Lakshmi Mittal becomes UKâs richest man
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London, October 26: NRI business tycoon Lakshmi N. Mittal has emerged as the richest man in Britain. The historic merger of his steel conglomerate Ispat with its rival, International Steel Group of USA, to
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Bill Gates kept his ranking as the richest person in the United States, boosting his worth to $48-billion. But investor Warren Buffett has edged closer to the top of the rich list, Forbes magazine said on Friday.
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Billionaires forge a deal: Lakshmi Mittal, one of the richest men in the UK, will merge his steel assets and buy International Steel Group (nyse: ISG - news - people ), which counts US billionaire Wilbur L. Ross Jr.
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The average annual income for households in Britain&#39;s wealthiest area has topped 100,000 pounds for the first time, figures published Friday showed.
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Mexican tycoon Carlos Slim has overtaken Bill Gates to become the world's richest person, a website says.
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Steel tycoon Lakshmi N. Mittal announced plans to pay &#36;4.5 billion in cash and stock for U.S. steelmaker International Steel Group Inc., which had been cobbled together by onetime investment banker Wilbur L. Ross Jr. from mills whose parents landed in bankrupcty court.
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Manchester United MNU.L , the world&#39;s richest soccer club, has received a bid approach, boosting its shares and fanning talk US sports tycoon Malcolm Glazer is planning a bid likely to top 650 million pounds.
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Manchester United on Friday moved to the top of the football financial league in Britain by reporting a record turnover for last year of 481 million dollars.
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Billionaire from the UK Lakshmi Mittal on Monday purchased International Steel Group from Wilbur Ross, thus creating the worldâs biggest steel company.
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The founder of Sports Direct earns more than Â£929m after the retailer sets its share sale at the top of its price range.
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Tycoon Lakshmi N. Mittalâs $4.5 billion purchase of International Steel Group will create a colossal powerhouse in the world steel industry with the capabilities of producing 70 million tons of steel annually.
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Lakshmi Mittal, chief executive of ArcelorMittal, the steel group, will make the keynote speech at this year&#39;s business book of the year award ceremony in October.
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AMSTERDAM/NEW YORK  - Steel magnate Lakshmi Mittal  on Monday agreed to buy International Steel Group Inc. ISG.N  for $4.5 billion and merge it with his other assets, creating  the industry's largest player at a time when steel prices are  soaring.
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AMSTERDAM -- Steel tycoon Lakshmi N. Mittal yesterday said he would pay $4.5 billion in cash and stock for US steelmaker International Steel Group Inc., which had been cobbled together by onetime investment banker Wilbur L. Ross Jr. from mills whose parents landed in bankruptcy court.
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The $17.8 billion, three-way deal that Lakshmi N. Mittal, a financier based in London, announced this week would put him at the head of the largest, most geographically diverse steel company in the world.
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LONDON: Manchester United, which said Monday it had received a takeover approach, stands as the richest and one of the most famous football club's in the world, 126 years after being formed by railway workers.
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New Delhi, Nov. 28: Billionaire Lakshmi Mittal, fresh from the record-breaking deal that turned him into the world's biggest steelmaker, is scouting in Poland, the Czech Republic and Turkey as he hits the ...