Shapoor Mistry
$7.1B
Born
Sep 06, 1964
Age
61
Source of Wealth
Diversified
Residence
Mumbai,
Citizenship
Ireland
Marital Status
Married
Children
2
Education
- Shapoor Mistry controls the 157-year-old engineering and construction giant Shapoorji Pallonji Group
- His late brother Cyrus was chairman of Tata Sons for four years until October 2016, when he was ousted.
- The family's biggest asset is an 18.4% stake in Tata Sons, holding outfit of the $150 billion (revenue) Tata Group.
- Mistry suffered a double loss in 2022: his father and group patriarch Pallonji Mistry died in June. Three months later his younger brother Cyrus Mistry died in a car crash at age 54.
- Shapoor and Cyrus were jointly working to restructure the debt-laden family business by selling key assets.
- To reduce debt, the group plans to raise an estimated $850 million by listing privately held construction and engineering firm Afcons Infrastructure.
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