Ireland's richest person dies aged 93
Author | Ronan McGreevy |
Published date | 29 June 2022 |
Publication title | Irish Times: Web Edition Articles (Dublin, Ireland) |
His wealth has been estimated by Forbes at $15 billion (€14.27 billion) making him the richest Irish citizen and the 125th richest man in the world.
Bloomberg Billionaires Index rates his accumulated worth of almost twice that figure at $29bn (€27.4 billion) making him one of the richest men in India and in Europe.
The couple's sons Cyrus and Shapoor, who are involved in the family business, are also Irish citizens.
Mr Mistry was born in India in 1929 to a wealthy family. His grandfather established the Shapoorji Pallonji group in 1865 in then-Bombay (now Mumbai).
He joined the family's construction firm at the age of 18 in 1947. As chairman of the Shapoorji Pallonji Group, he expanded its reach internationally with engineering and construction, infrastructure, real estate, water energy and financial services arms.
Mr Mistry led the company's expansion into Abu Dhabi, Qatar and Dubai, and the group now employs more than 50,000 people in more than 50 countries.
In 2014, Cricket Ireland announced a 10-year multi-million euro...
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