Pallonji Mistry Net Worth

Pallonji Mistry, born in 1929 in Mumbai, India, is the reclusive tycoon who controls the 152-year-old Shapoorji Pallonji Group, an engineering and construction giant. He and his family own an 18.4% stake in Tata Sons, the holding outfit of the $100 billion Tata Group, and also own Eureka Forbes, the country's leading brand of water purifiers. His younger son Cyrus is currently involved in a legal battle with the Tata Group.
Pallonji Mistry is a member of Construction & Engineering

Age, Biography and Wiki

Birth Year 1929
Birth Place Mumbai, India, Ireland
Age 94 YEARS OLD
Residence Malabar Hill, South Mumbai, India
Citizenship Irish (previously Indian)
Alma mater Cathedral & John Connon School Imperial College London
Occupation Chairman of Shapoorji Pallonji Group 18.4% stake in Tata Sons
Spouse(s) Patsy Perin Dubash
Children 4, including Cyrus Mistry

💰 Net worth: $15.6 Billion (2024)

Pallonji Mistry is a renowned figure in the construction and engineering industry in Ireland. With his remarkable skills and expertise, he has amassed an impressive net worth of $15.6 billion, as estimated for the year 2024. Mistry's success can be attributed to his pioneering contributions in the field, as well as his astute business acumen. As a highly respected figure in the construction and engineering sector, Mistry's achievements and wealth continue to inspire and serve as a testament to his exceptional career.

2009 $2.5 Billion
2010 $5.8 Billion
2011 $8.8 Billion
2012 $9.7 Billion
2013 $10.5 Billion
2014 $12.8 Billion
2015 $16.3 Billion
2016 $12.5 Billion
2017 $14.3 Billion
2018 $17.72 Billion

Some Pallonji Mistry images

Biography/Timeline

1930

His Father first bought shares in Tata Sons in the 1930s, a stake that currently stands at 18.4%, making Mistry the largest individual shareholder in Tata Sons, which is primarily controlled by the charitable Tata Trusts.

2003

In 2003, Pallonji gave up his Indian citizenship to become an Irish citizen "on the basis of his marriage to an Irish-born national", Pat (Patsy) Perin Dubash, who was born in September 1939 in Hatch Street Nursing House in Dublin. He remains in residence in Mumbai.

2008

A short biography of Mistry was written in a 2008 book by Manoj Namburu titled The Moguls of Real Estate.

2011

His son, Cyrus, was chairman of Tata Sons from November 2011 to October 2016. Within the Tata Group he is known as the Phantom of Bombay House for the quiet but assured way he commands power around the Mumbai headquarters of the Tata empire.

2013

The Mistrys own a substantial construction company, Shapoorji Pallonji. Shapoorji, the group patriarch and Pallonji's Father, built some of Mumbai's landmarks around the Fort area – the Hong Kong & Shanghai Bank, the Grindlays Bank, the Standard Chartered Bank, the State Bank of India and the Reserve Bank of India buildings.

2016

He was awarded the Padma Bhushan in January 2016 by the Government of India for his contributions in the field of trade and industry.