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Lakshmi Niwas Mittal, son of a small steel plant operator moved to Indonesia to help his father run his business. But, Mittal had big dreams. He did not want to limit his business to just one steel plant. He wanted big.
Mittal is exceptionally gifted. He has a special talent for spotting loss-making steel companies, buying them dirt cheap and turning them around. He built his steel empire based on this strategy.
In 1998, his company Mittal Steel produced an almost equal amount of steel as India as a nation produced. In 2006, he shocked the world he completed the hostile takeover of the world's biggest steel maker Arcelor.
For his achievement in the field of steel production, he is known as "The Steel King".
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