As business tycoon Ratan Tata bids farewell to the iconic Tata empire, here we take a look at Cyrus Mistry - the man who will step in to fill Tata's shoes.
Source : PTI
In November last year, it was finally revealed that 43-year-old Cyrus Mistry would take over as Chairman of Tata Sons from December 2012. The announcement ended months of speculation about who Ratan Tata's heir to the 80 billion dollar worth company would be.
Source : AP
Mistry resigned as Managing Director of construction giant, the Shapoorji Pallonji Group, but was no stranger to Tata Sons, having been appointed to the company's board in 2006.
Source : in.com
His father, Pallonji Mistry, is India's ninth richest Indian and according to Forbes magazine, his worth is estimated at 7.6 billion dollars. The Shapoorji Pallonji group is one of India's oldest construction groups and built the Sultan of Oman's palace.
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In 2010, a five-member panel was set up by Tata Sons to find a suitable heir. Among the candidates, pundits predicted that Ratan's half brother, Noel Tata, would certainly picked but in the end, he lost out to Mistry who also happens to be Noel's brother-in-law
Source : PTI
Mistry was born on July 4, 1968, and is a graduate in Civil Engineering from the Imperial College of Science, Technology and Medicine, London. He is also an avid golfer.