{"id":50548,"date":"2022-06-28T12:21:00","date_gmt":"2022-06-28T06:51:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=50548"},"modified":"2022-06-28T12:24:25","modified_gmt":"2022-06-28T06:54:25","slug":"billionaire-pallonji-mistry-passes-away-know-his-biggest-achievements-here","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/billionaire-pallonji-mistry-passes-away-know-his-biggest-achievements-here\/","title":{"rendered":"Billionaire Pallonji Mistry passes away; Know his biggest achievements here"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2261942540\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Business Tycoon Pallonji Mistry, who was the chairman of the Shapoorji Pallonji group, passed away last night, mid-sleep, at his residence in South Mumbai. He was 93.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-20885616\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>\u201cPallonji Mistry, the end of an era. One of life\u2019s greatest joys was to have witnessed his genius, his gentleness at work. My condolences to the family and his loved ones,&#8221; tweeted Union Minister for Women and Child Development, Smriti Irani.<\/p><h4 class=\"wp-block-heading\"><strong>About the Shapoorji Pallonji Group<\/strong><\/h4><p>The 156-year-old Shapoorji Pallonji Group is one of the largest business firms in India and Pallonji Mistry joined the company in 1947 and was credited for its success.\u00a0<\/p><p>The group employs more than 50,000 people in more than 50 countries. It covers six business segments- engineering and construction, infrastructure, real estate, water, energy and financial services.<\/p><div class=\"trade-content_5\" id=\"trade-574005836\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>&nbsp;Some of the landmark projects of the group include the Reserve Bank of India, Citibank headquarters in India, SAIL Steel Plant, the Jawaharlal Nehru Stadium in Delhi, the Oberoi Hotel in Mumbai, the Bombay Stock Exchange (BSE) building, Brabourne Stadium, the Malabar Hill reservoir and the blue-and-gold Al Alam palace for the Sultan of Oman.<\/p><h4 class=\"wp-block-heading\" id=\"h-achievements-pallonji-mistry\"><strong>Achievements- Pallonji Mistry<\/strong><\/h4><ul class=\"wp-block-list\"><li>He was born in 1929 and schooled at Mumbai\u2019s Cathedral &amp; John Connon School before heading to London\u2019s Imperial College for higher education.\u00a0<\/li><li>In the year 2016, the reclusive billionaire received the Padma Bhushan, India\u2019s third-highest civilian award, for his contribution as an industrialist. He was one of the oldest billionaires in India.<\/li><li>As per the latest Forbes data, he had a net worth of over USD 13 billion, ranking at 143 worldwide, making him one of the richest men in India and in Europe.<\/li><li>As per a court filing in 2018, he held 18.37% via the Shapoorji Pallonji Group, in the Tata Group, making him the largest individual shareholder in the conglomerate. Shapoorji Pallonji, his father bought Tata Sons\u2019 shares in 1930.<\/li><li>Pallonji Mistry led the company\u2019s expansion into the Middle East, including Abu Dhabi, Qatar and Dubai, in 1970.<\/li><li>For his powerful boardroom presence, he was nicknamed the \u201cPhantom of Bombay House\u201d.<\/li><\/ul><p>He is survived by his wife \u2014 Patsy Perin Dubash, and four children. Shapoor Mistry runs the Shapoorji Pallonji Group, while Cyrus Mistry served as Tata Group Chairman from 2012 to 2016. He has two daughters Laila Mistry and Aloo Mistry. The latter is married to Ratan Tata\u2019s half-brother Noel Tata.\u00a0\u00a0<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By &#8211; Simran Bafna<\/strong><\/p><\/blockquote><div class=\"trade-after-content\" id=\"trade-2949390030\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Business Tycoon Pallonji Mistry, who was the chairman of the Shapoorji Pallonji group, passed away last night, mid-sleep, at his residence in South Mumbai. He was 93. \u201cPallonji Mistry, the end of an era. One of life\u2019s greatest joys was to have witnessed his genius, his gentleness at work. My condolences to the family and [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":50550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[4218,4217,4219],"class_list":["post-50548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-how-is-pallonji-mistry-irish","tag-how-is-shapoorji-pallonji-related-to-tata","tag-is-cyrus-mistry-a-parsi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Billionaire Pallonji Mistry passes away; Know his biggest achievements here - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/billionaire-pallonji-mistry-passes-away-know-his-biggest-achievements-here\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Billionaire Pallonji Mistry passes away; Know his biggest achievements here\" \/>\n<meta property=\"og:description\" content=\"Business Tycoon Pallonji Mistry, who was the chairman of the Shapoorji Pallonji group, passed away last night, mid-sleep, at his residence in South Mumbai. 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