NEW DELHI: Cyrus Mistry’s sons, Firoz and Zahan, have emerged because the wealthiest billionaires beneath 30, as reported by Forbes. In response to the newest Forbes Billionaires Listing for 2024, the highest 25 youngest billionaires globally collectively maintain a wealth of $110 billion. Zahan and Firoz Mistry, the sons of the late former chairman of Tata Sons, Cyrus Mistry, lead the checklist of younger Indian billionaires beneath 30.Aged 25 and 27, respectively, their mixed wealth quantities to $9.8 billion ($4.9 billion every), inherited following their father’s demise in a automobile accident in 2022. Each residing in Mumbai regardless of holding Irish citizenship, they inherited a portion of the household’s 18.4% stake in Tata Sons.Firoz Mistry, who’s the elder of the 2 brothers and pursued his training on the College of Warwick, additionally inherited an 18.4% stake in Tata Sons after his father’s demise. He holds a 25% stake in Shapoorji Pallonji Group and is concerned in initiatives to boost capital by itemizing Afcons Infrastructure, a privately held building and engineering agency. Zahan Mistry, who has pursued his training at Yale College, like his broether holds a 25% stake within the Mumbai-based building conglomerate Shapoorji Pallonji Group, chaired by his uncle, Shapoor Mistry, Zahan is actively engaged within the household enterprise.This yr, India witnessed the addition of 25 new billionaires, elevating the overall rely to 200 billionaires, a surge from 169 recorded final yr, as per the newest Forbes World’s Billionaires Listing 2024. India now ranks third globally, boasting a file variety of billionaires.
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