Mittal richest in Europe

London, March 22 | Updated: Mar 23 2005, 05:41am hrs
NRI steel tycoon Lakshmi Mittal, heading the worlds largest steel company, on Tuesday emerged as the richest Asian not only in the UK but in Europe with an estimated wealth of 13.5 billion pounds.

While Chinese economic boom facilitated Mittal to more than triple his wealth, the strength of the Indian economy and the revolution in call-centre technology helped SP Hinduja and GP Hinduja, the Hinduja Groups chairman and President respectively, to be the second richest Asians in Britain with a wealth of 2.1 billion pounds.

PTI