India is home to several billionaires, including Mukesh Ambani, Gautam Adani, Savitri Jindal, and Dilip Shanghvi, among others. Forbes recently shared a list of the top 25 youngest billionaires, who have a combined net worth of $110 billion (approximately over Rs 9 lakh crore). Interestingly, the list is led by Firoz and Zahan Mistry, the sons of the late former chairman of Tata Sons, Cyrus Mistry, who are aged 27 and 25, respectively. Scroll down to learn more about the new billionaires.
All you need to know about Cyrus Mistry’s sons, Zahan and Firoz Mistry, who’ve topped Forbes Richest Billionaires under 30 list
Net worth
According to the Forbes report, the Mistry brothers have a combined net worth of $9.8 billion (approximately Rs 81,600 crore) ie. $4.9 billion each (approximately Rs 40818 crore). A major portion of Zahan and Firoz Mistry’s wealth is inherited from their father, Cyrus Mistry, who passed away in a car accident in 2022. Additionally, the Forbes report also stated that the duo (Zahan and Firoz Mistry) inherited a portion of their family’s 18.4% stake in Tata Sons.
Family business
Zahan and Firoz Mistry are both citizens of Ireland but reside in Mumbai. They joined their family business and were promoted to executive roles after 18 months in the company.
Education
Firoz Mistry, 27, the eldest son of Cyrus Mistry, graduated from the University of Warwick. Zahan Mistry, who is 25 years old, completed his education at Yale University.
Firoz Mistry
In addition to inheriting a portion of the 18.4% stake in Tata Sons, Firoz Mistry also holds a 25% stake in Shapoorji Pallonji Group, a giant construction firm, chaired by his uncle Shapoor Mistry. According to various online reports, Firoz Mistry plays an active role in managing Afcons Infrastructure, an engineering and construction firm.
Zahan Mistry
Just like his elder brother, Zahan Mistry also holds Irish citizenship. He too stayed back in the country to join his family business. He also holds a 25% stake in their family’s construction firm, Shapoorji Pallonji Group, and has been actively involved in running it.
