Steel tycoon Pramod Mittal who spent £50million on his daughter’s wedding owes £2.5billion

A steel tycoon who spent £50million on his daughter’s wedding claims he owes a staggering £2.5billion – which would make him Britain’s biggest bankrupt.  Pramod Mittal, 64, who lost his fortune when a financial deal turned sour, claims to have no personal income and just £45 worth of land to his name, near Delhi.  The … Read more

Downfall of a big-spending tycoon: Pramod Mittal faces bankruptcy

The bride was resplendent in her traditional red and gold wedding sari, ablaze with countless diamonds in her headpiece, earrings and nose ring. The groom cut no less magnificent a figure, arriving astride a white horse, wearing a lavishly embroidered jacket with a white plume bobbing from his red turban. Father of the bride, Pramod … Read more

Member of mega-rich Mittal clan ‘is declared bankrupt with £130 million in debt’

Member of mega-rich Mittal family who once spent £50m on his daughter’s wedding ‘is declared bankrupt with £130m debt after Bosnian firm he was guarantor for became embroiled in probe over links to organised crime’ Pramod Mittal, 64, is brother of  Lakshmi Mittal, 70, who is worth £6.78 billion and runs Arcelor Mittal, the world’s biggest … Read more