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Lakshmi Narayan Mittal

CONTENTS

BIOGRAPHY
Born in 15 June 1958 In Sadulpur , Rajasthan, India. Nationality: Indian Residence: London, England. Net Worth: $ 45 Billions Religion : Hinduism Education: B.Com in business & Accounting.

Family Background
Mohan Mittal & Geeta Mittal are his parent.

& Usha Mittal his wife

He had a two childern Aditya Mittal Vanisha

Crisis faced by L.N.Mittal and how he got victory over them?


Mittal narrated that in 1948 when he

became the head of company his company was going under loss. All his workers and employees left him because they said there is no future. At the same time Arcleor company at that time which was the number one steel maker.

Awards
1996: Steelmaker of the Year - New Steel. 1998: Willy Korf Steel Vision Award - American Metal

Market and PaineWebers World Steel Dynamic. 2004: He was awarded by Fortune magazine European Businessman of the Year. 2007: He was awarded Padma Vibhushan 'second in the hierarchy of civilian awards' by the President of India. 2008 : Mr. Mittal has been a director of Goldman Sachs since June 2008. 2010: "Dostyk" 1, the highest civilian award of Kazakhstan for his contribution to the development of Republic of Kazakhsta.

The rises of LN Mittal lesson for investors


A company in the commodity industry can haveanly

sustainable competitive advantages from two sources superior management and enduring low cost position.
Consolidation in a commodity industry improves the

profitability of the top firms as it gives them better pricing power.

Life Style
LN Mittal bought world's costliest home in UK. Joint owner head of Formula One team. Renault Formula One Team.

Having 20% of Queens Park Rangers Football club.

The factory became gold which he touched.

He made gold mine his factory. He made

DIAMOND from stone with his efforts and hard working.


From this we learn that nothing is possible

for us, the need is to have faith and a ambition to achieve goals and a desire to be success then no one can stop you.

Thank You

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