This was reported by the newspaper The Times citing sources close to the businessman. The founder of the ArcelorMittal mining and metallurgical group, which includes the Ukrainian ArcelorMittal Kryvyi Rih, is the eighth-richest person in the list of The Sunday Times with a fortune of 15.4 billion pounds. He became the wealthiest person to leave Britain as part of the current "exodus" of the rich. A source familiar with Mittal's affairs said that he was not so much concerned about income tax as inheritance tax, which is 40% in the UK. Mittal has lived in the UK since 1995.

Source: The Times November 24, 2025 08:56 UTC