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Top 10 Richest People in India 2015

/ March 4, 2015

5) Lakshmi Mittal (Net Worth: $15.8 Billion)

Chairman and CEO at ArcelorMittal, world’s largest steel producer lost his long-held position as India’s second richest person. Another rough year for the steel baron, his company reduced its debt to $15.8 billion, by selling off such assets as a Kentucky steel plant.

He sold one of his three London houses due to 2013’s weak demand and heavy debt of his company, Mittel is still investing strong and looking to buy more steel plants around the world.