Net Worth of Ratan Tata In 2019
India – August 29, 2019
Ratan Naval Tata is one of the topmost Indian industrialist. He is also a prior chairman of Tata Sons. Tata Sons has made a global name because of his dedication and determination. 66% shares of Tata Sons is owned by trusts.
Let’s know more about Ratan Tata
Ratan Naval Tata is an Indian industrialist, investor, philanthropist, and a former chairman of Tata Sons who serves as its chairman emeritus.
He was also chairman of Tata Group, from 1990 to 2014, and again, as interim chairman, from October 2016 through February 2017, and continues to head its charitable trusts.
He is the recipient of two of the highest civilian awards of India – Padma Vibhushan (2008) and Padma Bhushan (2000). He is well-known for his business ethics and philanthropy.
Ratan Tata was a scion of the family, and great-grandson of Jamsetji Tata, the founder of Tata Group. He is an alumnus of the Cornell University College of Architecture.
He joined to company in 1961, and was the apparent successor to J. R. D. Tata upon the latter’s retirement in 1991. During Ratan Tata’s chairmanship of 21 years, revenues grew over 40 times, and profit, over 50 times. He boldly got Tata Tea to acquire Tetley, Tata Motors to acquire Jaguar Land Rover, and Tata Steel to acquire Corus, in an attempt to turn Tata from a largely India-centric group into a global business.
Ratan Tata Net Worth
Tata group is global enterprise whichs was founded by Jamsetji Tata in 1868, headquarter of Tata group is in India, which is comprising 30 companies across ten verticals.
Tata group operates in more than 100 countries across six continents, with a mission ‘To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust’.
Ratan Tata was the interim chairman of Tata Sons. He continues to head the main two Tata trusts Sir Dorabji Tata Trust and Sir Ratan Tata Trust and their allied trusts, with a combined stake of 66% in Tata Sons, Tata group’s holding company.
In 2017-18, the revenue of Tata companies, taken together, was $110.7 billion. These companies collectively employ over 700,000 people.
There are board of directors for each Tata company or enterprise, each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 28 publicly-listed Tata enterprises with a combined market capitalisation of about $145.3 billion (as on March 31, 2018).
As mentioned Tata group is a global enterprise which includes companies such as Tata Consultancy Services, Tata Motors, Tata Steel, Tata Chemicals, Tata Global Beverages, Titan, Tata Capital, Tata Power, Tata Advanced Systems, Indian Hotels and Tata Communications.
According to some of the business news articles Ratan Tata’s Net Worth in 2019 is around $1 Billion that is 71,64,62,00,000.00 INR. Ratan Tata has generated all the revenue from Tata Sons.