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Laxmi Narayan Mittal The steel baron Presented by- Aniket Busha Mohit Malviy Shrikant

Ln mittal

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IPER PGDM, BhopalAniket Busha;

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Page 1: Ln mittal

Laxmi Narayan MittalThe steel baron

Presented by- Aniket Bushal Mohit Malviya Shrikant

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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.

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April 12, 2023shovit

CEO & Chairman of Arcelor Mittal

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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.

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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.

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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

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PERSONALITY

Mechiavellist

Self-efficient & risk bearer

Agreeable

Openness

World citizen without roots

Great donator

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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

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Always think outside the box and embrace opportunities that appear, wherever they might be.