Indian nonresidents such as Lakshmi Mittal are included as long as they still hold Indian citizenship.
In 2001 they hired Johannes Sittard, an executive who worked for Lakshmi Mittal, to run the company.
The 53-year-old Lakshmi Mittal oversees the LNM group, the world's largest steel-maker with mills spanning 12 countries.
That's what Lakshmi Mittal will need if he's to pull off his Arcelor coup d'etat.
Once again, Goldman Sachs seems to have found a clever compromise by appointing Lakshmi Mittal to its board.
Thus the inclusion of Lakshmi Mittal (whose steel business is registered in the Netherlands) as India's richest person.
Lakshmi Mittal is not a target of the investigation and ArcelorMittal currently has no direct connection with Ispat.
Mingling with magnates like Lakshmi Mittal also offers the trio other means to cash out: a sale or merger.
Lakshmi Mittal of ArcellorMittal fame topped the list at No. 6 among the rich guys in the BRIC countries.
India is a close second with 17 including its two richest citizens, Mukesh Ambani and Lakshmi Mittal.
The magazine described him as the chemical industry's answer to steel magnate Lakshmi Mittal because of his shrewd business sense.
Lakshmi Mittal cobbled together former national steel companies into a global presence.
FORBES: Tiger Woods' $100 Million Winnings: Or Globalisation And Rising Inequality
Lakshmi Mittal, the firm's boss, says he remains determined to buy Arcelor.
Billionaire Lakshmi Mittal must have needed nerves of steel as he steered his industry behemoth, Mittal Steel through a difficult third quarter.
Its backers include Bharat Shah, a leading financier of Hindi movies, and Lakshmi Mittal, a steel magnate and one of the world's richest men.
London - Billionaire Lakshmi Mittal must have needed nerves of steel as he steered his industry behemoth, Mittal Steel through a difficult third quarter.
Mordashov's revised offer comes just two days after Arcelor backed down over a planned share buy-back designed to frustrate billionaire steel raja Lakshmi Mittal's approach.
As a result, three nonresidents, including Lakshmi Mittal, are included, but construction magnate Pallonji Mistry, Tata Sons' largest shareholder, who has become an Irish citizen, is not.
Amongst the 50 international billionaires whose wealth Forbes tracks in real time, Lakshmi Mittal took the day on Friday as shares of his ArcelorMittal steel behemoth surged 4.54%.
FORBES: Who Got Rich This Week: An Offshore Driller, Stein Mart's Chairman And More
Indian steel magnate Lakshmi Mittal retained a one-third stake in QPR after Malaysian businessman Tony Fernandes became principal shareholder in 2011, but the club's fortunes have mirrored his own.
And this week the Championship club, owned by Formula One magnates Bernie Ecclestone and Flavio Briatore as well as Indian billionaire Lakshmi Mittal, announced another hike in matchday prices.
Chairman Lakshmi Mittal over plans to shut two blast furnaces in Florange, France, threatening to nationalize the facility, and told Mr. Mittal he wasn't welcome in France anymore.
Lakshmi Mittal, the billionaire chief executive of steel behemoth Mittal Group (nyse: MT - news - people ), seems to have embraced this Mesoamerican template.
Lakshmi Mittal, the wealthiest person in Britain, has a stake in the west London club, along with Formula One head Bernie Ecclestone and Renault team managing director Flavio Briatore.
Another stake in the protectionist palisade being erected around European steelmaker Arcelor, subject of a 18.6 billion euro hostile take over bid by Indian billionaire Lakshmi Mittal.
Johnson and Lakshmi Mittal, CEO of steelmaker ArcelorMittal, joined forces to champion the creation of a large-scale sculpture at the Olympic Park -- after meeting in a cloakroom at Davos.
Studz spent freely on new hires, building up mega negotiating teams that helped advise on deals like e.on's bid for Spanish utility Endesa and billionaire Lakshmi Mittal's takeover of European steelmaker Arcelor.
In the midst of the commodity craze in 2007, Chen waged a hostile takeover of a Hong Kong-listed steelmaker that was ultimately defeated with the backing of steel tycoon Lakshmi Mittal.
FORBES: China's 'Steel Princess' Chased Down For Disappearing Assets
Also Thursday: Aditya Mittal --son of the world's third-richest man, Lakshmi Mittal, and Mittal Steel'spresident and chief financial officer--said in an interview that resistance to the proposed takeover was starting to fall away.
应用推荐