Who was Pallonji Mistry? All you need to know about the Indian billionaire
PremiumPallonji Mistry accumulated a net worth of almost $29 billion, according to the Bloomberg Billionaires Index, making him one of the richest men in India and in Europe
Pallonji Mistry, the Indian-born billionaire, has passed away in Mumbai. He was 93. A company spokesperson confirmed the death of the Indian tycoon. He died mid-sleep at his south Mumbai residence on the intervening night of Monday and Tuesday, the officials said, PTI reported.
“Pallonji Mistry , the end of an era. One of life’s greatest joys was to have witnessed his genius , his gentleness at work. My condolences to the family and his loved ones," tweeted Union Minister Smriti Irani.
Mistry and his family control the Shapoorji Pallonji Group, which started more than 150 years ago and today employs more than 50,000 people in over 50 countries, according to its website. Its landmark projects include the Reserve Bank of India and the Oberoi Hotel in Mumbai and the blue-and-gold Al Alam palace for the Sultan of Oman.
Here is all you need to know about the Indian billionaire Pallonji Mistry
MINT PREMIUM See All