Aditya Mittal | |
|---|---|
 Aditya Mittal | |
| Born | 22 January 1976 |
| Nationality | Indian |
| Alma mater | Jakarta Intercultural School Wharton School of the University of Pennsylvania |
| Occupation(s) | CEO, ArcelorMittal |
| Spouse | Megha Mittal |
| Children | 3 |
| Parent(s) | Lakshmi Mittal Usha Mittal |
Aditya Mittal (born 22 January 1976) is an Indian business heir and the CEO of ArcelorMittal [1] [2] which was founded by his father Lakshmi Mittal, who was ranked 21st in the 2012 Forbes list of billionaires. [3]
Born in India and raised in Indonesia, Mittal attended high school at Jakarta International School. He has a bachelor's degree in economics from the Wharton School of the University of Pennsylvania in the US, from which he graduated in 1996. [4]
He worked for a short time in the mergers and acquisitions department at investment bank Credit Suisse First Boston. [5] He joined the family business in 1997 and was appointed Head of Mergers and Acquisitions in 1999, and has been involved in several purchases since then as Mittal Steel has played a major role in the consolidation of the global steel industry. He lives in London. He led Mittal Steel's offer for Arcelor that led to its acquisition and merger with Mittal Steel in 2006. [6] The two companies were merged in 2006, with the merged company being named ArcelorMittal.
In 2009, he was ranked 4th in Fortune Magazine's "40 under 40" [7] list.
In February 2021, he was appointed CEO of ArcelorMittal, succeeding his father. [8] [9]
Mittal is on the boards of ArcelorMittal, [10] Aperam, [11] Iconiq Capital, ArcelorMittal Nippon Steel India [12] and HMEL. [13]
He is a trustee at Brookings Institution, [14] a member of the WSJ CEO Council, [15] an alumnus of the World Economic Forum Young Global Leader’s Programme [16] and a member of Harvard University’s Global Advisory Council. [17]
Mittal is involved with various charitable organisations, including the NSPCC in the UK. [18]
In 2008, Aditya and Megha Mittal made a donation of £15m to Great Ormond Street Hospital in London, [19] the largest private contribution the hospital had ever received. The donation was used to help fund their new facility, the Mittal Children's Medical Centre. [20] On 17 January 2018, the Duchess of Cambridge officially opened the Mittal Children's Medical Centre at the Great Ormond Street Hospital. [21]
Aditya Mittal is married to Megha Mittal, former owner of German fashion company Escada. [22] The pre-wedding event was held at Victoria Memorial, Kolkata, with entertainment from Mallika Sarabhai and Shah Rukh Khan. [23]
He has one sister, Vanisha, who is also a board member of ArcelorMittal.[ citation needed ] He has a son and two daughters.[ citation needed ]
Arcelor S.A. was the world's largest steel producer in terms of turnover and the second largest in terms of steel output, with a turnover of €30.2 billion and shipments of 45 million metric tons of steel in 2004. The company was created in 2002 by a merger of the former companies Aceralia (Spain), Usinor (France) and Arbed (Luxembourg). Arcelor is now part of ArcelorMittal after a takeover by Mittal Steel in 2006.
ArcelorMittal Dofasco is a steel company based in Hamilton, Ontario, Canada. Dofasco is a standalone subsidiary of ArcelorMittal, the world's largest integrated steel producer.
Lakshmi Niwas Mittal is an Indian steel magnate, based in the United Kingdom. He is the executive chairman of ArcelorMittal, the world's second largest steelmaking company, as well as chairman of stainless steel manufacturer Aperam. Mittal owns 38% of ArcelorMittal and holds a 3% stake in EFL Championship side Queens Park Rangers.
Mittal Steel Company N.V. was a European company headquartered in the United Kingdom and incorporated in the Netherlands, and one of the world's largest steel producers by volume and turnover. After a merger in 2005, it is now part of ArcelorMittal.
Escada SE is a luxury women's designer clothing company headquartered in Aschheim, Germany. The company is owned by Regent, L.P., an international private equity firm led by investor Michael Reinstein.
Kumar Mangalam Birla is an Indian billionaire industrialist, philanthropist, and the chairman of the Aditya Birla Group, one of the largest conglomerates in India. He is the chancellor of the Birla Institute of Technology & Science, Pilani and ex-chairman of Indian Institute of Management Ahmedabad. According to Forbes, he has an estimated net worth of US$23 billion, as of March 2024 making him the 6th richest person in India.
Guy Dollé is a French businessman. He was the CEO of the European steel manufacturer Arcelor until 2006. He was ousted as CEO following Arcelor's merger with Mittal Steel at the end of a protracted takeover contest.
ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation headquartered in Luxembourg City. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel. ArcelorMittal is the second largest steel producer in the world, with an annual crude steel production of 78 million metric tonnes as of 2022. It is ranked 197th in the 2022 Fortune Global 500 ranking of the world's largest corporations. It employs around 154,000 people and its market capital is $20 billion. The total value of company assets is estimated to be around $94 billion.
The following lists events that happened during 2006 in the Grand Duchy of Luxembourg.
Hindustan Petroleum Corporation Limited (HPCL) is an Indian public sector undertaking in petroleum and natural gas industry, headquartered in Mumbai. It is a subsidiary of the Oil and Natural Gas Corporation (ONGC), which is owned by the Government of India and under the administration of Ministry of Petroleum and Natural Gas.
Cleveland-Cliffs Inc. is an American steel manufacturer based in Cleveland, Ohio. They specialize in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling. The company was the world's 25th-largest steel producer and the third-largest in the United States in 2022. It is the largest flat-rolled steel producer in North America.
Megha Mittal is an Indian fashion entrepreneur. She is the former Chairperson and Managing Director of the German fashion luxury brand Escada.
Essar Steel was a common name of the steel manufacturing companies of the Essar Group of Companies. Its main subsidiary was Essar Steel India Limited, a fully integrated flat carbon steel manufacturer based in Mumbai, which owned and operated a integrated steel plant in Hazira, Surat district of Gujarat state. In addition, it had also a beneficiation plant at Bailadilla, Chhattisgarh, and pellet plants at Visakhapatnam, Andhra Pradesh, and Paradeep, Odisha.
Aperam S.A. is a company listed on the Amsterdam, Brussels, Paris, Madrid and Luxembourg stock exchanges and with facilities in Brazil, Belgium and France, which concentrates on the production of stainless steel and speciality steel. It was spun out of ArcelorMittal at the start of 2011; the facilities that became Aperam had about 27% by turnover of the stainless-steel market as of 2009.
Creusot-Loire was a French engineering conglomerate, formed from factories in Le Creusot and Châteauneuf, Loire. The Creusot-Loire subsidiary of ArcelorMittal also includes an Innovation, Research and Development centre for the group.
Pramod Mittal is an Indian businessman who was the chairman of Ispat Industries Limited.
Nippon Steel Corporation is Japan's largest steelmaker, headquartered in Chiyoda-ku, Tokyo. The company has four business segments, including steelmaking, engineering, chemicals, and system solutions. It is the largest producer of crude steel in Japan and the third largest in the world. The company is on the Forbes Global 2000 list, ranked 1971 in 2023. The company is the second incarnation of the Nippon Steel name, following the original Nippon Steel Corporation which was formed from the merger of Yamata Iron & Steel with Fuji Iron & Steel in 1950 and lasted until 2012.
Mauro Longobardo is a Chief Executive Officer of ArcelorMittal Kryvyi Rih.
HPCL-Mittal Energy Limited (HMEL) is an Indian integrated refining and petrochemical company, with operations spanning crude oil refining and petrochemical manufacturing. It is a public-private partnership between fortune 500 company, Hindustan Petroleum Corporation Limited (HPCL) and Mittal Energy Investments Pte Limited (MEIL), a part of the Lakshmi N. Mittal Group. It is headquartered at Noida, Uttar Pradesh and operates the 11.3 MMTPA Guru Gobind Singh Refinery (GGSR) at Bathinda, Punjab.
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