The almanac

UPI Almanac for Saturday, June 15, 2013.
By United Press International

The almanac

UPI Almanac for Friday, June 15, 2012.
By United Press International

Hard times for Britain's richest

LONDON, April 26 (UPI) -- The worldwide economic slump has been tough on the richest people in Britain, costing them about one-third of their net worth, The Times of London reported.

Home sweet home sells for $229.9 million

LONDON, May 22 (UPI) -- A London mansion with a price tag of $229.9 million has found a buyer, sources said Thursday.

List of Britain's richest released

LONDON, April 27 (UPI) -- The richest 1,000 people in Britain have seen their wealth quadruple since 1997, figures show.

Whither Ukraine investment?

WASHINGTON, Jan. 18 (UPI) -- The world is watching as newly named Ukrainian Prime Minister Yulia Tymoshenko steps up to the plate.
SARAH C. CAREY and SHANKER A SINGHAM, UPI Outside View Commentators

CHIMEA, the new growth hub

FRANKFURT, Germany, Oct. 22 (UPI) -- Amid all the financial troubles of the last three months, the emergent economies led by China and India have done well, but in few places has the news been better or more welcome than that from Africa.
MARTIN WALKER, UPI Editor Emeritus

Number of billionaire Brits up 20 percent

LONDON, April 29 (UPI) -- The number of Britons living at billionaire status has risen 20 percent in just a year, which is three times the number from 2003, the Sunday Times reported. The London newspaper published its annual list of Britain's 1,000 wealthiest people, and Indian-b

Cowell jumps up the wealth charts

LONDON, April 19 (UPI) -- No one in Britain is piling up money in the entertainment business faster these days than entrepreneur Simon Cowell, now worth some $200 million.

Radcliffe youngest 'Rich List' member

LONDON, Dec. 8 (UPI) -- Daniel Radcliffe, known for his title role in the "Harry Potter" film franchise, has been named as the youngest member of Britain's "Rich List."

Lakshmi Mittal to be CEO of Arcelor Mittal

LUXEMBOURG, Nov. 6 (UPI) -- Arcelor Mittal, the world's biggest steel maker, said board president Lakshmi Mittal has been named the chief executive of the Luxembourg-based firm.

Arcelor says 'I do' to $33.83B proposal

LUXEMBOURG, June 26 (UPI) -- The board of Luxembourg's Arcelor SA, the world's second largest steelmaker, has accepted a $33.83 billion takeover offer from its main rival.

Mittal Steel gets key European approvals

BRUSSELS, May 17 (UPI) -- Mittal Steel Co. gained approval for its proposed takeover of Arcelor SA from regulators in France, Belgium, Luxembourg and the Netherlands.

Mittal's charm offensive looking effective

ROTTERDAM, Netherlands, May 9 (UPI) -- Mittal Steel Co. NV, the world's biggest steel firm, is trying diplomacy, apparently successfully, in its takeover bid for the world's No. 2 steel company.

India's ONGC in $15B global buying spree

NEW DELHI, March 10 (UPI) -- India's state-owned Oil and Natural Gas Corp. aims to spend $15 billion buying foreign oil and natural gas assets.
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Lakshmi Narayan Mittal (born 15 June 1950) is an Indian steel magnate. He is the chairman and chief executive officer of ArcelorMittal, the world’s largest steelmaking company.

Mittal is the richest man in the United Kingdom, second richest man in Europe and is presently the sixth richest individual in the world with a personal wealth of US$38.1 billion or £29.8 billion. In the 2011 edition of Forbes Billionaire list, he was ranked the world's 6th wealthiest man. He is the 44th most powerful person of the 68 most powerful people in the world. One out of 5 cars in the world is made up of the steel materials of his steel empire. His daughter Vanisha Mittal's wedding was the most expensive in the recorded history of the world.

He is an independent director of Goldman Sachs, member of the Board of Directors of European Aeronautic Defence and Space Company, World Steel Association, Foreign Investment Council in Kazakhstan, the International Investment Council in South Africa, the Investors' Council to the Cabinet of Ministers of Ukraine, the World Economic Forum’s International Business Council, the World Steel Association's Executive Committee, the Presidential International Advisory Board of Mozambique and the International Iron and Steel Institute’s Executive Committee.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Lakshmi Mittal."
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