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Cyrus Mistry Biography: Education, Parents, Full Name, Wife, News, Accident, Family and other details

Cyrus Mistry, the former Chairman of Tata Group was killed in a road accident in Palghar near Mumbai on September 4, 2022. Read more about his education, car accident, family, children, wife, business, and other details

Cyrus Mistry Biography
Cyrus Mistry Biography


Cyrus Mistry Biography: Cyrus Mistry, the former Chairman of Tata Group was killed in a road accident in Palghar near Mumbai on September 4, 2022. Mistry was 54 and was traveling from Ahmedabad to Mumbai in a Mercedes Car. As per the police officials, the accident took place around 3.15 PM, when Cyrus Mistry was traveling to Mumbai from Ahmedabad. The accident took place on a bridge over the Surya River. It seems like an accident.

Cyrus Mistry was the sixth Chairman of the Tata Group and only the second not to bear the surname after TATA. Cyrus Mistry was chosen by a selection panel to head the Tata Group in mid-2012. He later took charge in December 2012. Mistry also owned an 18.4% stake in Tata Sons, through his company, Cyrus Investments Pvt. Ltd. He was also a member of the National Integration Council.

Read Cyrus Mistry net worth, education, car accident, family, children, wife, business, and other significant details.

Cyrus Mistry Biography

Name

Cyrus Mistry

Birth

July 4, 1968

Death

September 4, 2022 (age 54)

Cause of Death

Car Accident

Citizenship

Irish

Education

Imperial College London, London Business School, University of Mumbai, Cathedral and John Connon School

Parents

Pallonji Mistry

Wife

Rohiqa Mistry

Children

Firoz Mistry, Zahan Mistry

Occupation

Businessman

Relatives

Noel Tata (brother-in-law)

Who was Cyrus Mistry?

Cyrus Mistry was an Indian-born Irish Businessman. He was the Chairperson of the Tata Group from 2012 to 2016. Cyrus Mistry was the sixth Chairman of the Tata Group and only the second one not to bear the surname Tata. He joined the family construction company, Shapoorji Pallonji & Co. Ltd as a Director in 1991. He had been the Managing Director of the company and also the Chairman of the Tata Sons and the Tata Group.


Cyrus Mistry was married to Rohiqa Chagla, the daughter of the lawyer Iqbal Chagla and the granddaughter of jurist M.C. Chagla. He was an Irish Citizen and a permanent resident of India (having acquired Overseas Citizenship of India). 

Cyrus Mistry, on September 4, 2022, along with the three family members of the Pandole family visited the Iranshah Atash Behram at Udvada. While returning to Mumbai, the Mercedes Car in which they were traveling crashed into a road divider in Palghar on a bridge over the Surya River. 

Cyrus Mistry Early Life, Family, Parents

Cyrus Mistry was born to a Parsi family in Bombay, Maharashtra. He was the younger son of the Indian Billionaire and the construction magnate Pallonji Mistry by his wife Patsy Perin Dubash. His parents belonged to a Zoroastrian faith and had roots in India.

Cyrus Mistry's mother was born in Ireland and his father chose to take up Irish Citizenship. Mistry had an elder brother, who is also an Irish citizen.

The Pallonji Family has been active in the business for over a century and it was in the 1930s that Cyrus Mistry's grandfather first acquired a stake in Tata Sons. The stake which now stands at 18.5%, was held by Mistry's father and comprises the largest block of shares held by a single party.

Cyrus Mistry Education

Cyrus Mistry was educated at the prestigious Cathedral & John Canon School in South Mumbai. He studied at the Imperial College London and was awarded the Bachelor of Engineering in Civil Engineering from the University of London in 1990. 

Mistry later studied at the London Business School and was awarded the International Executive Masters in Management from the University of London in 1996. 

Cyrus Mistry Net Worth

Cyrus Mistry owned an 18.4% stake in Tata Sons, through his company, Cyrus Investments Ltd. In the year 2018, Cyrus Mistry's net worth was approximately $10 billion. He was also a member of the National Integration Council. 

Cyrus Mistry Personal Life

Cyrus Mistry was married to Rohiqa Chagla, the daughter of the lawyer Iqbal Chagla and the granddaughter of jurist M.C. Chagla. Iqbal Chagla also strategized the course of action for Cyrus Mistry in the legal battle against Tata Sons. Cyrus Mistry and Rohiqa Chagla have two sons Firoz Mistry and Zahan Mistry. 

Cyrus Mistry Career

On September 2006, Cyrus Mistry joined the board of Tata Sons, a year after his father retired from it. He served as a director of Tata Elxsi Limited from September 24, 1990 to October 26, 2009 and was also a Director of Tata Power Co. Ltd until September 18, 2006.

In 2013, Cyrus Mistry was appointed the Chairman of Tata Sons. In addition, he was also the Chairman of all the major Tata Companies including Tata Motors, Tata Steel, Tata Consultancy Services, Tata Teleservices, Tata Power, Tata Global Beverages, and Tata Chemicals. 

However, in October 2016, the board of Tata Group's holding company, Tata Sons voted to remove Mistry from the post of Chairman after offering him an opportunity to resign voluntarily. A few months later, Natarajan Chandrashekharan was named as the new Chairman of the Tata Group.

Cyrus Mistry Car Accident

On September 4, 2022, Cyrus Mistry was killed in a car accident after his car hit a divider in Maharashtra's Palghar District. As per the police, the car, a Mercedes, crushed into a divider near Charoti on a bridge around 3.15 PM.

There were four people in the vehicle, of which two, including Cyrus Mistry, died on the spot and the other deceased person has been identified as Jahangir Binshah Pandole. Those injured in the accident have been identified as Dr. Anahita Pandole, a top gynecologist at Breach Candy Hospital, and her husband Darius Pandole. They have been admitted to the ICU of Rainbow Hospital in Vapi. 

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