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Meet Shapoor Mistry, who is leading 155-year-old .. p, he is elder brother of..., his net worth is...

Meet Shapoor Mistry, who is leading 155-year-old Shapoorji Pallonji Group, he is elder brother of..., his net worth is...


Published on 2025-02-16 07:21:05 - MSN
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  • The advisory board for SP Finance and SC Finance includes four family members: Shapoor Mistry, his son, and Cyrus Mistry's sons, Firoz and Zahan.

Shapoor Mistry, the elder brother of the late Cyrus Mistry, has taken the helm of the 155-year-old Shapoorji Pallonji Group, a conglomerate with interests in construction, real estate, textiles, and engineering. Following the tragic death of Cyrus Mistry in a car accident in 2022, Shapoor has been leading the group, which was founded in 1865 by his great-great-great-grandfather, Pallonji Mistry. The group is known for its significant stake in Tata Sons, holding about 18.4% of the shares, making it one of the largest shareholders. Shapoorji Pallonji Group has a net worth estimated at around $15 billion, with its operations spanning across India and internationally. Shapoor, who has been involved with the company for decades, now faces the challenge of steering the group through financial restructuring and strategic growth amidst economic fluctuations.

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[ https://www.msn.com/en-in/money/economy/meet-shapoor-mistry-who-is-leading-155-year-old-shapoorji-pallonji-group-he-is-elder-brother-of-his-net-worth-is/ar-AA1z95qm ]
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