Pallonji Mistry

Pallonji Mistry

[table border=”0″]Net Worth, $10.3 Billion,,,
Source of Wealth, Construction tycoon,,,
Nationality, Irish,,,
Age, 84,,,[/table]

Pallonji Mistry is of Parsi descent and was born in India. He is a media billionaire and current Irish citizen. His life story was recorded in a 2008 biographic book written by Manoj Namburu. The book covers tycoons of the property and real estate industry. It is called The Moguls of Real Estate. When he became an Irish citizen in 2003, he had to denounce his citizenship in India due to Indian citizenship laws. He is a mogul of the construction industry and has an estimated net worth of $9.7 billion.

Mistry used to serve on the board of Associated Cement Companies as Chairman. His father purchased the family’s first shares in Tata Sons during the 1930s. Today, Mistry owns 18.4% in shares of the Tata Group Multinational. As Chairman of Shapoorji Pallonji, he is owner of its subsidiaries Shapoorji Pallonji Construction Limited, Eureka Forbes Limited, and Forbes Textiles. The entire Mistry family has benefited from these Tata Sons investments. Cyrus Mistry, Pallonji’s son, has been the deputy chairman for Tata Sons since the end of 2012.

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