Ireland's richest person Pallonji Mistry dies, aged 93

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Pallonji Mistry became an Irish citizen in 2003; Forbes recently put his personal wealth at $15 billion

He was consistently ranked as the richest person in Ireland, with his wealth recently valued at $15 billion on the Forbes Rich List.He was the son of Shapoorji Pallonji, who established the construction and engineering firm Shapoorji Pallonji Group, or SP Group.

Pallonji Mistry eventually became its chairman, and led the company's expansion into many new markets. He also spear-headed investments into other areas, including a significant stake in India’s Tata Motors. However the relationship between Tata and SP Group broke down with one of Pallonji’s sons, Cyrus, being ousted at Tata’s chairman in 2016.Shapoor is the current chairman of SP Group.

 

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