WHO IS LAKSHMI MITTAL?
Billionaire Lakshmi Niwas Mittal was born into an Indian Hindu business family in 1950, one of four children.
He graduated from the University of Calcutta and in 1976 followed in his father's footsteps by opening his first steel factory.
Mittal was named as the wealthiest man in the UK for six years in a row according to the Sunday Times Rich List - but came in at fifth place in 2018.
Billionaire Lakshmi Niwas Mittal was once the wealthiest man in the UK
In 2011 he was ranked the sixth richest man in the world but dropped to 21st place in 2012, due to having lost $10.4billion the previous year.
The steel magnate, 67, provides the steel for one in four of the world’s cars and his family has a stake in Queens Park Rangers football club.
His father built a steel firm in India and the metal industry has been a part of his life since childhood.
He made his billions by acquiring and turning around underperforming rivals across the globe.
Mittal has lived in London since 1995 and owns three houses in Kensington Palace Gardens worth more than £300 million.
He once owned the world's most expensive house (£57m in west London).
In 2008, he spent £70m buying a home for his daughter Vanisha after her marriage to Amit Bhatia, having splashed out $78m on the ceremony.
Last year, David Cameron was caught on camera telling Mr Mittal that Brexit had been 'a mistake, not a disaster'.
Read articles that feature this panel
Cream of the fashion world descend on London as daughter-in-law of Indian billionaire Lakshmi Mittal hosts annual party at her palatial home
The star-studded soirée was hosted by Megha Mittal, the fabulously wealthy daughter-in-law of steel magnate Lakshmi Mittal, at her home...
Most watched News videos
- Corner shop burglar is confronted by customer with karate black belt
- 'You know I'm Sussex now': Awkward moment Meghan addresses name
- Moment Drew Barrymore presents Meghan Markle with a photo of Diana
- Shocking moment killer paedo Sidney Cooke is attacked in jail
- Drew Barrymore introduces Meghan Markle using family name Sussex
- 'I'm not as cool as you' Meghan misunderstands Mindy's joke
- Kyle Clifford questioned by officers following crossbow killing
- Parisian on ski lift hurls big snowball on tourists seated below
- Weapon-wielding delivery driver and sons confront customer
- Woman seen 'forcing' her mother to sign a new will on her deathbed
- Trump on hot mic thanking Justice John Roberts
- Horrifying moment paraglider plunges 656ft to his death
