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An Indian immigrant to the U.K., Mittal is the wealthiest person living in Great Britain. Mittal inherited a great deal of his fortune, working in his family’s steelmaking business. He founded his own company, Mittal Steel, and has been aggressive in developing his business prospects. With a hostile takeover, the company became ArcelorMittal, and is the largest steel company in the world. Mittal is worth $19.3 billion, having lost some of his money as steel price have fallen in the last year. While Mittal’s fortune is heavily reliant on stocks in his company, he still has substantial cash holdings. He has also diversified into other holdings, such as Macarthur Coal. He sits on the board of Goldman Sachs
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