Rohiqa Cyrus Mistry, the widow of Cyrus Mistry, has risen to prominence as one of India’s wealthiest women, following a period marked by profound personal loss. Her journey to billionaire status is intertwined with the legacy of the Shapoorji Pallonji Group and the Tata empire.
A Family’s Tragic Loss
In 2022, the Mistry family faced back-to-back tragedies. Cyrus Mistry, the former chairman of Tata Sons, died in a car accident in September, just months after the passing of his father, Pallonji Mistry, in June. These losses marked the end of an era for one of India’s most influential business families.
A Billionaire by Inheritance
Following her husband’s untimely death, Rohiqa Mistry inherited substantial stakes in the family’s business empire, including an 18.4% share in Tata Sons, the holding company of the Tata Group. This stake has elevated her to the position of India’s second-richest woman, with a net worth estimated at $9.3 billion (approximately ₹77,000 crore). As of 2023, she is one of only three Indian women to join the billionaire club, with Savitri Jindal remaining the richest.
Ties to the Tata Group
Rohiqa’s late husband, Cyrus Mistry, was appointed chairman of Tata Sons by Ratan Tata in 2012 but was controversially ousted in 2016. Despite this, the Mistry family’s significant holding in Tata Sons ensures their continued influence. Rohiqa also shares familial ties with Noel Tata, Ratan Tata’s half-brother, as his wife, Aloo Mistry, is Cyrus’s sister.
Legal and Family Legacy
Rohiqa comes from a distinguished legal lineage. Her grandfather, M.C. Chagla, served as Chief Justice of the Bombay High Court and held ministerial positions in the Indian government. Her brother, Riyaz Chagla, is a judge at the Bombay High Court.
Personal Life and Family
Rohiqa and Cyrus Mistry were married for over three decades and have two sons, Zahan and Firoz. She now focuses on preserving her family’s legacy while managing the responsibilities that come with her newfound wealth.
