Biography of Pallonji Mistry.

-

Pallonji Shapoorji Mistry

           Pallonji Shapoorji Mistry  (Born on 1929) is an Indian-born Irish billionaire construction tycoon and chairman of Shapoorji Pallonji Group who is the richest Irish person. According to Forbes, his wealth is estimated to be US$14.4 billion as of October 2019. With his 18.3% stake in Tata Sons, he is the largest individual shareholder in India's largest private conglomerate, Tata Group, the primary shareholder of which is the Tata philanthropic Allied Trusts, with 66 per cent controlling interest.


 Early life
Pallonji Mistry was born in a Parsi family from Gujarat.
Mistry was educated at the Cathedral & John Connon School, followed by Imperial College London.
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 Indiabuildings.
Personal life
              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 at Hatch Street Nursing House in Dublin. He remains in residence in Mumbai. The family's interest in Ireland is ascribed, in part, to their love of horses; Mistry owns a 200 acres (0.81 km2) stud farm and a 10,000-square-foot (930 m2) home in Pune, India.
                       He has two sons and two daughters, one of whom, Aloo, is married to Noel Tata, the half-brother of Ratan Tata.
Recognition
A short biography of Mistry was written in a 2008 book by Manoj Namburu titled The Moguls of Real Estate.
He was awarded the Padma Bhushan in January 2016 by the Government of India for his contributions in the field of trade and industry.











Comments

Post a Comment

Popular posts from this blog

Biography of Lakshmi Mittal.

-
Image
Lakshmi Niwas Mittal                 Lakshmi Niwas Mittal  (  born 15 June 1950) is an  Indian  born steel  magnate ,  based in the  United Kingdom . He is the chairman and  CEO  of   ArcelorMittal , the world's largest steel making company. Mittal owns 38% of Arcelor Mittal and holds an 11% stake in   Queens Park Rangers F.C. .                   In 2005,  Forbes  ranked Mittal as the third-richest person in the world, making him the first Indian citizen to be ranked in the top ten in the publication's annual list of the world's richest people.    In 2007, Mittal was considered to be the richest Asian person in Europe . He was ranked the  sixth-richest person in the world by  Forbes  in 2011, but dropped to 82nd place in March 2015. He is also the "57th-most powerful person" o...
Read more

Biography of Rathan Tata.

-
Image
Rathan Tata           Ratan Naval Tata  (born on 28 December 1937) is an Indian industrialist, philanthropist, and a former chairman of  Tata Sons . He was also chairman of  Tata Group , from 1990 to 2012, and again, as interim chairman, from October 2016 through February 2017, and continues to head its charitable trusts.   .   He is well known for his business ethics and philanthropy.              He is a scion of the   Tata family , and great-grandson of  Jamshedji Tata , the founder of  Tata Group . He is an alumnus of the   Cornell University College of Architecture . He joined his company in 1961, and was the apparent successor to  J. R. D. Tata  upon the latter's retirement in 1991. During Ratan Tata's chairmanship of 21 years, revenues grew over 40 times, and profit, over 50 times.  He boldly got  Tata Tea  to acquire  Tetley ,  T...
Read more