L N Mital (Laksmi Narayan Mital alias Lakshmi Niwas Mital) was born on 15 June 1950 at sadulpur village in Rajasthan, that dont have even elctricity till 1960.

For the third successive year, the India born steel tycoon, is on the top of the list of the super rich in Britain. Mittal's own wealth galloped to 19.250 billion from 14.488 billion pound last year. He has a difference of 480 pound with the second in the list Russian oligarch Roan Abramovich with in a year.
Mittal is also richest among the 50 richest in Europe where as Hindujas are on 25th.

Steel tycoon Lakshmi Mittal, the NRI living in Britain, rose into focus when he was named the third richest person in the world (net worth $25-billion in 2005) by the Forbes Magazine.
His success has largely been built on buying up loss-making state-owned mills and quickly turning them around. He had one of his most notable successes in the late 1989, when he turned around a loss-making government-founded steel firm in Trinidad and Tobago which was losing $1 million a day. Within a year, Mittal had doubled the output and made the business profitable where US consultants and German experts failed to find a solution. 
In 1992, he bought the Mexico's third largest steel producer, Sicartsa for $220 million. Mittal took over the state-owned blast furnace steel plant in 1995 in former Soviet republic of Kazakhstan, renaming it Ispat Karmet.

The Mittal's business empire has also been in the news for showering money on his two children. His daughter Vanisha's wedding to Delhi-born investment banker Amit Bhatia in 2004 June is reputed to have cost more than $55-million, with five days of events at some of France's most famous settings, including the 17th century Vaux le Vicomte chateau. For the wedding of his son Aditya in 1998, the Mittal family celebrated at Calcutta's Victoria Memorial, home to mementos of Britain's rule over India. 

Web Resources
http://www.webindia123.com/personal/abroad/mittal.htm
http://www.reference.com/browse/wiki/Lakshmi_Mittal
http://www.rediff.com/money/2005/mar/11mittal.htm