BillionaireNet
Mistry
Shapoor Mistry
Rank #525
IRELANDdiversifiedDiversified

Shapoor Mistry

Net Worth
$7.169B
+1.08% (24h)
Shapoor Mistry, an Irish citizen, born in 1964, is the Chairman of the Shapoorji Pallonji Group, a diversified conglomerate with interests spanning construction, real estate, infrastructure, and energy. With an estimated net worth of $7.1 billion, Mistry ranks among the wealthiest individuals globally. His wealth stems from a diversified portfolio and a significant stake in Tata Sons, the holding company of the Tata Group. Mistry's career includes steering the 160-year-old Shapoorji Pallonji Group, expanding its global footprint to over 60 countries. He is known for his strategic vision and leadership, emphasizing innovation, financial prudence, and corporate responsibility. Mistry's achievements include restructuring the group, venturing into new sectors, and fostering a culture of collaboration.

The Full Dossier

Early Life and Education

Shapoor Mistry was born in September 1964, into the prominent Mistry family of India. He is the eldest son of Pallonji Mistry and Patsy Perin Dubash. He pursued early education in India and later attended Richmond Upon Thames College in the United Kingdom, where he acquired the skills to lead his family's diverse business empire.

Rise to Success

Mistry's rise to success is closely tied to his role as Chairman of the Shapoorji Pallonji Group, a 157-year-old engineering and construction giant. Under his leadership, the group has expanded its operations globally, executing projects in over 60 countries. Shapoor has overseen the group's diversification into sectors like infrastructure, real estate, renewable energy, and financial services. In 2024, the family was ranked 13th on Forbes list of India's 100 richest tycoons.

Key Business Strategies

Shapoor Mistry's key business strategies focus on innovation, global competitiveness, and corporate responsibility. He has championed strategic expansion, modernized operations, and prioritized financial discipline. Notably, he restructured the group by creating independent entities, SP Finance and SC Finance, to manage infrastructure and real estate operations separately, enhancing operational efficiency and ensuring long-term sustainability. Mistry is also focused on financial prudence and risk management, which includes raising $850 million by listing Afcons Infrastructure.

Philanthropy

Mistry, through the Pallonji Mistry Foundation, supports various projects across sectors such as education, health, arts, and culture. He has shown a commitment to giving back to society and has invested in community development, education, healthcare, and environmental conservation.

Career Timeline

2023

Listing of Afcons Infrastructure

Initiated plans to raise $850 million by listing privately held construction and engineering firm Afcons Infrastructure to reduce debt.

2022

Restructuring of Shapoorji Pallonji Group

Restructured the company to increase operational efficiency and ensure long-term sustainability through the creation of SP Finance and SC Finance.

2012

Chairman of Shapoorji Pallonji Group

Assumed leadership of the Shapoorji Pallonji Group, succeeding his father. Oversaw the group's diversification and global expansion.

Philanthropic Impact

Philanthropy$XB

Pallonji Mistry Foundation

Supports projects in education, healthcare, arts, and culture.

Healthcare$XB

Cancer Hospital Construction

Supported construction of a state-of-the-art cancer hospital in Mumbai.

Wealth Trajectory