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Rediff.com  » Business » Now, Lakshmi Mittal tops soccer rich list

Now, Lakshmi Mittal tops soccer rich list

Source: PTI
April 13, 2009 10:35 IST
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Football may be a poor cousin of cricket in the Indian sports arena, but the game has earned India-born business tycoon Lakshmi Mittal a place in yet another rich list - the world's richest soccer club owner.

In a ranking of the world's 10 richest owners of professional soccer clubs, Mittal has been named at the top by American business publication Forbes and is the only person in the list with India connection.

"Lakshmi Mittal, operator of the world's largest steel company, is the richest - despite his team not being worth all that much. Mittal is a stakeholder in Queen's Park Rangers, a team that doesn't even play in England's top league," Forbes said in a report.

In its annual ranking of the world's richest people released last month, Forbes had named Mittal at the eighth place with a net worth of $19.3 billion.

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