Ratan Tata Net Worth: $1 Billion
| Net Worth: | $1 Billion |
| Date of Birth: | Dec 28, 1937 |
| Age: | 85 years |
| Profession: | Businessperson, Entrepreneur |
| Nationality: | India |
Ratan Tata net worth is around $1 billion. Ratan Tata is the chairman of the Tata Group, as well as other major Tata companies.
Ratan Tata has accumulated his net worth through business and his stake in Tata Sons.
Ratan Tata Biography:
| Born | Ratan Naval Tata 28 December 1937 (age 86) Bombay,Bombay Presidency, British India (present-day Mumbai, Maharashtra, India) |
|---|---|
| Alma mater | Cornell University (BArch) |
| Occupation | Businessman,philanthropist, investor |
| Title | Chairman Emeritus, Tata Sons and Tata Group |
| Term | (1991–2012) (2016–2017) |
| Predecessor | JRD Tata |
| Successor | Cyrus Mistry (2012 -2016) Natarajan Chandrasekaran (2017–present) |
| Parent(s) | Naval Tata |
| Relatives | Tata family |
| Awards | Assam Baibhav (2021) Padma Vibhushan (2008) Maharashtra Bhushan (2006) Padma Bhushan (2000) |
Ratan Tata was born in Bombay, British India, in 1937. Ratan Tata parents, Naval Tata (father), and Soonoo Commisariat (mother) was a well known family in the community of Parsi.
Ratan Tata mother and father separated and Ratan was raised by his grandmother (Lady Navajbai) in Mumbai. Ratan Tata attended Campion School and later earned a B.S. in structual engineering and architecture at Cornell University, in 1962.
Ratan Tata also graduated from Harvard Business School, after completing an Advanced Management Program, in 1975.
Ratan Tata started out with the blast furnace in Jamshedpur. In 1971, Ratan Tata became the Director of NELCO, which was not doing well at the time. Ratan Tata was able to up the market share by 23%, but the company quickly began to decline, due to labor issues and the economy.
Ratan Tata helped to turn around the Empress Mills but because he wasn’t allowed the Rs 50 lakh he needed, the company was shut down in 1986. Since then, Ratan Tata has taken over the position of Tata Industries chairman, after JRD Tata stepped down, in 1981 and has become group chairman of the Tata group.
Ratan Tata was responsible for obtaining many companies, such as, Tetley, Land Rover, Corus and Jacquar. Other major Tata companies include Tata Steel, Tata Motors, Tata Teleservices, The Indian Hotels Company, Tata Power, Tata tea, and Tata Chemicals. Ratan is recognized for turning Tata into a world wide success.
Ratan Tata is on the program board of the Bill and Melinda Gates Foundation’s India aids initiative, is a member of the Prime Minister’s Council on Trade and Industry, as well as, the board of governors for the East /West Center, and on the advisory board of RAND’s Center for Asia Pacific Policy.
Ratan Tata is also on the boards of Booz Allen Hamilton, American International Group, Mitsubishi Corporation, and J.P.Morgan. Ratan Tata is well known and honored, internationally.
Ratan Tata also belongs to the BMB Group, as an advisory board member, a University of Southern California, and Cornell University board of trustees member, is a board member on the Republic of South Africa’s International Investment Council, as well as, a member of the Asia-Pacific Advisory Committee for the New York Stock Exchange.
Ratan Tata Awards:
Ratan Tata has many several awards, such as, Honorary Doctor of Laws (2010), Honorary Citizen of Singapore (2007), Honorary Economic Advisor (2004), Legend in Leadership Award (2010), and many more.
Ratan Tata Interesting facts:
- Ratan Tata is also known for his efforts towards the development of Indica and the four passenger city car, the Nano.
- It is considered to be one of the most inexpensive cars in the world, today. Because of the low price, this little car has made it affordable for all people.
- It has become a very popular, and trendy vehicle, in India.
