British capital, breaking the world record for the most expensive house purchase.
The Sunday Times said Lakshmi Mittal, named by Forbes magazine as one of the richest people in the world, bought the 12-bedroom house in London’s Kensington district from Formula One car racing boss Bernie Ecclestone.
Read more The $128 Million House
Source: MSNBC
