Portrait of Shapoor Mistry

Rank #748

Shapoor Mistry

Net worth $5.6B

Diversified · Ireland

Born
Sep 06, 1964
Age
61
Source
Diversified
Residence
Mumbai
Citizenship
Ireland
Marital status
Married
Children
2
Education

Net worth over time

Biography

  • Shapoor Mistry controls the 160-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 $180 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 raised a $646 million by listing privately held construction and engineering firm Afcons Infrastructure in 2024.

Financial assets

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