Pallonji Mistry
Pallonji Mistry
Vikas Khot
At a Glance
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Age85
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Earnings$ 15.9 Billion
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Source of earningsDiversified
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Marital StatusMarried
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Children4
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ResidenceMumbai/London
Forbes India Lists
#4 India Rich List 2014
#5 India Rich List Rank 2013
Profile
Construction patriarch, who chairs Shapoorji Pallonji Group, got a $3.4 billion boost this year thanks to the rising value of his 18.4 percent stake in Tata Sons, holding outfit of the $103 billion (revenues) Tata Group whose chairman is his younger son Cyrus. Tata's star performer is Tata Consultancy Services, now India's most valuable company with a market cap of $83 billion. Net profits at auto flagship Tata Motors, whose chief executive committed suicide in February, tripled in the latest quarter to $885 million riding on rising sales at Jaguar Land Rover. Older son Shapoor, a horse racing enthusiast, chairs and runs the family's privately held construction to consumer goods empire.
