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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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.
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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Shapoorji Pallonji Group is founded (Foundational Event).
His father, Cyrus Mistry, steps down from the SP Group to lead Tata Group (Pivotal Event).
His father, Cyrus Mistry, tragically dies in a car crash; Firoz inherits his stake (Inheritance).
Shapoor Mistry (his uncle) becomes Chairman of the SP Group (Executive Succession).
Firoz Mistry maintains his position as a major family shareholder, guiding the family's financial future (Financial Stewardship).
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.
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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).
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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-0.73% | -$41.48M
+0.23% | +$5.32M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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