The Mail Bag
Mr Mittal and Me
Comments (20)
Interesting link to the Wiki write up of the wealthy Mr Mittal, and his possible purchase or Everton. So rich apparently he is said to have two cars and a Setanta subscription.
Anyways, this dude lives a five minute walk from my less selubrious surroundings in Bayswater. Maybe I should write a letter and pop it into his letter box that's lined with the skin of poor people. But not too sure what to say.
Any ideas?
Nick Entwistle, Posted 16/08/2007 at 16:36:28
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2 Posted 16/08/2007 at 19:01:49
Lakshmi Narayan Mittal also known as Lakshmi Niwas Mittal is a billionaire industrialist, born in Rajasthan, India in 1950. Lakshmi graduated from St. Xavier?s College in Calcutta where he received a Bachelor of Commerce degree. He later married Usha Mittal, and had a son and daughter.
Mittal began his career working in the family?s steelmaking business in India, and has over 30 years of experience working in steel and related industries. Mittal founded the company Mittal Steel (formerly the LNM Group) in 1976 and has been responsible for the development of its businesses ever since. Mittal Steel is a global steel producer with operations in 14 countries.
Mittal pioneered the development of integrated mini-mills and the use of Direct Reduced Iron or ?DRI? as a scrap substitute for steelmaking and led the consolidation process of the global steel industry. Mittal Steel is the largest steelmaker in the world, with shipments of 42.1 million tons of steel and profits of over $22 billion in 2004.
Mittal was awarded Fortune magazines ?European Businessman of the Year 2004? and also ?Steelmaker of the Year? in 1996 by New Steel, and the ?Willy Korf Steel Vision Award? in 1998, for outstanding vision, entrepreneurship, leadership and success in global steel development from American Metal Market and PaineWeber?s World Steel Dynamics. In 2002 he was involved in a political scandal with British Prime Minister Tony Blair, when a donation he made to the Labour party led to Blair’s intervention in a business deal flavoring Mittal, it was announced later he donated £2 million to the Labour Party.
Mittal is an active philanthropist and a member of a few trusts. Mittal is a member of the Foreign Investment Council in Kazakhstan, the International Investment Council in South Africa, the World Economic Forum?s International Business Council and the International Iron and Steel Institute?s Executive Committee. He is a Director of ICICI Bank Limited and is on the Advisory Board of the Kellogg School of Management in the U.S. In March 2005, Forbes Magazine named him the 3rd richest man in the world and the richest non-American, with an estimated wealth of US$25 billion.
He is the wealthiest person in Britain. His house in Kensington, bought in 2003 for $128 million is the most expensive house ever purchased. He also paid upwards of $55 million to host his daughter’s wedding celebration in Versailles in 2004.
3 Posted 16/08/2007 at 19:03:03
He works in steel, he could build us a new stadium.
4 Posted 16/08/2007 at 19:02:50
5th richest man in world, allegedly. Yes please
5 Posted 16/08/2007 at 19:02:57
6 Posted 16/08/2007 at 19:16:43
7 Posted 16/08/2007 at 19:32:01
8 Posted 16/08/2007 at 19:32:35
Hasn’t Bill always said he’d hand over the reigns to anyone who would invest substantially in Everton? I thought he and his board have been looking 24/7/30, 31 or 28 (29 in a leap year) for investment. Presumably, Mr Mittal wasn’t in when EFC knocked. Or perhaps all his money is ring-fenced for other ventures.
9 Posted 16/08/2007 at 20:00:00
He has also said that he will hand over the reins once he has taken them as far as he can and I dont think that he thinks that he has yet and neither do I! Also,looking for investment doesnt mean selling up otherwise it would be called ’looking for a buyer’ and hasnt he already found investment in Robert Earl and Tesco??
10 Posted 16/08/2007 at 20:07:16
11 Posted 16/08/2007 at 20:10:44
12 Posted 16/08/2007 at 20:25:18
He may think taking us to Kirkby is as far as he can go and reluctantly sell up after the move. And the way the PR is going, I’d have thought Tesco was a charity not an investor.
13 Posted 16/08/2007 at 20:30:24
there aint nobody better than Mittell and Arteta theres the best little foreigners we know!!!!
Come and get us Mittal!
14 Posted 16/08/2007 at 21:03:03
15 Posted 16/08/2007 at 21:01:59
16 Posted 16/08/2007 at 21:26:00
- "There’s no clean way to make $100 million" - so adjust for inflation & ask do you want to be associated with this guy????
17 Posted 16/08/2007 at 22:49:30
18 Posted 16/08/2007 at 23:01:02
19 Posted 17/08/2007 at 01:34:52
Mr Mittal is currently ex-boundaries (although he used to live in Caryl Gardens) but his footprint will fit easily into the Scottie Rd site.
20 Posted 17/08/2007 at 10:34:42


1 Posted 16/08/2007 at 15:20:26