Cyrus Mistry Wiki, Net wroth, Age, Height, Education, Career, Family, Wife, Death, Biography & More: Cyrus Mistry was an Indian-born businessman from Ireland. He served as chairman of the Indian commercial giant Tata Group from 2012 to 2016. He was the group’s sixth chairman and the second without the Tata surname (after Nowroji Saklatwala). In December 2012, he assumed control of the Tata Group after being selected by a selection committee. Tata Sons’ board in October 2016 decided to terminate Mistry’s employment after giving him the opportunity to leave voluntarily. Let’s Check out Cyrus Mistry’s Wiki, Age, Height, Education, Career, Family, Wife, Death, Biography & More.
Cyrus Mistry Wiki/Bio:
|Real Name:||Cyrus Pallonji Mistry|
|Date of Birth:||04 July 1968|
Cyrus Mistry Age, Height, Weight:
|Age:||54 Years (At the time of Death)|
Cyrus Mistry Schooling & Education:
His schooling was at South Mumbai’s famous Cathedral & John Connon School.
He attended Imperial College London after schooling and graduated from the University of London in 1990 with a Bachelor of Engineering in civil engineering. He graduated from the London Business School with an International Executive Master in Management in 1996.
Cyrus Mistry Career:
Mistry started working in 1991 for Shapoorji Pallonji & Co. LTD. ., a family-owned construction company. Besides serving as chairman of Tata Sons and the Tata Group, Mistry is also managing director of Shapoorji Pallonji & Company.
A year after his father retired from Tata Sons, Mistry joined the board. From 24 September 1990 to 26 October 2009, he served as a Director of Tata Elxsi Limited and Tata Power Limited until 18 September 2006.
In 2013, Mistry was appointed chairman of Tata Sons. Furthermore, he served as chairman of every significant Tata organization, including Tata Industries, Tata Steel, Tata Motors, Tata Consultancy Services, Tata Power, Tata Teleservices, Indian Hotels, and Tata Global Beverages.
The Tata Sons Board decided to remove Mistry as chairman on October 24, 2016.
Cyrus Mistry Wife:
Mistry is married to Rohiqa Chagla, the granddaughter of M.C. Chagla and the daughter of lawyer Iqbal Chagla Chagla Chagla. They have two sons, Firoz Mistry and Zahan Mistry.
Cyrus Mistry Net Worth:
His net worth was approximately $10 billion in 2018. Through his company, Cyrus Investments Pvt. Ltd. he owned 18.4% of Tata Sons. Company Limited. Mistry was one of the richest men in India, according to the Bloomberg Billionaires Index. He was a member of the National Integration Council.
Relation with Ratan Tata
Cyrus Mistry’s brother-in-law is Noel Tata. Noel Tata is Ratan Tata’s half-brother. Reuters reported that Mistry’s father, a reclusive billionaire with an estimated $7.6 billion in wealth, helped his son rise to the top of Ratan Tata’s great-grandfather’s company.
Mistry vs Tata
The Tata group appointed Cyrus Mistry as its sixth chairman in 2012. However, he was removed from his position as chairman in 2016. In response, Mistry appealed the removal to the NCLAT as illegal. Mistry was reinstated as chairman by the NCLAT. NCLAT’s order was challenged in the Supreme Court by Tata group. In 2021, the Supreme Court stayed the order after a long tussle. Finally, the legal battle between Mistry and Tata group came to an end with the Supreme Court’s decision.
Cyrus Mistry Death:
On September 4, 2022, he was killed in a road accident.
Mistry’s Mercedes GLC 200D SUV was overspeeding on the Mumbai-Ahmedabad highway, reports say. In just nine minutes, the car covered 20 kilometres, which is about 150 kilometres per hour. Highway speed limits are set at 100 kilometres per hour by law.