An Irish businessman of Indian descent, Cyrus Pallonji Mistry lived from 4 July 1968 until 4 September 2022. From 2012 to 2016, he served as the Tata Group’s chairman, an Indian economic behemoth. He was the group’s sixth chairman and the only one (after Nowroji Saklatwala) who did not have the surname, Tata.
He was chosen by a group of judges in the middle of 2012 to lead the Tata Group, and he assumed control in December of that same year. Mistry was fired from his position as chairman in October 2016 by the board of Tata Sons, the holding company for the Tata Group.
Cyrus Mistry Early Life
On July 4, 1968, in Mumbai, India, Cyrus Mistry was born. He comes from a prosperous family. Pallonji Mistry, Cyrus Mistry’s father, was a prosperous businessman, and Patsy Perin Dubash, his mother, was a stay-at-home mom.
Together with his evil brother, he grew up. He has two sisters, Aloo and Laila, as well as an older brother named Shapoor Mistry. Given that his mother was of Irish descent, he is a member of the Indian Iris family. She has lived with him for her entire life.
Cyrus Mistry’s Net Worth
Through his business, Cyrus Investments Pvt. Ltd., Cyrus Mistry acquired an 18.4% stake in Tata Sons. He had a $10 billion or so net worth in 2018. Pallonji Mistry, the father of Cyrus Mistry, had an estimated net worth of roughly $30 billion at the beginning of 2021 and US$29 billion at the time of his passing, both according to Bloomberg Billionaires Index. He was the 143rd richest person in the world and the richest billionaire in Ireland at the time of his death.
Cyrus Mistry Career
With the year 1991, Cyrus Mistry began his career in the father-founded construction company Shapoorji Pallonji & Co, a family-owned enterprise. He was elected chairman of this building firm as well. He has elevated this business to the top tier of Indian builders. He was also hailed by The Economist as “the most significant industrialist in India and Britain.”
The younger child of Indian construction tycoon Pallonji Mistry and his wife Patsy Perin Dubash, Cyrus Mistry was born into a Parsi household in Bombay (now Mumbai). He is a billionaire. The Zoroastrian faith is practiced by both of his parents, who are of Indian descent. Mistry’s mother was born in Ireland, though, and his father decided to acquire Irish citizenship.
Shapoor Mistry, Mistry’s elder brother, is a native of Ireland. Laila and Aloo are Mistry’s other two sisters. His wife and two kids are left behind. As a director, Mistry joined Shapoorji Pallonji & Co. Ltd, the family-run construction business, in 1991. Mistry has held several positions including managing director of Tata Sons and chairman of the Tata Group and Shapoorji Pallonji & Company, all of which are a part of the Shapoorji Pallonji Group.
Cyrus Mistry Death
A car accident in Maharashtra’s Palghar district, which is close to Mumbai, claimed the life of Cyrus Mistry, a former chairman of the Tata Group, on Sunday at the age of 54. Cyrus Mistry was driving a Mercedes from Ahmedabad to Mumbai when he crashed into a divider on a bridge over the Surya river in the afternoon, according to officials.
There were four passengers in the automobile, but two of them, including Cyrus Mistry, died as a result of their injuries in the collision, which also left the car with significant structural damage. The injured were transported to a Kasa hospital. Mistry’s body has been transported to the Kasa Rural Hospital for a postmortem