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.
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