Net worth
$33.2B
Forbes Real-Time · as of Sep 24, 2026
Latest moves
No moves from Lakshmi Mittal in the digest yet. The archive grows every morning.
Recent SEC filings
No SEC filings in the last 90 days.
Form 4 insider trades post within 2 business days. 13F fund holdings can arrive 45 days after quarter end. New to filings? Read Filings 101.
Footprint
Companies
ArcelorMittal S.A.MT · NYSE / Euronext Amsterdam, Paris / Luxembourg / Spanish exchanges · Executive Chairman · 44.7% · as of Mar 2026 · $71.30 ▼ 0.86%
source ↗More
- Ticker
- MT
- Exchange
- NYSE / Euronext Amsterdam, Paris / Luxembourg / Spanish exchanges
- Role
- Executive Chairman (director since May 1997); son Aditya Mittal is CEO; daughter Vanisha Mittal Bhatia is a director
- Stake
- 44.7% beneficial (340,152,563 shares); family 'Significant Shareholder' 44.6%
- Stake as of
- 2026-03-05
AMNS India (ArcelorMittal Nippon Steel India)ArcelorMittal's 60/40 JV with Nippon… · 60% · as of Dec 2025
source ↗More
- Role
- ArcelorMittal's 60/40 JV with Nippon Steel; Hazira, Gujarat, 8.8 Mt crude steel capacity; Phase 1 plan to expand to ~15 Mt
- Stake
- 60% (ArcelorMittal)
- Stake as of
- 2025-12-31
Stakes
Goldman Sachs Group - independent director; RSU retainer grants (Form 4, Apr 2026: 6,320 RSUs held after grant)GS · as of Apr 2026 · $923.29 ▼ 1.40%
source ↗Rajasthan Royals (IPL cricket) - agreed purchase with Adar Poonawalla for $1.65B (per Forbes)as of May 2026
source ↗Investment vehicles
Lumen Investments S.à r.l. (Luxembourg)holding co · CIK 0001566817
source ↗More
- Type
- holding co
- Notes
- Direct owner of 275,840,595 ArcelorMittal shares (36.2%)
Nuavam Investments S.à r.l. (Luxembourg)holding co
source ↗More
- Type
- holding co
- Notes
- Direct owner of 63,658,348 ArcelorMittal shares (8.4%)
Grandel Pte. Ltd. (Singapore)holding co
source ↗More
- Type
- holding co
- Notes
- 100% indirect owner of Lumen and Nuavam (44.6%)
Platinum Trust (HSBC Trustee (C.I.) Limited as trustee)trust
source ↗More
- Type
- trust
- Notes
- Beneficially owns 70% of Grandel Class A voting shares; Mittal shares beneficial ownership with Usha Mittal and trustee
Private deals
Family holding Lumen signed Share Repurchase Agreement with ArcelorMittal to sell shares pro rata (44.6%) into the…Mar 2026
source ↗More
- In full
- Family holding Lumen signed Share Repurchase Agreement with ArcelorMittal to sell shares pro rata (44.6%) into the 2025-2030 buyback, keeping stake under the 45% standstill cap from the 2006 Arcelor merger MoU
- Date
- 2026-03-05
Agreed with Adar Poonawalla to buy IPL team Rajasthan Royals for $1.65BMay 2026
source ↗ArcelorMittal sold a 10% stake in Vallourec ($0.3B gain), proceeds to buybacks2026-Q2
source ↗ArcelorMittal completed purchase of Nippon Steel's 50% of AMNS Calvert (Alabama), renamed ArcelorMittal CalvertJun 2025
source ↗Liberia Mineral Development Agreement extended to 2050; ArcelorMittal to pay $200M for rightsJan 2026
source ↗Trophies
Rajasthan Royals IPL franchise (agreed purchase, 2026, with Adar Poonawalla)
source ↗Legal & regulatory
Acciaierie d'Italia extraordinary commissioners sued ArcelorMittal and former ADI directors in Court of Milan seeking…
source ↗More
- In full
- Acciaierie d'Italia extraordinary commissioners sued ArcelorMittal and former ADI directors in Court of Milan seeking €7.0B (alt. €3.65B); ArcelorMittal separately claims >€1.8B from Italy in international arbitration (filed June 2025)
Missile strikes on ArcelorMittal Kryvyi Rih (Ukraine) in Aug and Sept 2026 killed four contractors/workers; primary…
source ↗More
- In full
- Missile strikes on ArcelorMittal Kryvyi Rih (Ukraine) in Aug and Sept 2026 killed four contractors/workers; primary steel production halted
Research gaps: Real estate: no fetchable reputable source for recent purchases (Forbes notes he relocated to Switzerland from the UK and previously listed London's most expensive house in 2013); no street-level details used. Rajasthan Royals deal terms from Forbes only (The Hindu blocked); stake % not verified. Philanthropy (e.g., Harvard Mittal Institute) not verified - site returned 403. Aperam family stake not verified. ArcelorMittal Q3 2026 exact results date not verified. WebSearch unavailable.
Prices via Finnhub · as of Sep 24, 2026 4:00 PM ET. For information only.
What to watch
ArcelorMittal Kryvyi Rih damage assessment and restart timeline after Sept 13, 2026 missile strike
source ↗ArcelorMittal Q3 2026 results; company guided higher Q3 and 2H shipmentsNov 2026
source ↗Ongoing buyback with pro-rata sales by family's Lumen Investments (keeps stake below 45% cap)
source ↗Court of Milan ADI €7.0B damages case and Italy arbitration
source ↗Closing/approval of Rajasthan Royals purchase
source ↗AMNS India Hazira Phase 1 expansion toward ~15 Mt2H 2026
source ↗