Aditya Mittal (born 22 January 1976) is the CEO of
ArcelorMittal
ArcelorMittal S.A. is a Luxembourgian 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 la ...
which was founded by his father
Lakshmi Mittal
Lakshmi Niwas Mittal (; born 15 June 1950) 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 manufacture ...
, who was ranked 21st in the 2012
Forbes list of billionaires
''The World's Billionaires'' is an annual ranking by documented net worth of the wealthiest billionaires in the world, compiled and published in March annually by the American business magazine ''Forbes''. The list was first published in March ...
.
Education and career
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
The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in P ...
in the US, from which he graduated in 1996.
He worked for a short time in the mergers and acquisitions department at investment bank
Credit Suisse First Boston
Credit Suisse First Boston (also known as CSFB and CS First Boston) is the investment banking affiliate of Credit Suisse headquartered in New York.
The company was created by the merger of First Boston Corporation and Credit Suisse Group in 198 ...
. 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. The two companies were merged in 2006, with the merged company being named
ArcelorMittal
ArcelorMittal S.A. is a Luxembourgian 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 la ...
.
In 2009, he was ranked 4th in
Fortune Magazine's "40 under 40" list.
In February 2021, he was appointed CEO of ArcelorMittal, succeeding his father.
Appointments
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.
Charitable involvement
Mittal is involved with various charitable organisations, including the
NSPCC
The National Society for the Prevention of Cruelty to Children (NSPCC) is a British child protection charity.
History
Victorian era
On a trip to New York in 1881, Liverpudlian businessman Thomas Agnew was inspired by a visit to the New Y ...
in the UK.
In 2008, Aditya and Megha Mittal made a donation of £15m to
Great Ormond Street Hospital
Great Ormond Street Hospital (informally GOSH or Great Ormond Street, formerly the Hospital for Sick Children) is a children's hospital located in the Bloomsbury area of the London Borough of Camden, and a part of Great Ormond Street Hospi ...
in London, 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. On 17 January 2018,
the Duchess of Cambridge
Duke of Cambridge, one of several current royal dukedoms in the United Kingdom , is a hereditary title of specific rank of nobility in the British royal family. The title (named after the city of Cambridge in England) is heritable by agnatic, m ...
officially opened the Mittal Children's Medical Centre at the Great Ormond Street Hospital.
Personal life
Aditya Mittal is married to
Megha Mittal, former owner of German fashion company
Escada
Escada SE is a luxury women's designer clothing company headquartered in Munich, Germany. The company is owned by Regent, L.P., an international private equity firm led by investor Michael Reinstein.
The company was founded in 1978 by designe ...
.
The pre-wedding event was held at
Victoria Memorial, Kolkata, with entertainment from
Mallika Sarabhai and
Shah Rukh Khan
Shah Rukh Khan (; born 2 November 1965), also known by the initialism SRK, is an Indian actor, film producer, and television personality who works in Hindi films. Referred to in the media as the " Baadshah of Bollywood", "King of Bollywood" ...
.
He has one sister, Vanisha, who is also a board member of ArcelorMittal. He has a son and two daughters.
References
{{DEFAULTSORT:Mittal, Aditya
Indian chief executives
Indian industrialists
ArcelorMittal
1974 births
Living people
Businesspeople from London
British businesspeople of Indian descent
People from the Royal Borough of Kensington and Chelsea
People from Jakarta
Rajasthani people
Wharton School of the University of Pennsylvania alumni
20th-century Indian businesspeople
21st-century Indian businesspeople
Aditya