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Lakshmi Mittal named most powerful Asian in UK

Nelson

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24 Nov, 2011, 1239 hrs IST, PTI
LONDON: Lakshmi Mittal, the NRI
steel tycoon with a fortune estimated
at 15.5 billion pounds, is the most
powerful Asian in Britain, according to
a new list of eminent Asians in the
country.
Mittal, 61, Chairman of the Board of
Directors and CEO of ArcelorMittal, the
world's leading integrated steel and
mining company, heads the Power list
of 101 in the category of Industry
published by Eastern Eye, a weekly
newspaper here.
"Today, Mittal has all the trappings of
wealth, power and influence -
properties in Kensinghton Palace
Gardens, a private jet, a 266 million
pound yacht, and an eco-friendly
house set on a 340-acre estate in
Surrey," according to the GG2 (Garavi
Gujarat) Power 101, Britain's Most
Influential Asians 2011.
The list was released by Britain's
Deputy Prime Minister Nick Clegg at
the GG2 Leadership Awards here last
night.
Leading NRI industrialist Lord Swraj
Paul ranked 17th in the list in the
category of Industry.
According to the report, Lord Paul was
influential enough to get the Lancaster
House, which is generally reserved for
government functions, as a venue for a
wedding reception for his youngest son
Angad in 2005.
"One of the painful things has been to
reduce the guest list - in the end we
could invite only 1,600 people," Lord
Paul said at the time.
"There are people from the Lords,
MPs, opposition, business, and there
will be a substantial number from the
government. I have not invited
anybody on the basis of their
profession. I have invited friends."
According to the report, Lord Paul
does have many friends, among them
Sarah and Gordon, a reference to
Sarah and Gordon Brown, the then
Prime Minister. A point in Lord Paul's
favour is that he is not a fair-weather
friend.
"He (Paul) does not drop his political
allies when they fall from power. He
always did have a special relationship
with Mrs Indira Gandhi but Paul stuck
by her when the Indian prime minister
lost the general election in 1977 and
all the pundits in the world predicted
(wrongly) she was finished for good,"
the report said.
"He is a much respected business
figure, guiding Caparo through a
choppy waters and creating a great
British steel company," the report
said.
He is quite justified in claiming: "I've
made manufacturing fashionable in
Britain," the report said.
Baroness Sayeeda Warsi, who hails
from the ***************** Kashmir,
Minister without portfolio in the
Conservative Party, is listed at no 2 in
the Power list in the category Politics.
Leading NRI Labour MP Keith Vaz has
been ranked 3rd in the list in the
category of Politics.
"He became the first Asian MP in
modern times since Dadabhai Naoroji
first entered parliament in 1892," the
study said.
S P Hinduja and G P Hinduja, Chairman
and Vice Chairman respectively of the
Hinduja Group, are No 4 in the list and
they are listed in the category of
"Business".
"Of all the influential Indian business
families in the world, the Hindujas are
unlike any other. The closeness of the
four brothers, Srichand, Gopi, Prakash
and Ashok and now their children,
explains why they have been able to
weather many a storm and yet
prosper and emerge stronger as a
group," the study said.
India's best-known sculptor Anish
Kapoor is 6th in the list.
Lord Navnit Dholakia, Deputy Leader
of the Liberal Democrats in the House
of Lords is listed 12th and listed in the
category Politics.
"When I look back I am proud to see
the progress the Asian community has
made - in every field," Dholakia said.
Dr Kartar Lalvani, founder of
Vitabiotics, Britain's leading
nutraceutical company, is listed 49th
and in the Pharmacy category.
Lord Karan Bilimoria, founder of Cobra
Beer, is 61 in the list.
 
m.economictimes.com/news/international-business/lakshmi-mittal-named-most-powerful-asian-in-uk/articleshow/10853773.cms
 
Nice to know Indians not only top but also make the most numbers in this list.
 

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