Entrepreneurs
Lakshmi Mittal Net Worth

Net Worth: | $18 Billion |
---|---|
Age: | 74 |
Born: | September 2, 1950 |
Gender: | Male |
Height: | 1.75 m (5 ft 9 in) |
Country of Origin: | India |
Source of Wealth: | Entrepreneur |
Last Updated: | Jul 20, 2025 |
Introduction
Lakshmi Mittal is an Indian steel magnate and chairman of ArcelorMittal with an estimated net worth of $18 Billion.
Net Worth History
Year | Net Worth |
---|---|
2016 | $8.4 Billion |
2017 | $16.4 Billion |
2018 | $18.5 Billion |
2019 | $13.6 Billion |
2020 | $7.4 Billion |
2021 | $14.9 Billion |
2022 | $17.9 Billion |
2023 | $17.7 Billion |
2024 | $16.4 Billion |
2025 | $19.2 Billion |
Before Wealth & Fame
After completing his education, Lakshmi Mittal attended St. Xavier’s College at the University of Calcutta, where he earned a B.Com degree. After graduating, he went to work in the family business, but never imagined that he would head up a conglomerate like ArcelorMittal.
His father, Mohanlal Mittal, operated a steel business called Nippon Denro Ispat and, in 1976, opened a steel factory in Indonesia. Due to government restrictions on steel production in India, Mittal opened his first steel factory outside the country.
Steel Business
Mittal then purchased the state-owned steel works in Trinidad and Tobago in 1989, turning them into profitable ventures within a year.
Until the 1990s, the family’s main assets in India included a cold-rolling mill in Nagpur and an alloy steel plant near Pune. Mittal’s younger brothers, Pramod Mittal and Vinod Mittal, manage the family business in India while he is in charge of the UK-based company.
In a surprise 1995 deal, Mittal “purchased” the Irish Steel plant from the government for a nominal price of only IR£1. Six years later, in 2001, the Cork plant was closed, leading to criticism and environmental issues, but Mittal had already moved on.
Moving Into Central America
He acquired the assets of Ispat Mexicana and Ispat Karmet before December 2001 and, in November 2001, acquired Sidex Galati. This business was renamed Ispat Sidex in December of that same year, and two years later, he was once again on an asset acquisition drive.
In October 2003, Mittal’s LNM Group acquired steel assets from the Romanian and Polish governments on desirable financial terms. Petrotub Roman was renamed Ispat Tepro as part of the acquisitions in Romania, and Mittal reportedly utilized Marek Dochnal’s consultancy to influence Polish officials.
A Hostile Takeover Bid
In 2006-07, Mittal succeeded in a hostile takeover bid for Arcelor, renaming it ArcelorMittal and acquiring steel assets across Europe. The “Mittal Affair” in 2002 involved controversy surrounding Tony Blair and his apparent support for Mittal’s bid to buy Romania’s state-owned industry. Mittal’s significant fluctuations in net worth have been well-documented.
In 2016, Forbes ranked him as the 135th-wealthiest billionaire. However, Mittal’s net worth was said to have peaked in 2008, making him one of the wealthiest individuals globally at that time.
Queens Park Rangers Investment
Mittal was one of the leading contenders in acquiring and disposing of Everton and Wigan in the Barclays Premiership soccer league.
In 2007, it was revealed that the Mittal family had acquired a 20% stake in the Queens Park Rangers football team, joining Mittal’s pals Bernie Ecclestone and Flavio Briatore.
Amit Bhatia, Mittal’s son-in-law, joined the board of directors because of the investment, keeping an eye on the investment for the family. The joint investment in the financially troubled team generated rumors that Mittal was considering following in the footsteps of other affluent benefactors.
Multi-millionaires like Roman Abramovich were another rising number of wealthy investors making significant investments in the richest soccer teams in England.
On February 19, 2010, Briatore resigned as chairperson of QPR and sold Ecclestone further club shares, giving Ecclestone the single most significant shareholding.
$1 Billion Harvard University Donation
Mittal’s philanthropic endeavors include the 2010 donation of $1 billion to establish the Lakshmi Mittal South Asia Institute at Harvard University. He now serves as the chairman and CEO of ArcelorMittal, the world’s largest steel-making company based in the UK.
Mittal’s leadership has seen ArcelorMittal expand its operations globally, with significant investments in Asia, Europe, and the Americas. He has been recognized with numerous awards and honors, including the Padma Vibhushan, India’s second-highest civilian award, in 2008.
Lakshmi is known for his strategic vision and ability to easily navigate the complex negotiations required of international business agreements. Mittal’s acquisitions and mergers have reshaped the global steel industry, positioning ArcelorMittal as a key player and threatening existing players.
Like Warren Buffett and Francois Pinault, Mittal is uniquely placed to influence world markets due to his strategic business investments.
Criticism & Legal Issues
However, he has faced strong criticism and legal challenges over environmental concerns and labor practices in some of ArcelorMittal’s operations.
Mittal’s leadership style emphasizes innovation, efficiency, and sustainability in steel production, which has resulted in the growth of his business empire. He has invested in research and development to enhance ArcelorMittal’s technological capabilities and environmental performance worldwide.
But Mittal’s influence extends well beyond the steel industry, with investments in real estate, technology, and other consumer goods sectors.
Estimated Net Worth
Lakshmi Mittal’s net worth is $18 Billion.
Highlights
Here are some of the best highlights of Lakshmi Mittal’s career:
- Chairman and CEO of ArcelorMittal
- “Person of the Year” Award (2008)
- Member of Goldman Sachs (2008)
Entrepreneurs
Teresa Heinz Kerry Net Worth

Net Worth: | $750 Million |
---|---|
Age: | 86 |
Born: | October 5, 1938 |
Gender: | Female |
Height: | 1.64 m (5 ft 5 in) |
Country of Origin: | Mozambique |
Source of Wealth: | Entrepreneur |
Last Updated: | Jul 20, 2025 |
Introduction
Teresa Heinz Kerry is a well-established businesswoman and philanthropist with an estimated net worth of $750 Million.
Wrongful Death Lawsuit
Following the death of her first husband, Senator John Heinz, in 1991, Kerry filed a lawsuit for wrongful death against the owners of two aircraft involved in a mid-air collision. The plane her husband was travelling in collided with a Bell 412 helicopter, killing everyone who was on board both the aeroplane and the helicopter. Following their investigation of the crash, the National Transportation Safety Board determined that the pilots of both aircraft were at fault due to errors in judgment.
In 1997, Kerry successfully sued both the owners of the helicopter and the plane, Piper Aerostar, and the lawsuit was settled for $15 million in Kerry’s favor. $3 million was given directly to Kerry in her role as co-executor of the Heinz estate, and the remaining $12 million was split between Kerry and her two sons.
Chinese Investment Firm Controversy
Although not strictly a legal issue, Kerry found herself in the spotlight in 2021 when government filings revealed that she had an interest in Chinese investment firms. This was an issue as her husband, John Kerry, was the U.S. climate envoy at the time and regularly negotiated with China on climate cooperation. The former U.S. chief ethics lawyer, Richard Painter, stated that it could create legal and ethical issues as Chinese officials could hold the investments hostage.
According to the Office of Government Ethics, Kerry has an interest of at least $1 million in Teng Yue Partners. This hedge fund specialises in Chinese equity investments, though the assets were held in trust and not managed by Kerry or her husband. Despite the speculation, there’s no public record showing that Kerry was asked to sell her investments, and John Kerry continued his work as the U.S. climate envoy.
Philanthropy
Although Kerry chose not to take a leadership role at Heinz, she did take the lead in the family’s philanthropic activities. She oversees the Heinz Endowments and the Heinz Family Philanthropies, two of the largest private charitable foundations, whose annual grants total more than $90 million. The Heinz philanthropic donations support a range of diverse initiatives, with a focus on environmental conservation, women’s issues, health, education, and community development.
Alliance for Health homes
With environmental issues at the heart of Kerry’s philanthropic endeavors, she has launched several green initiatives, including the Alliance to End Childhood Lead Poisoning in 1990. It later changed its name to the Alliance for Healthy Homes, with the sole aim of preventing lead poisoning in children throughout the United States.
In 1993, Kerry co-founded Second Nature with her husband, U.S. Senator John Kerry, environmental scientist Dr. Anthony D. Cortese, and Bruce Droste, an environmental educator. Second Nature is a nonprofit dedicated to making sustainability a core part of campus life, collaborating with U.S. colleges to integrate sustainability into research, teaching, and campus operations.
Women’s Retirement Initiative
In addition to focusing on the environment, Kerry has founded charities that support the financial security of women’s futures. In 1997, Kerry launched the Women’s Retirement Initiative. The following year, she founded the Women’s Institute for a Secure Retirement (WISER), which has since become a leading advocate for policies that benefit older women facing financial insecurity.
Kerry has acknowledged the roots of the Heinz company, which was founded in Pittsburgh, and has gifted the city numerous grants through Heinz Endowments. Heinz has helped to improve many aspects of the city, including parks and concert halls. For example, in 2021, they donated over $30 million to support community projects, including Bike Share Pittsburgh, which received $750,000 to purchase electric bikes. $1.75 million was allocated to the historic New Granada Theater in the Hill District, allowing it to be renovated and restored.
Kerry’s philanthropic endeavors have not gone unnoticed. In 2003, she received the Albert Schweitzer Gold Medal for Humanitarianism. In 2007, the Carnegie Medal of Philanthropy was awarded to her on behalf of the Heinz family, recognizing her impact on the institutions and initiatives she had helped establish.
Real Estate
Kerry is the proud owner of a six-floor, $7 million townhouse in Boston’s Beacon Hill neighborhood. She and her husband also own a $5 million ski retreat in Idaho, a $4 million estate in Pennsylvania near their home base in Pittsburgh, and a $5 million home in Washington, D.C.’s Georgetown neighborhood.
Highlights
Here are some of the best highlights of Teresa Heinz Kerry’s career:
- The widow of former U.S. Senator John Heinz
- Heinz is Chair of the Heinz Endowments
Entrepreneurs
Masayoshi Son Net Worth

Net Worth: | $28.2 Billion |
---|---|
Age: | 67 |
Born: | August 11, 1957 |
Gender: | Male |
Height: | Unknown |
Country of Origin: | Japan |
Source of Wealth: | Entrepreneur |
Last Updated: | Jul 20, 2025 |
Introduction
Masayoshi Son is a Japanese billionaire entrepreneur, investor, and philanthropist with an estimated net worth of $28.2 Billion.
Net Worth History
Year | Net Worth |
---|---|
2016 | $11.7 Billion |
2017 | $21.2 Billion |
2018 | $22.7 Billion |
2019 | $21.6 Billion |
2020 | $16.6 Billion |
2021 | $45.4 Billion |
2022 | $21.3 Billion |
2023 | $22.4 Billion |
2024 | $32.7 Billion |
2025 | $29.4 Billion |
Masayoshi Son’s net worth is heavily tied to his 29.7% stake in SoftBank, the Japanese conglomerate that centers around technology investments. Back in 2016, Son’s fortune was estimated to be approximately $11.7 billion. Between 2017 and 2019, the amount typically ranged between $21.2 billion and $22.7 billion, before declining to $16.6 billion in 2020.
Son experienced a sharp increase in his wealth in 2021, which was one of the best-performing years for SoftBank’s Vision Fund. Midway through the year, Vision Funds 1 & 2 reached a combined value of $154 billion, with the company recording $45.9 billion in annual profits. It was the most profitable year in SoftBank’s history, leading to Masayoshi’s net worth increasing to an estimated $45.4 billion.
This was a somewhat inflated sense of wealth, as the estimate was revised to roughly $21.3 billion the following year. In recent years, SoftBank has invested billions in AI projects, including Stargate, OpenAI, MGX, and Oracle. Masayoshi’s net worth shot up again to $32.7 billion in 2024. However, as of this year, he is worth approximately $28.2 Billion.
SoftBank Compensation
Year | Total Earnings (JPY) | USD |
---|---|---|
2019 | 608,000,000 | $4,600,000 |
2020 | 635,000,000 | $4,800,000 |
2021 | 647,000,000 | $4,900,000 |
2022 | 574,000,000 | $4,300,000 |
2023 | 1,281,000,000 | $9,600,000 |
Totals | 3,745,000,000 | $28,200,000 |
Although Masayoshi’s wealth is predominantly held through his stake in SoftBank, he also earns several million dollars annually as the company’s CEO. The above data regarding Masayoshi Son’s annual compensation comes directly from SoftBank’s official ESG disclosures. For the last several years, his annual salary has remained at ¥120 million, equivalent to approximately $808,000 USD.
However, his additional earnings, and the biggest contributor to his yearly compensation, come from various performance bonuses and stock options. From 2019 to 2022, his total annual compensation ranged between $4.3 million and $4.9 million. His highest recorded year was 2023, when he received ¥1.28 billion in compensation, equivalent to approximately $9.6 million.
Between 2019 and 2023, based on the ESG disclosures, Masayoshi Son earned a total compensation of $28.2 million from SoftBank.
Entrepreneurs
Alexis Ohanian Net Worth

Net Worth: | $100 Million |
---|---|
Age: | 42 |
Born: | April 24, 1983 |
Gender: | Male |
Height: | 1.96 m (6 ft 5 in) |
Country of Origin: | Canada |
Source of Wealth: | Entrepreneur |
Last Updated: | Jul 20, 2025 |
Introduction
Alexis Ohanian is an American Internet entrepreneur and investor with an estimated net worth of $100 Million.
Over several decades, Ohanian has created numerous successful companies in tech, investing, and sports. In 2005, he co-founded Reddit with his University of Virginia roommate, Steve Huffman, and the two pitched the idea to venture capital firm Y Combinator. They were fortunate to secure $12,000 in seed funding from the VC firm, which enabled them to launch Reddit. Within 12 months, Reddit was sold to Condé Nast for a reported $10-$20 million. Ohanian stayed with Reddit until 2009, returning briefly in 2015 as their Executive Chairman until his resignation in 2020.
Initialized Capital
Inspired by his own startup journey, Ohanian teamed up in 2011 with Harjeet Taggar and Garry Tan of Y Combinator and launched Initialized Capital, a venture capital firm. Ohanian and his co-founders wanted to support software and tech founders at the seed stage of their businesses with mentorship and access to influential networks within Silicon Valley. Over ten years, Initialized Capital raised more than $3.2 billion in assets and has invested in 23 companies, including Coinbase, Cruise Automation, Instacart, and CoinTracker.
Seven Seven Six
Ohanian left Initialized Capital in 2020 to set up another venture capital firm, Seven Seven Six (776). He wanted to leverage his experience and extensive network of contacts to help launch and scale early startups, many of which were still just ideas. Ohanian scaled 776 rapidly, with a portfolio of 38 companies, managing $750 million in assets.
Angel City FC Acquisition
In 2020, Ohanian became the largest shareholder and founding controlling owner of Angel City FC (ACFC). The professional women’s soccer team is based in Los Angeles and was established by actress Natalie Portman, venture capitalist Kara Nortman, and entrepreneur Julie Uhrman. In July 2024, Walt Disney CEO Bob Iger and his wife Willow Bay acquired a controlling stake in the club, valued at $250 million. Ohanian played a key role in the club’s growth and remains on the club’s board.
Los Angeles Golf Club Acquisition
Continuing his interests in sport, Ohanian was named as the principal Owner of the Los Angeles Golf Club (LAGC) in June 2023. The club’s ownership group also includes Ohanian’s wife, her sister Venus Williams, and Michelle Wie West. Ohanian’s key aim with the club is to make golf more accessible and to blend the sport with technology and entertainment to appeal to a new and more diverse fan base.
Athlos Track & Field
In 2024, Ohanian and the American Olympic Track and Field Champion Gabby Thomas launched Athlos, a women-only professional track and field event. He was motivated by the lack of lucrative opportunities for women in track and field outside of the Olympics. The first meet was held at New York’s Icahn Stadium in September of that year and featured 36 top competitors.
The meet had a record-breaking $663,000 prize purse, with $60,000 awarded to each event winner to highlight the value of women’s athletics. Ohanian was responsible for the event being shown on platforms like ESPN+, YouTube, and DAZN, to ensure that Athlos reached millions of viewers and attracted new fans to the sport. He also introduced distributing 10% of all commercial income evenly among the athletes, which was unusual and possibly a first, as funds are usually distributed based on performance or contract.
Chelsea F.C. Investment
Following his success with ACFC, in May 2025, Ohanian bought a 10% stake in Chelsea Women’s Soccer Club in the United Kingdom. The investment was worth around £20 million ($26.86 million) and valued the club at £200 million ($268.57 million), making it one of the most valuable women’s soccer clubs in the world. He said his goal is to help Chelsea FC Women’s Club become a global brand and to use his expertise and network to boost the club’s international profile, particularly in the United States.
Ohanian has consistently shown his passion for backing tech founders and his commitment to giving women’s sport the recognition and investment it has lacked for so many years.
Bored Ape Yacht Club Lawsuit
In 2023, Ohanian was named in a class action lawsuit along with several other high-profile celebrities, including his wife, Gwyneth Paltrow, Madonna, and Snoop Dogg. Investors in Yuga Labs’ Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs) and Apecoin alleged that the celebrities, including Ohanian and Williams, fraudulently promoted NFTs.
However, the celebrities had never revealed their financial interests or how much compensation they would get as a result of their involvement. The case alleged that the celebrities who had endorsed the NFTs were benefiting from the inflated value. Yuga Labs stated that the claims were false, and as of today, the case is ongoing.
Real Estate
Brooklyn Condo
In 2011, Ohanian purchased a two-bedroom, 1,385-square-foot apartment in Brooklyn Heights for $1.245 million. Before he sold the unit, Alexis had been renting it out to people for $7,500 per month since 2016. In May 2022, he listed the apartment for sale at $2.3 million. It was scooped up in December that year for $2.05 million.
Highlights
Here are some of the best highlights of Alexis Ohanian’s career:
- Co-founder and executive chairman of Reddit
- Ohanian launched Breadpig (2007)
- Ohanian spoke at TED about a whale named Mister Splashy Pants (2009)
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