Mittal Moves to Switzerland, Dubai: Tax Concerns?
Update: 2025-11-23
Description
King of Steel Lakshmi Mittal, one of Britains wealthiest, reportedly moves tax residence to Switzerland and Dubai, following potential tax policy changes. Mittal, known for his stake in ArcelorMittal, owned luxurious properties in Londons Billionaires Row and recently bought a Dubai mansion. His departure may be seen as embarrassing for the government ahead of the Chancellors budget announcement.
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