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Lakshmi Mittal The Steel Billionaire
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24 May 2009

Lakshmi Mittal The Steel Billionaire

Philanthropists and the rich people of society go hand-in-hand. Very rarely will you find a person of average income acting as a charitable figure. Maybe this has to do with a person's financial means as an ability to give. When you have millions or billions, what's a few hundred thousand tossed at a random charity? But some philanthropists, like the multi-billionaire Lakshmi Mittal, give out of pride as well.

When India only managed one bronze and one silver medal in the 2000 and 2004 Summer Olympics, Mittal quickly set up a $9-million fund which supported and trained world-class Indian athletes. In 2008, Abhinav Bindra won India's first Olympic gold medal in shooting. Mittal is worth $46-billion.

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