Megha Mittal

Megha Mittal (born 20 November 1976 in Kolkata, India) is the chairman and managing director of the German fashion luxury brand Escada.[1]

Education and Career

She 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.[2] Mittal left Goldman Sachs after one year.[3]

In November 2009, she acquired Escada, which had filed for bankruptcy in August.[4][5]

Personal Life

Megha Mittal has been married to Aditya Mittal,[6] CFO of ArcelorMittal, whom she met at the business school in USA. They live in London and have two young daughters. She is the daughter-in-law of the richest man in Europe, Lakshmi Mittal, with an estimated worth of $28.7 billion.[7]

References

  1. Escada Corporate 2011
  2. Kuehnen, Eva (November 6, 2009). "Megha shows Mittal family steel in fashion coup". Reuters India. Retrieved April 15, 2010.
  3. Comstock, Courtney. "A 34-Year OId Billionaire Heiress Who Used To Work For Goldman Just Bought Escada". Business Insider. Retrieved February 17, 2016.
  4. Kuehnen, Eva (November 5, 2009). "Megha Mittal to buy luxury fashion house Escada". Reuters. Retrieved April 15, 2010.
  5. Odell, Amy (November 6, 2009). "Escada Sold to 33-Year-Old Megha Mittal". New York Magazine. Retrieved April 15, 2010.
  6. Yaeger, Lynn (February 2010). "Revival of Fortune: Megha Mittal, the Woman Behind the New Escada". Vogue. Retrieved April 15, 2010.
  7. Comstock, Courtney. "A 34-Year OId Billionaire Heiress Who Used To Work For Goldman Just Bought Escada". Business Insider. Retrieved February 17, 2016.


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