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Megha Mittal Edit Profile

Businesswoman

Megha Mittal is the Chairman and Managing Director of the German fashion luxury brand Escada.

Career

Megha Mittal graduated from the Wharton School of Business in 1997, with a B.S. in Economics with concentration in Finance. She subsequently joined the investment bank Goldman Sachs as an analyst in the research department. In 2003 she obtained a postgraduate degree in Architectural Interior Design at the Inchbald School of Design in London.

In November 2009, she acquired Escada, which had filed for bankruptcy in August.

In 2008 the Mittals made a donation of £15 million to Great Ormond Street Hospital in London, the largest private contribution the hospital had ever received. The donation was used to help fund their new facility, the Mittal Children's Medical Centre.

Connections

husband:
Aditya Mittal
Aditya Mittal - husband of Megha Mittal

Aditya is a CFO, responsible for Flat Americas, Mergers and Acquisitions (M&A), Investor Relations, Strategy and Communications of the world's largest steel firm ArcelorMittal, which is controlled by his father Lakshmi Mittal, who was ranked 21st in the 2012 Forbes list of billionaires.

father-in-law:
Lakshmi Mittal
Lakshmi Mittal - father-in-law of Megha Mittal

Lakshmi Niwas Mittal is a British-based Indian steel magnate. He is the chairman and CEO of ArcelorMittal, the world’s largest steelmaking company. Mittal owns 41 percent of ArcelorMittal and holds a 34 percent stake in the Queens Park Rangers F.C. football team.

Business partner:
Bruno Saelzer
Bruno Saelzer - Business partner of Megha Mittal

He is the CEO of Escada, the international luxury fashion group. He was born into a solid farming family. He has always been interested in fashion more than fertiliser, and has been quoted in saying, "I can't explain this. There was no one in my family like this. I have checked back several generations."