Want to know what Cyrus Mistry Net Worth was at the time of his death? Starting from the basics, Cyrus Pallonji Mistry was a renowned businessman. Most of you must be well aware of the Tata Group. He served as the chairperson (sixth) of the same, from 2012 to 2016, for quite a few years. Later, he again joined the conglomerate serving in the same position, as Natarajan Chandrasekaran’s appointment was regarded as illegal. Not to forget to mention that Cyrus Mistry was also a member of the National Integration Council.
Knowing his versatility in the business field, people are lately curious to learn how much did he earn until his death. Well, Cyrus Mistry was not just associated with the Tata Group but also ran his self-titled company. Being a shareholder as well, he was believed to have made a lot of money. With his extravagant income, Cyrus had invested a part in real estate properties too. Let’s dive into this piece to learn the details of Cyrus Mistry Net Worth.
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Cyrus Mistry Net Worth: The Businessman’s Earnings Revealed
Talking about his monetary accumulation, Cyrus Mistry Net Worth is estimated to be $29 billion at the time of his death. When it came to his monetary wealth, he was considered one of the richest Indian businessmen. Little did you know, Cyrus held an 18.4% stake in Tata Sons, which added a hefty amount to Cyrus Mistry Net Worth. His family had a construction company, Shapoorji Pallonji & Co. Ltd. It was in 1991 when he joined the company as the director. For several years, Cyrus served as the director of Tata Elxsi Ltd. Throughout his chairmanship career, he served many Tata industries. Some are- Tata Steel, Tata Chemicals, Tata Global Beverages, Tata Motors, and a few more.
Back in 2018, Cyrus Mistry Net Worth was reported to be $10 billion. It is very much evident that over the years, his monetary worth had increased, and so did his responsibilities and work. As mentioned earlier, Cyrus owned a wide collection of luxurious branded cars.
It’s not just the Mercedes Benz but also several others making a list. We shall update it real soon. On the other hand, the house where Cyrus Mistry lived with his family, more precisely his Mumbai house, is believed to be worth a million dollars. Not just from the outside but also inside, it looks marvelous and is well furnished. He also owned a few more highly valued real estate properties across the world. His immense hard work did pay him off but he failed to enjoy or celebrate his work to the fullest.
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Death Cause
It was on 4 September 2022 when Cyrus Mistry passed away, leaving everyone in shock. His father, Pallonji Mistry, also died in June of this year at the age of 93. So, it’s just been a couple of months! Born in 1968, Cyrus was 54 years old at the time of his death. The cause has been the road accident when his Mercedes hit the divider in Palghar on a bridge over the Surya river. He was on his way to Mumbai, returning from Ahmedabad. It’s very saddening! May Cyrus Mistry’s soul rests in peace. Sending condolences to his family and close ones.
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