Cyrus Pallonji Mistry Net Worth

Cyrus Pallonji Mistry is an Irish entrepreneur with Indian roots who was appointed the Chairman of the Tata Group in 2012. Born into a wealthy Parsi family, Mistry had a background in engineering and had been involved in the family-owned construction business. He served as the managing director of the Shapoorji Pallonji Group before joining the Tata Group, where he held various positions for Tata companies. However, his tenure as Chairman of the Tata Group was short-lived and in October 2016, the board of Tata Sons voted to remove him from the post.
Cyrus Pallonji Mistry is a member of Business People

Age, Biography and Wiki

Who is it? Ex Chairman of Tata Group
Birth Day July 04, 1966
Birth Place Irish
Age 56 YEARS OLD
Birth Sign Leo
Residence Malabar Hill South Mumbai, India
Citizenship Ireland
Alma mater Cathedral & John Connon School Imperial College London London Business School
Occupation Former chairman of Tata Group
Spouse(s) Rohiqa
Children 2
Parent(s) Pallonji Mistry Patsy Perin Dubash
Relatives Noel Tata (brother-in-law)

💰 Net worth: $14.1 Billion (2024)

Cyrus Pallonji Mistry is an Indian business tycoon and former chairman of the Tata Group, a multinational conglomerate based in India. It is estimated that his net worth will reach a staggering $14.1 billion by 2024, highlighting his exceptional business acumen and success. Mistry is renowned for his contributions to the growth and expansion of the Tata Group during his tenure, and his leadership has left an indelible mark on the company's legacy. Despite being born in an Irish family, his notable achievements and impact on the Indian business landscape have made him a prominent figure in the country.

Some Cyrus Pallonji Mistry images

Biography/Timeline

1930

The Pallonji family have been active in Business for over a century, and it was in the 1930s that Mistry's grandfather, Shapoorji Mistry, first acquired a stake in Tata Sons. The stake, which now stand at 18.5%, is presently held by Mistry's Father, and comprises the largest block of shares held by a single party; some 66% stake in Tata Sons is controlled by charitable trusts set up by the family. Mistry thus grew up in affluent circumstances. He studied at the prestigious Cathedral & John Connon School in South Mumbai, and then moved to London to study at Imperial College for a B.Sc. degree in civil engineering. He then went on to take an M.Sc. in management from the London Business School.

2006

Mistry has been managing Director of Shapoorji Pallonji & Company, which is part of the Shapoorji Pallonji Group. He joined the board of Tata Sons on 1 September 2006, a year after his Father retired from it. He served as a Director of Tata Elxsi Limited, from 24 September 1990 to 26 October 2009 and was a Director of Tata Power Co. Ltd until 18 September 2006.

2012

In 2012, Mistry was appointed as the chairman of Tata Sons. In addition, he was also chairman of all major Tata companies including Tata Industries, Tata Steel, Tata Motors, Tata Consultancy Services, Tata Power, Tata Teleservices, Indian Hotels, Tata Global Beverages and Tata Chemicals.

2013

In a 2013 article, The Economist categorized him as "the most important industrialist in both" India & Britain.

2016

The Tata Sons Board voted to remove Mistry from the Chairmanship of Tata Sons on 24 October 2016.