UK-Based Billionaire & Chairman of World 2nd Largest Steel Maker $22 Billion ArcelorMittal Lakshmi Mittal (Age 74) with $18 Billion Fortune Buys Palatial Mansion in Dubai Emirates Hill for $100 Million Which is 50% Lower than 2023 Listing Price of $200 Million, Palatial Means Resembling a Palace
17th May 2025 | Hong Kong
UK-based billionaire & Chairman of the world’s 2nd largest steel maker ArcelorMittal ($22 billion market value) Lakshmi Mittal with $18 billion fortune has bought a palatial mansion in UAE Dubai Emirates Hill for $100 million, which is 50% lower price than 2023 listing price of $200 million. Palatial means resembling a palace. In 2025 April, Lakshmi Mittal was reported to be considering to leave UK with the end of UK tax benefits for non-domiciled residents. Lakshmi Mittal relocated to UK in 1995. His son Aditya Mittal is currently the CEO of ArcelorMittal. Lakshmi Mittal family owns 40% stake in ArcelorMittal ($22 billion market value).
“ UK-Based Billionaire & Chairman of World 2nd Largest Steel Maker $22 Billion ArcelorMittal Lakshmi Mittal (Age 74) with $18 Billion Fortune Buys Palatial Mansion in Dubai Emirates Hill for $100 Million Which is 50% Lower than 2023 Listing Price of $200 Million, Palatial Means Resembling a Palace “
UK-Based Billionaire & Chairman of World 2nd Largest Steel Maker $22 Billion ArcelorMittal Lakshmi Mittal with $18 Billion Fortune Considering to Leave UK with End of Tax Benefits for Non-Domiciled Residents, Relocated to UK in 1995, Son Aditya Mittal is Currently CEO of ArcelorMittal, Family Owns 40% Stake in ArcelorMittal

4th April 2025 – UK-based billionaire & Chairman of the world’s 2nd largest steel maker ArcelorMittal ($22 billion market value) Lakshmi Mittal with $18 billion fortune is considering to leave UK with the end of UK tax benefits for non-domiciled residents. Lakshmi Mittal relocated to UK in 1995. His son Aditya Mittal is currently the CEO of ArcelorMittal. Lakshmi Mittal family owns 40% stake in ArcelorMittal ($22 billion market value).
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