Lakshmi Mittal

Lakshmi Mittal serves as chairman and CEO of ArcelorMittal, the world's biggest steelmaker.Hailing from a steel clan, he separated from his siblings to start Mittal Steel then went on to merge the company with France's Arcelor in 2006.Benefiting from an uptick in steel, the company reported double-digit growth in net profit to $5.1 billion in 2018 on revenue of $76 billion.ArcelorMittal completed the $2.1 billion acquisition of Italy's loss-making steel group Ilva in November 2018.In 2018, his $5.9 billion bid for bankrupt Essar Steel, once controlled by billionaires Shashi and Ravi Ruia, was accepted by Essar's creditors.