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IPER PGDM, BhopalAniket Busha;
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Laxmi Narayan MittalThe steel baron
Presented by- Aniket Bushal Mohit Malviya Shrikant
INTRODUCTION
Born on June 15, 1950, Sadulpur, Rajasthan, India.
Graduated from St. Xavier’s College, Calcutta.
In 1976 he founded “Mittal Steel.”
In 1994 split from the family and made his own way.
April 12, 2023shovit
CEO & Chairman of Arcelor Mittal
BUSINESS EMPIRE
Fortune of US $ 40 billion according to Forbes.
Company produces over 103 million tones of steel annually.
Global steel producer with operations on 18 countries.
Largest steel maker in the world.
CONTRIBUTION TOWARDS BUSINESS
Major acquisitions by buying up a network of steel producers in countries like Kazakhstan, Romania and Ukraine.
Pushing into the U.S. in 2004 with the $4.5 billion purchase of International Steel Group.
Risk taking factor makes Arcelor Mittal stronger. Example: The case of factories in Indonesia and Trinidad and Tobago.
Outstanding vision.
Multiple investments. Example: Recently, Mittal had emerged as a leading contender to buy and sell Barclays Premiership football clubs Wigan and Everton.
Future plans
PERSONALITY
Mechiavellist
Self-efficient & risk bearer
Agreeable
Openness
World citizen without roots
Great donator
PERSONAL WEALTH AND AWARDS
Richest person in UK.
As of March 2009, 8th richest person globally.
2008: Padma Vibhushan
2006: Person of the Year - Financial Times
2004: European Businessman of the Year - Fortune magazine
Always think outside the box and embrace opportunities that appear, wherever they might be.