Cyrus Mistry was born to a Parsi family in Bombay (now Mumbai), Maharashtra. He was the younger son of Indian billionaire and construction magnate, Pallonji Mistry and his wife, Patsy Perin Dubash.
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Both his parents belong to the Zoroastrian faith and have roots in India. However, Mistry’s mother was born in Ireland, and his father chose to take up Irish citizenship.
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Image Credit: Hindustan Times
The Pallonji family have been active in business for a century, and it was in the 1930s that Mistry’s grandfather, Shapoorji Mistry, 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, some 66% stake in Tata Sons is controlled by charitable trusts set up by the family. Mistry grew up in affluent circumstances.


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