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Lakshmi Mittal

Mittal is the wealthiest steelman since Andrew Carnegie. But there's little sign that the Indian tycoon shares his American predecessor's political engagement or philanthropic instinct

By Tim Bouquet   June 2008

Had it not been for his dislike of rising early, Lakshmi Mittal might have become an accountancy teacher, rather than the world’s fourth richest man and the biggest maker of steel in history.

When he collected his degree from Calcutta’s St Xavier’s College in 1969, the principal told him: “Mittal, you start teaching accountancy from tomorrow,” Mittal had just graduated with the highest marks ever achieved by a St Xavier’s student in accountancy and commercial mathematics.

“OK,” Mittal replied. “What time am I to come?”

“You have to begin with the first years at 6am.” Mittal shakes his head…

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