Skip to content

Mittal vs Adelson

ArcelorMittal and Las Vegas Sands.

The differences

  • Forbes puts Miriam Adelson about $0.3B ahead of Lakshmi Mittal.Forbes figures from 9 Oct 2026 and 9 Oct 2026.
  • Lakshmi Mittal: inherited and grew it. Miriam Adelson: through marriage.
  • Miriam Adelson is about 5 years older than Lakshmi Mittal.
  • Lakshmi Mittal is from India; Miriam Adelson is from United States.
  • Lakshmi Mittal has held a public or government advisory role; Miriam Adelson has none on record.

Put someone else on either side

Side by side

MittalAdelson

The money

Net worth, Forbes
$30.7BForbes, 9 Oct 2026
$31BForbes, 9 Oct 2026
Net worth, Bloomberg
$38.4BBloomberg, 17 Oct 2026
Not stated
Forbes rank
No. 72Real-Time list, 9 Oct 2026
No. 71Real-Time list, 9 Oct 2026
Billionaire since
Not stated
Not stated

Where it came from

How it started
Inherited and grew itStarted in his family's steel business in India, set up Ispat Indo in Indonesia in 1976 and founded Mittal Steel (formerly the LNM Group) in 1989, which merged with Arcelor in 2006. Forbes' 2006 list described his fortune as 'inherited and growing'
Through marriageWidow of Sheldon Adelson, who founded Las Vegas Sands and died in 2021; she and her family own more than half of the company
Main source
ArcelorMittal stock, held through a family trustBloomberg: 'The majority of Lakshmi Mittal's fortune is derived from a 44% stake in ArcelorMittal'
Las Vegas Sands stockBloomberg: her biggest asset is a half-stake in Las Vegas Sands; it also counts the Dallas Mavericks and cash
Companies
ArcelorMittal, AperamArcelorMittal: Executive chairman; Aperam: Chairman of the board
Las Vegas SandsLas Vegas Sands: Majority shareholder with her family
Biggest stake
ArcelorMittal43.15% owned
Las Vegas Sands52.7% owned

The person

Born
15 Jun 1950Sadulpur, Rajasthan, India
10 Oct 1945Tel Aviv, then British Mandate of Palestine (now Israel)
Country
India
United StatesLives in Las Vegas, Nevada, United States
Education
Bachelor's degreeBachelor of commerce, St Xavier's College, Kolkata
Graduate degreeMD, Tel Aviv University's Sackler Faculty of Medicine; BSc in microbiology and genetics, Hebrew University of Jerusalem
Parents
His family moved to Calcutta (Kolkata) in the 1960s, where his father ran a steel mill; he began in the family steel business
Her parents left Poland in the 1930s; her father, Simcha Farbstein, joined a kibbutz before the family settled in Haifa

What they give

Giving Pledge
Not a signer
Not a signer
Foundation
The Lakshmi N Mittal Family FoundationRegistered charity in England and Wales (No. 1146604)
Adelson Family FoundationEstablished in 2007 by Miriam and Sheldon Adelson
Lifetime giving
Not stated
Not stated

Role and record

Role now
Runs the companyExecutive chairman of ArcelorMittal; chairman of Aperam
OwnerMajority shareholder of Las Vegas Sands and the Dallas Mavericks with her family; publisher of Israel Hayom
Successor
His son Aditya Mittal became ArcelorMittal CEO in 2021; his daughter Vanisha Mittal Bhatia sits on the board
Her son-in-law Patrick Dumont became chairman and CEO of Las Vegas Sands on 1 March 2026
Public office
Member, Prime Minister's Global Advisory Council (India)2009
None found
Legal record
None found
None found

Lakshmi Mittal against others

Lakshmi's profile

Miriam Adelson against others

Miriam's profile