Pallonji Mistry
Pallonji Mistry
Vikas Khot
At a Glance
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Age87
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Earnings$ 13.9 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
#5 India Rich List 2016
#5 India Rich List Rank 2015
#4 India Rich List Rank 2014
#5 India Rich List Rank 2013
Profile
Reclusive tycoon's engineering and construction giant, 151-year-old Shapoorji Pallonji Group, is run by older son Shapoor. Younger son Cyrus chairs the $108 billion (revenue) Tata Group, a conglomerate of more than 100 companies, including valuable outsourcer Tata Consultancy Services. Mistry's 18.4% stake in holding outfit Tata Sons is his biggest asset. Shapoor is reportedly negotiating to acquire a 51% stake in Karaikal Port in South India. This year Mistry received the Padma Bhushan, one of India's highest civilian awards.
