Shapoorji pallonji cyrus mistry biography

Indian-born Irish billionaire businessman (1929–2022)

Pallonji Shapoorji Mistry (1 June 1929 – 28 June 2022) was an Indian-born Irish billionaire businessman. He was chairman of the Shapoorji Pallonji Group and a major shareholder of India's largest private conglomerate, Tata Group.

Early life

Pallonji Mistry was born to Shapoorji Mistry in Bombay (now Mumbai) on 1 June 1929.^[2] He was a member of Parsi community in Bombay.^[3]

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 India buildings.^[4]

Career

His father first bought shares in Tata Sons in the 1930s, a stake that as of 2011 stood at 18.4%, making Mistry the largest individual shareholder in Tata Son