Lachhman Das Mittal’s profile picture

Lachhman Das Mittal

Lachhman Das Mittal’s profile picture
Net worth 2018: $1.94 Billion
Industry: Automotive
Residence: Delhi, India
Country: India
Children: 5
Education: Bachelor of Arts / Science, Punjab University; Master of Arts, Punjab University
BIOGRAPHY

Lachhman Das Mittal was born in Delhi, India, India. Lachhman Das Mittal is #1231 in List Billionaires People In The World. Lachhman Das Mittal started his business career in 1990 at age 65 after retiring from the state-owned Life Insurance Corporation of India. Today his Sonalika Group is India's third-largest tractor maker. Japanese firm Yanmar has a 30% stake in his tractor outfit International Tractors. Mittal has handed over operations to his sons and grandsons but attends office every day.

NET WORTH STATISTIC
2014

$1.1 Billion

2015

$1.5 Billion

2016

$1.7 Billion

2017

$1.4 Billion

2018

$1.94 Billion

I can convince anyone to purchase my tractors.

Lachhman Das Mittal
TIMELINE
1970

The following year the family goes bankrupt and by 1970 his net worth was Rs 1 lakh

1962

In 1962 he began manufacturing wheat threshers with the help of local blacksmiths in Hoshiarpur, Punjab

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