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NRI Mittal
named Businessman of 2006 by The Sunday Times


UK, Dec. 31, 2006
NRI press
Rajiv Sharma

The Sunday Times, London has named the NRI, Lakshmi N Mittal steel tycoon, the Business Person of 2006 on the basis of voting done by the readers of the newspaper.

"Lakshmi Mittal embodied the rise of a new breed of Indian entrepreneur: confident and commanding on the world stage," The Sunday Times said.

And he has done it all his way, including, at the end, taking the Chief Executive's job at the new company, rather than the back-seat position of president, it said.

Mittal said, "The takeover of Arcelor is the most important achievement in my life. It is a milestone. It is the biggest transaction in the history of the steel industry, and the biggest in terms of the size of the company created. I don't think we will find another company overtaking us for the next few years - may be the next five to 10 years."

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NRI, Lakshmi N Mittal is the world's third-richest person, behind Bill Gates and Warren Buffett.

  • Worth 14.8 billion pounds is richest Asian in Britain.