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Lakshmi Mittal Net Worth 2026: Income, Assets, Cars, Houses & Lifestyle

Lakshmi Mittal
  • Full Name: Lakshmi Niwas Mittal
  • Born (Age): June 15, 1950 in Sadulpur, India
  • Height: 175 cm
  • Occupation: Indian billionaire businessman and steel magnate

Lakshmi Niwas Mittal is an Indian billionaire businessman and steel magnate based in the United Kingdom. Mittal was born on 15 June 1950 in Sadulpur, Rajasthan, India. Lakshmi Mittal joined Shri Daulatram Nopany Vidyalaya, Calcutta, from 1957 to 1964. He graduated from St. Xavier's College, affiliated to the University of Calcutta, with a B.Com degree in the first class.

Lakshmi Mittal Net Worth

Being an Indian-origin steel magnate, Lakshmi Mittal, known as the "King of Steel" and executive chairman of ArcelorMittal, ranks among the richest individuals in India and globally. Mittal has roughly 40% ownership of ArcelorMittal and also holds multiple other assets, including real estate, such as a mansion on London's "Billionaires' Row," purchased for £57 million in 2004.

In 2008, Lakshmi Mittal's net worth peaked, assessed by The Sunday Times at £27.70 billion and by Forbes at US$45.0 billion, and he was rated as the fourth-wealthiest individual in the world. As of 2022, he was ranked as the 15th richest man in India by Forbes. As of the current data, Mittal's estimated net worth is roughly $21.4 Billion in USD.

Businesses Lakshmi Mittal have

As we know, Lakshmi Mittal is an Indian business tycoon who was ranked the sixth-richest person in the world by Forbes in 2011. He owns 38% of ArcelorMittal and holds a 3% stake in EFL Championship side Queens Park Rangers.

Lakshmi Mittal's Wife and Kids

Lakshmi Mittal is married to Usha Dalmia; the couple have a son, Aditya Mittal (Aditya Mittal is an Indian business heir and the CEO of ArcelorMittal) and a daughter, Vanisha Mittal.

You know Lakshmi Mittal is a successful Indian businessman and generally lives a very simple lifestyle, but also has a car collection that primarily features ultra-luxury sedans and high-end SUVs, along with a few performance cars, emphasising comfort and status over ostentation. Below is the complete list of car collections, that includs only top-tier luxurious cars. 

Luxury Car Collection of Lakshmi Mittal

  • Mercedes-Maybach S-Class: A top-tier luxury sedan known for its extreme comfort and prestige, often chosen for chauffeur-driven experiences.  
  • Rolls-Royce Phantom: One of the most iconic ultra-luxury cars, frequently favoured by billionaires.  
  • Bentley Mulsanne: A handcrafted British luxury car that combines performance with elegance.  
  • Range Rover Autobiography: A premium SUV that offers both luxury and off-road capability.  
  • Ferrari 599 GTB Fiorano: A high-performance sports car that embodies a passion for speed and exclusivity.