Aditya Mittal

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Aditya Mittal
Aditya Mittal (L) with Brazil's former Minister of Industry, Foreign Trade and Services Marcos Antônio Pereira in 2017
Born (1976-01-22) 22 January 1976 (age 48)
NationalityIndian
Alma materJakarta Intercultural School Wharton School of the University of Pennsylvania
Occupation(s)CEO, ArcelorMittal
SpouseMegha Mittal
Children3
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]

Education and career[edit]

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]

Appointments[edit]

Mittal is a member of the World Economic Forum's Young Global Leaders Forum, the Young President's Organization, a Board Member at the Wharton School, a Board Member at Bennett, Coleman & Co., a Board Member at PPR and a member of Citigroup's International Advisory.[10]

Charitable involvement[edit]

Mittal is involved with various charitable organisations, including the NSPCC in the UK.[11]

In 2008, Aditya and Megha Mittal made a donation of £15m to Great Ormond Street Hospital in London,[12] 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.[13] On 17 January 2018, the Duchess of Cambridge officially opened the Mittal Children's Medical Centre at the Great Ormond Street Hospital.[14]

Personal life[edit]

Aditya Mittal is married to Megha Mittal, former owner of German fashion company Escada.[15] The pre-wedding event was held at Victoria Memorial, Kolkata, with entertainment from Mallika Sarabhai and Shah Rukh Khan.[16]

He has one sister, Vanisha, who is also a board member of ArcelorMittal.[citation needed] He has a son and two daughters.[citation needed]

References[edit]

  1. ^ "Executive officers". corporate.arcelormittal.com. Retrieved 24 January 2018.
  2. ^ Bureau, Our (11 February 2021). "Aditya Mittal takes over as CEO of ArcelorMittal". @businessline.
  3. ^ Forbes profile: Lakshmi Mittal Retrieved 18 July 2012.
  4. ^ "Meet the man who heads Rs 73,090 crore company, son of India's second-richest mining billionaire". DNA India. Retrieved 29 April 2024.
  5. ^ Mazumdar, Rakhi (26 June 2006). "Meet the crown prince, Aditya Mittal". The Economic Times. ISSN 0013-0389. Retrieved 29 April 2024.
  6. ^ Kelner, Braden (1 July 2007). "Forging the World's Largest Steel Company: Aditya Mittal". Wharton Magazine. Retrieved 29 April 2024.
  7. ^ "40 Under 40". CNN. 26 March 2010.
  8. ^ Steer, George (2 February 2021). "ArcelorMittal appoints Aditya Mittal as chief executive". www.ft.com. Archived from the original on 11 February 2021. Retrieved 23 February 2021.
  9. ^ "Aditya Mittal, New Chairman And CEO Of ArcelorMittal". NDTV.com. 11 February 2021. Retrieved 11 February 2021.
  10. ^ "Aditya Mittal, Arcelormittal: Profile and Biography". Bloomberg.com. Retrieved 29 April 2024.
  11. ^ Michielsen, Tom; Gossink, Wessel (5 March 2018). "Mittal junior krijgt promotie bij staalgigant Arcelor". De Tijd. Retrieved 29 April 2024.{{cite news}}: CS1 maint: url-status (link)
  12. ^ Goodchild, Sophie (4 September 2008). "Mittals' £15m gift to Great Ormond Street is a record". London Evening Standard. Archived from the original on 5 February 2010. Retrieved 15 April 2010.
  13. ^ "Search Results - Great Ormond Street Hospital". www.ich.ucl.ac.uk. Archived from the original on 16 June 2008. Retrieved 14 July 2018.
  14. ^ "Duchess of Cambridge opens GOSH ward that Standard readers helped fund". Evening Standard. Retrieved 24 January 2018.
  15. ^ "Bloomberg-Megha Mittal, Chairman of Escada". 25 December 2018.
  16. ^ Ghosh, Soumitra (21 December 1998). "Calcutta continues talking about wedding of steel king Lakshmi Mittal's son". India Today. Retrieved 13 May 2019.
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