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One of the top Billionaires in India

Monday, December 17, 2007 by Credit Card Toplist

Today I am going to talk about one of the top billionaires in India Lakshmi Narayan Mittal the richest billionaire in India even though he lives in London. He was born June 15, 1950 in a village named Salpur. Even though he is in top billionaires in thee world ranking 5th place all the wealth he has accumulated was not given to him well at least majority of it.He is grandfather worked for a leading industrial company in India and his Father was a partner in Calcutta steel company which made his father rich though not top billionaires status yet.

After recieving his bachelor he started to work at his father steel plant this happen around 1976. The company was divided between brothers and fathers which led him to the International part. Even though the shares of the company were even out Lashmi surpased his brothers in record time and becoming he wealthiest person in London in 2004 which made him the one of the top billionaires in the Uk region. The name of his steel company is Arcelor Mittal which his son and daughter share top positions in the company.

The reason because of his dramatic amount of wealth is based on the inflating rupy that is skyrocketing.I believe in no time he will be thee top billionaire world. Even hough his net worth is a mere 51 billion dollars No one in the continent of Asia can top him. Also having the esteem f being one of the top billionaires in the world he also was on Time's top 100 Most influential poeple list. He is one my most favorite billionaires on Forbes 400 but I tell you to keep an eye on him because he would surely be on the top


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