Brief story of Ratan Tata
“I don’t believe in taking the right decisions. I take decisions and then make it right.” – Ratan Tata
Ratan Tata born on 28th December 1937 is an Indian industrialist, Ace investor, and a former chairman of Tata Sons. He is also acted as Chairman of Tata Group for multiple years from 1990 to 2014 and from October 2016 to February 2017 Interim chairman. He is also the recipient of two of the highest civilian awards of India – Padma Bhushan in 2000 and Padma Vibhushan in 2008. He is well known for his business ethics, philanthropy and he is the most charitable industrialist of India.
Ratan Tata completed his schooling in Mumbai and Shimla, at the Cathedral and John Connon School and Bishop Cotton School in Shimla. Ratan Tata completed his Bachelor of Arts/Science from Cornell University College of Architecture and he was a great-grandson of the founder of Tata Group – Jamsetji Tata. Ratan Tata tried to make Tata Group a global company making Tata Tea acquire Tetley, Tata Motors to acquire Jaguar Land Rover also known as Tata JLR, and Tata Steel to acquire Corus. During Ratan Tata’s tenure of 21 years as chairman, Tata Group’s revenues grew over 40 times, and profit, over 50 times.
Ratan Tata Net Worth
The total net worth of Mr. Ratan Tata is diversified. Ratan Tata’s Net Worth in Rupees is Rs. 6396 Crore INR and Ratan Tata’s Net Worth in USD is estimated to be 1 Billion USD. This man once quoted “I don’t believe in taking the right decisions. I take decisions and then make it right.” and now his decision is worth more than 1 Billion USD.
Ratan Tata’s Net Worth by Forbes is estimated At around 291 Billion USD as of 11/3/10 exclusive of the charities.
Ratan Tata solely owns 65% of Tata Sons. So this 65% ownership of Tata Sons is reflected in the various charitable organizations and not personally on Ratan Tata’s Net Worth and this is the reason why Ratan Tata is not in the list of Billionaire club. If we put this 65% ownership of Tata Sons in Ratan TATA’s own personal financial statement then Ratan Tata’s Net Worth in USD can become more than 85 Billion USD and that’s much more than the famous Billionaires of the world.
Tata Sons are the main company who runs various charitable organizations developed and run by Tata Group and this Tata Group owns 96 Subsidiary companies. Tata charitable trust is the biggest trust in the history of India and it’s because of Ratan Tata itself.
Ratan Tata’s Net Worth is not Constant it changes over the years and years and from Millions to Billions.