4. Pallonji Mistry

• Net Worth: $12.5 B                                                                       
• Source of Wealth: construction
• Citizen: India
• Age: 84

Ranked four in the list of India’s richest people, Pallonji Mistry is Chairman and Managing Director of Shapoorji Pallonji Group. He has acquired an Irish citizenship. His son Cyrus Mistry will take over reigns of Tata Group from Ratan Tata. Shapoorji Family owns around 18.4 percent stakes in Tata Group and also this family is largest individual share-holder in Tata.