The richest man in the UK is a businessman in the steel industry named Lakshmi Narayan Mittal. Born in India, Mittal now resides in London and has ~$20 billion. Mittal's philanthropy endeavors include sports and education.
Lakshmi Mittal's family was involved in the steel business, which Mittal is now involved in. The sports contributions made by Mittal were compelled by the poor results of Indian athletes in the 2000 Sydney Olympic Games. He decided to sponsor 10 athletes who showed potential to gain Olympic medals. Education contributions include a couple of universities.
There has been quite a bit of scandal in the media when it comes to Lakshmi Mittal’s affairs. MarekDochnal, an employee of Mittal's, was arrested for bribing Polish officials in a separate matter. The work of Dochnal for Mittal was to do with the privatization of a Polish steel group named PHS. After a number of fatalities, Mittal's workers have also made serious accusations against the working conditions of Mittal's mines. The low employment rate of his business in the UK has also been poorly received. These are just a few of the negative reports on Lakshmi Mittal.
Lakshmi Mittal lives in Kensington Palace Gardens; his house is worth almost $130 million. Mittal has received a number of awards in the business and leadership world. Mittal also has a charitable foundation titled The LNM Institute of Information Technology, which deals with economic issues, rehabilitation, education and relief. As the richest man in the UK, Mittal has been both attacked and praised in the media.
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