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Business tycoon Pallonji Mistry dies at 93

 The Pallonji Mistry family owns 18.4% stake in Tata Sons, the holding company of the Tata group.

Shapoorji Pallonji group chairman and billionaire industrialist Pallonji Mistry passed away in Mumbai, company officials said. He died mid-sleep at his south Mumbai residence on the intervening night of Monday and Tuesday, the officials said. He was 93. Mistry accumulated a net worth of almost $29 billion, according to the Bloomberg Billionaires Index, making him one of the richest in India. Most of the family wealth, was derived from being the largest minority shareholder in Tata Sons.





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  1. Shapoorji Pallonji And Company Private Limited is a global, diversified organization of 18 major companies. We deliver end-to-end solutions in 6 business segments, namely Engineering & Construction, Infrastructure, Real Estate, Water, Energy, and Financial Services.

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