2nd April 2010
Lakshmi Mittal is planning to build a 115-metre tall steel tower at the Olympic Games site in London ready for 2012. The tower is being touted as the tallest in Britain.
The tower will be a snaking, gigantic steel one and has been designed by London based artist of Indian origin, Anish Kapoor and funded by another famous Indian in London - steel baron Lakshmi Mittal.
The Arcelor Mittal Orbit...
27th October 2008
Members of Britain's rich-list are getting richer despite the global credit crunch turmoil and are now worth more than £400billion.
The Sunday Times have said the collective worth of the top 1,000 proud members of its annual Rich List rose by £53billion in the past year to £412.8billion.
There are however signs that the credit crunch and an economic slowdown is taking its...
27th March 2008
Saudi Prince Bandar bin Sultan's Aspen ski lodge is listed as $135 million, while a 64-room Istanbul waterfront mansion is on the market at $100 million.
Steel tycoon Lakshmi Mittal is so far the only person to have paid more than $100 million for a home, when he bought a Kensington townhouse for $127 million in 2005.
Although there are a few on the market for higher amounts
Tim Blixseth is...
27th January 2008
Squeezing into the Swiss resort’s hotels may have been fine for global leaders, but it certainly wasn’t a prospect that one oligarch was willing to entertain.
Oleg Deripaska actually bought a house in Davos to accommodate him in the style to which, as Russia’s second-richest man, he has grown accustomed.
The so-called King of Aluminium, who owns Rusal and is worth...