Pallonji Mistry
Pallonji Mistry
Vikas Khot
At a Glance
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Age86
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Earnings$ 14.7 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
#5 India Rich List 2015
#4 India Rich List Rank 2014
#5 India Rich List Rank 2013
Profile
Tycoon's construction giant, Shapoorji Pallonji Group, run by older son Shapoor, is celebrating its 150th anniversary this year. Its real estate arm recently partnered with Standard Chartered Private Equity, the International Finance Corp. and the Asian Development Bank in a $200 million venture to build 20,000 affordable homes. Mistry's biggest source of wealth remains his 18.4% stake in Tata Sons, the holding company for the $109 billion (revenues) Tata Group, chaired by younger son Cyrus.
