Pallonji Mistry

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 Sons, which is primarily controlled by the Tata philanthropic Allied Trusts, and the largest individual shareholder in India's largest private conglomerate, Tata Group, the primary shareholder being the charitable Tata Trusts.

Pallonji Mistry was the chairman of the Shapoorji Pallonji Group, through which he owned Shapoorji Pallonji Construction Limited, Forbes Textiles and Eureka Forbes Limited. He was the former chairman of Associated Cement Companies.

His son, Cyrus, was chairman of Tata Sons from November 2011 to October 2016. Within the Tata Group, he is known as the Phantom of Bombay House for the quiet but assured way he commanded power around the Mumbai headquarters of the Tata empire. and US$29 billion at the time of his death. He was the richest Irish billionaire at the time of his death,

Personal life and death 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 remained in residence in Mumbai. The family's interest in Ireland is ascribed, in part, to their love of horses; Mistry owned a stud farm and a home in Pune, India.

Mistry has two sons and two daughters. His elder son, Shapoor Mistry (b. 1964), runs the Shapoorji Pallonji group, while his younger son, the late Cyrus Mistry (1968—2022), served for some years as chairman of the Tata group. Mistry's elder daughter is Laila. His younger daughter, Aloo, is married to Noel Tata, half-brother of Ratan Tata.

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

Mistry died in Mumbai on 28 June 2022 at the age of 93.