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Member of mega-rich Mittal clan 'is declared bankrupt with £130m debt'

por Lourdes Cavazos (02/07/2020)


One of Britain's wealthiest men who spent £50 million on his daughter's wedding has reportedly been declared bankrupt with debts running to more than £130 million. 

Pramod Mittal, 64, is believed to have lost the money after he became tangled up in a probe into organised crime, The Times reported.

Mr Mittal's brother is Lakshmi Mittal, Britain's 19th richest man, who owns a £300 million mansion in Mayfair and is head of Arcelor Mittal, the world's biggest steel manufacturer.

Pramod Mittal became well known after a lavish ceremony held for his daughter, Shristi, at the National Museum of Catalan Art in Barcelona in 2013.

The groom, Gulraj Behl, arrived at the ceremony on horseback at a lavish 2013 wedding ceremony at the National Museum of Catalan Art in Barcelona in 2013

Shristi Mattal's wedding in Barcelona in 2013 was attended by 500 guests who were served a 132-pound wedding cake

But the 70-year-old, who is worth £6.78 billion, is unwilling to bail out his younger brother after the two previously fell out over their father's alloy empire.

A source told The Times: 'They are no longer close and live separate lives.

Lakshmi does not see why he should be financially responsible for his brother. This debt has nothing to do with him.'

Pramod Mittal became well known after a lavish ceremony held for his daughter, Shristi, at the National Museum of Catalan Art in Barcelona in 2013.

Lakshmi Mittal, second left, and his brother Pramod, far right, whose daughter Shristi had the world's costliest wedding

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