Shapoor Mistry and his family have made it into the Top 10 club of the Forbes India Rich List, with a net worth of $16.9 billion. Shapoor Mistry now controls the Shapoorji Pallonji Group after the passing of his father and younger brother in 2022.
#ForbesIndiaRichList | Shapoor Mistry, who controls the Shapoorji Pallonji Group after the death of his father Pallonji Mistry, and younger brother Cyrus Mistry, in 2022, has a net worth of $16.9 billion along with his family, paving their way into the Top 10 club:… pic.twitter.com/ZCaxREa6Ku
— Forbes India (@ForbesIndia) October 12, 2023
Shapoor Mistry, the heir and controller of the renowned Shapoorji Pallonji Group, has been thrust into the spotlight following the tragic deaths of his father, Pallonji Mistry, and younger brother, Cyrus Mistry, in 2022. With a net worth of $16.9 billion, Shapoor Mistry and his family have now secured their place among the elite Top 10 billionaires, according to the Forbes India Rich List.
Shapoor Mistry, born into a family of illustrious business tycoons, inherited the reins of the Shapoorji Pallonji Group, a conglomerate with interests in construction, real estate, infrastructure, and engineering. Under his guidance, the group has witnessed significant growth and expansion, solidifying its position as a prominent player in the industry.
The late Pallonji Mistry, Shapoor’s father, was a highly respected figure both professionally and personally. He was instrumental in transforming the Shapoorji Pallonji Group into a global enterprise. Pallonji Mistry’s astute leadership and strategic vision propelled the conglomerate to new heights, making it a force to be reckoned with in various sectors.
Cyrus Mistry, Shapoor’s younger brother, was also an integral part of the family business. He had made notable contributions to the group’s success during his tenure as the chairman of Tata Sons, one of India’s largest conglomerates, which the Mistry family has a significant stake in. Cyrus Mistry’s leadership skills and innovative thinking were widely recognized in the business community.
The cause of death for both Pallonji Mistry and Cyrus Mistry remains unknown at this time. The sudden loss of these prominent figures has sent shockwaves through the business world and left their family, friends, and colleagues in mourning.
Shapoor Mistry now shoulders the responsibility of continuing the legacy of his father and brother, leading the Shapoorji Pallonji Group into the future. His wealth, influence, and business acumen position him as a formidable force in the industry. The world will be watching closely as he navigates the challenges and opportunities that lie ahead, ensuring the continued success of the conglomerate built by his family’s vision and hard work..
#ForbesIndiaRichList | Shapoor Mistry, who controls the Shapoorji Pallonji Group after the death of his father Pallonji Mistry, and younger brother Cyrus Mistry, in 2022, has a net worth of $16.9 billion along with his family, paving their way into the Top 10 club:… pic.twitter.com/ZCaxREa6Ku
— Forbes India (@ForbesIndia) October 12, 2023
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