Highlights

  • The father of Cyrus Mistry, held 18% stake in Tata Sons
    Pallonji Mistry
  • Nicknamed 'Phantom of Bombay House'

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Business tycoon Pallonji Mistry passes away at 93

He was awarded the Padma Bhushan in January 2016 by the Government of India for his contributions in the field of trade and industry.

Business tycoon Pallonji Mistry passes away at 93. The Indian-born Irish billionaire construction tycoon was the chairman of Shapoorji Pallonji Group.

Father of Cyrus Mistry, held 18% stake in Tata Sons Pallonji Mistry was the largest individual shareholder of the Tata Group. He was also fondly nickanmed "Phantom of Bombay House" by the Indian press.

Pallonji Mistry as per the Bloomberg Billionaire Index is said to be worth over $28 billion.

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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