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Pallonji Mistry
Rank #151

Pallonji Mistry

$12023.7B

Mumbai, , Ireland

Construction & Engineering

Biography

Reclusive tycoon Pallonji Mistry controls Mumbai-headquartered engineering and construction giant, the 156-year-old Shapoorji Pallonji Group.

The S.P. Group, run by Mistry's older son Shapoor, also owns Eureka Forbes, the country's leading brand of water purifiers.

The family's biggest asset is an 18.4% stake in Tata Sons, holding outfit of the $103 billion (revenue) Tata Group, a conglomerate of 30 companies.

After Mistry's younger son Cyrus was ousted as chairman of Tata Sons in October 2016, the two families have been at loggerheads.

In September 2020, the Mistrys decided to sell their Tata Sons' stake saying "a separation of interests would best serve all stakeholder groups."

Financial Assets

Forbes & Co. Ltd.

BSE INDIA: 502865-IN

Shares: 4,850,000

Indian Hotels Co Ltd

BSE INDIA: 500850-IN

Shares: 51,610,320

Sterling and Wilson Solar

BSE INDIA: 542760-IN

Shares: 68,360,000

Tata Chemicals Ltd

BSE INDIA: 500770-IN

Shares: 8,970,000

Tata Communications Ltd

BSE INDIA: 500483-IN

Shares: 3,970,000

Tata Consultancy Services Ltd.

BSE INDIA: 532540-IN

Shares: 293,960,000

Tata Elxsi Limited

BSE INDIA: 500408-IN

Shares: 2,900,000

Tata Global Beverages Ltd

BSE INDIA: 500800-IN

Shares: 29,660,000

Tata Investment

BSE INDIA: 501301-IN

Shares: 3,828,000

Tata Motors

BSE INDIA: 500570-IN

Shares: 158,760,000

Tata Power

BSE INDIA: 500400-IN

Shares: 158,300,000

Tata Steel

BSE INDIA: 500470-IN

Shares: 43,400,000

Titan Industries

BSE INDIA: 500114-IN

Shares: 20,430,000

Trent

BSE INDIA: 500251-IN

Shares: 12,732,000

Voltas Ltd

BSE INDIA: 500575-IN

Shares: 9,730,000