Jose Maria Aristrain Net Worth


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.

Basic Information About Jose Maria Aristrain

CategoryBusiness β€Ί Billionaires
Net worth$1,100,000,000
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