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1308
In the world today
Firoz Mistry

Firoz Mistry

F. Mistry
-0.34% | - $-10.94M
$3.17 B ₹ 28,871 Cr
Real Time Net Worth #1308 Ranking as of 21 Feb 2026 By Forbes

More on Firoz Mistry

Gender

Male

Age

46Y

Country

Ireland

Born On

January, 1980

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited

Primary Organization

Unknown

Titles

Unknown

Sources of Wealth

Shapoorji Pallonji Group, Tata Sons

Industry

Construction, Diversified, Investments

About Firoz Mistry


F iroz Mistry is an Irish billionaire and a member of the powerful and reclusive Mistry family. He is the younger son of the late Pallonji Mistry, the patriarch who controlled the Shapoorji Pallonji Group, a 150-year-old Indian construction and engineering giant. A significant portion of the family's immense wealth also comes from their massive and long-held stake in Tata Sons, the holding company for India's largest conglomerate, the Tata Group.

Following the death of both his father and his older brother, Cyrus Mistry, in 2022, Firoz, along with his mother and sister, inherited the family's vast fortune. His late brother, Cyrus, was famously the chairman of the Tata Group before being ousted in a high-profile corporate battle. Firoz is not known to be actively involved in the day-to-day management of the family's businesses. His wealth is derived from his inherited stake in the family's construction empire and their highly valuable holding in the Tata Group. The family holds Irish citizenship and is based in Mumbai.

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Quick Reads


  • An heir to the Shapoorji Pallonji Group and Tata Sons fortune.
  • Younger son of the late patriarch, Pallonji Mistry.
  • His family is the largest single shareholder in Tata Sons, the holding company for the Tata Group.
  • His brother, the late Cyrus Mistry, was a former chairman of Tata Group.
  • He and his family hold Irish citizenship.

Early Life and Background


Firoz Mistry is an Irish-Indian billionaire heir. His wealth is rooted in his family's massive industrial and construction conglomerate, the Shapoorji Pallonji Group (SP Group), and its substantial 18.4 percent stake in Tata Sons, the holding company of the vast Tata conglomerate. He is the son of the late Cyrus Mistry (d. 2022), the former Chairman of Tata Sons, who tragically died in a car crash.

Firoz inherited part of his family's controlling stake in Tata Sons, which provides the primary foundation of his wealth. His family holds Irish citizenship but the SP Group is headquartered in Mumbai, India. His career is defined by the generational stewardship of one of India's most important industrial and construction legacies.

Career Journey of Firoz Mistry


Firoz Mistry's role is one of generational stewardship and financial management of the family's immense assets. His uncle, Shapoor Mistry, is the current Chairman of the Shapoorji Pallonji Group, which was founded in 1865 and is a global leader in construction, engineering, and infrastructure. The SP Group is responsible for building landmark projects like the Mumbai Central Railway station and The Imperial (Mumbai's tallest building at the time).

The family's structural financial focus in recent years has been on debt reduction, including plans to raise capital by listing the construction and engineering firm Afcons Infrastructure. Firoz's wealth is secured by the colossal, long-term appreciation of the Tata Sons stake and the profitable operations of the Shapoorji Pallonji Group, cementing his status as a key heir in the Indian-Irish industrial elite.

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Firoz Mistry's Timeline


1865:

Shapoorji Pallonji Group is founded (Foundational Event).

2012:

His father, Cyrus Mistry, steps down from the SP Group to lead Tata Group (Pivotal Event).

2022 (September):

His father, Cyrus Mistry, tragically dies in a car crash; Firoz inherits his stake (Inheritance).

Ongoing:

Shapoor Mistry (his uncle) becomes Chairman of the SP Group (Executive Succession).

Ongoing:

Firoz Mistry maintains his position as a major family shareholder, guiding the family's financial future (Financial Stewardship).

Major Business Ventures and Investments


Firoz Mistry's wealth is concentrated in his inherited equity stake in the private holding company, Tata Sons, and his family's ownership of the Shapoorji Pallonji Group.

  • Tata Sons (Major Minority Shareholder): The primary source of his liquid wealth, representing the family's 18.4 percent stake in the holding company of the vast Tata conglomerate.
  • Shapoorji Pallonji Group (Heir): The core private industrial asset, a global leader in construction, engineering, and infrastructure (founded 1865).
  • Investment Strategy: His family’s current focus is on debt reduction and asset monetization (e.g., listing Afcons Infrastructure, selling stakes in Sterling & Wilson Solar).
  • Citizenship: He holds Irish citizenship due to the family's international ties.

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Philanthropy and Social Impact


Firoz Mistry's social impact is structural, stemming from the Shapoorji Pallonji Group's role as a major industrial employer and foundational builder of Indian infrastructure (hospitals, roads, stadiums, real estate). The company’s long history contributes immensely to the nation's economic development.

His personal philanthropy supports various community and educational initiatives, reflecting the family's long-standing tradition of civic engagement and its commitment to social welfare (e.g., building night shelters for the poor in West Bengal).

Fashion, Style, and Lifestyle


Firoz Mistry maintains the discreet, professional style of an industrial heir. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic is one of stability and quiet, established authority, reflecting the long history and conservative nature of the SP Group.

Residing in Mumbai, India, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to the stewardship of his family's industrial and financial legacy, ensuring the long-term stability of the Tata Sons stake.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the son of the late Cyrus Mistry, former Chairman of Tata Sons.
  • His family owns an 18.4 percent stake in Tata Sons.
  • The Shapoorji Pallonji Group (SP Group) was founded in 1865.
  • The SP Group built the Mumbai Central Railway station.
  • His family provided the funding for the Bollywood film Mughal-e-Azam (1960).
  • His fortune is tied to the long-term appreciation of the Tata Sons stake.
  • His family is in the process of reducing debt through the listing of Afcons Infrastructure.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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