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The World's Billionaires
#4 Lakshmi Mittal
03.05.08, 6:00 PM ET

< Previous: William Gates III Next: Mukesh Ambani >

John Thys/AFP/Getty Images
Age: 57

Fortune: inherited and growing

Source: steel

Net Worth: $45.0 bil

Country Of Citizenship: India

Residence: London , United Kingdom, Europe & Russia

Industry: Manufacturing

Marital Status: married, 2 children

Education: St Xavier's College Calcutta, Bachelor of Arts / Science

Heads world's largest steelmaker, $105 billion (sales) ArcelorMittal, which accounts for 10% of all crude steel production. Just delivered 580 tons to be used in construction of the World Trade Center memorial in New York. With 44% stake, is the company's largest shareholder. Longtime resident of London is Europe's richest resident.

< Previous: William Gates III Next: Mukesh Ambani >

Distribution of Billionaires by Residence

Diameter of disc reflects size of fortune. The red disc indicates Lakshmi Mittal



< Previous: William Gates III Next: Mukesh Ambani >

For billionaires with publicly traded fortunes, net worths were calculated using share prices and exchange rates from February 11, 2008.



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