Basic Information About Jose Maria Aristrain
| Category | Business › Billionaires |
|---|---|
| Net worth | $1,100,000,000 |
| Social Media | ↗︎ Wikipedia |
Jose Maria Aristrain Net Worth
$1,100,000,000
Jose Maria Aristrain is a Spanish businessman with a net worth of $1.1 billion. He made his fortune as the former owner of Arcelor, one of the largest steelmakers in the world. Despite recent decreases in his wealth, Aristrain remains a main shareholder in Spain’s Tubacex and maintains a low profile, always accompanied by a bodyguard. He is also known for his cattle ranch in the south of Spain.
Key facts:
- Jose Maria Aristrain took over giant steelmaker Arcelor after his father's death in 1986.
- He led the company until 2006.
- He backed Indian billionaire Lakshmi Mittal in merging Arcelor and Mittal Steel.
- As a result, he received a 2% stake in Arcelor Mittal, the largest steel company in the world.
- Jose Maria Aristrain is also a main shareholder of Spain's Tubacex, the second-largest global manufacturer of seamless stainless steel tubes.
- He is known for maintaining a low profile and being press shy, always accompanied by a bodyguard.
- Besides his business ventures, he also owns a cattle ranch called Ganaderias Aguadulce in the south of Spain, where he raises bulls.
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