Low-profile billionaire philanthropist Pallonji Mistry passes away at 93

The chairman of the Shapoorji Pallonji Group, Mistry always kept a low profile and was often known as the "phantom of Bombay House" for his indirect influence over the Tata Group affairs

Billionaire philanthropist Pallonji Mistry died early today morning at his home. He was 93.

He passed away peacefully and is survived by his wife Patsy, daughters Laila Rustom Jehangir, Aloo Noel Tata, sons Shapoor Mistry and Cyrus Mistry.

Mistry, whose family has owned a sprawling construction business for over 150 years--the Shapoorji Pallonji Group and 18.4 per cent stake in Tata Sons, is survived by his sons Shapoor and Cyrus and a daughter, Aloo. Mistry was ailing for a long time, group officials said.

Mistry always kept a low profile and was often known as the "phantom of Bombay