Name | Ratan Tata |
Net worth | $ 1 Billion |
Salary | 820 Crore + |
Monthly Income | 90 Crore + |
Date of Birth | December 28, 1937 |
Age | 85 years |
Height | 1.77 m (5′ 10”) |
Profession | Businessman |
Nationality | Indian |
About Ratan Tata
Ratan Tata, whose full name is Ratan Naval Tata, was born in Bombay, India, on December 28, 1937. From 1991 to 2012 and again from 2016 to 2017, he served as chairman of the Tata Group, a conglomerate with headquarters in Mumbai.
Ratan Tata has a $1.31 billion net worth. Ratan Tata has an estimated net worth of 8418 crore Indian rupees. Former Tata Sons chairman Ratan Tata is a philanthropist, industrialist, and business magnate. Ratan Tata served as the Tata Group’s chairman as well. Two of the highest civilian honors in the nation, the Padma Vibhushan (2008) and the Padma Bhushan, are given to Ratan Tata (2000).
The 1937-born Ratan Tata is the great-grandson of Jamsethji Tata, who established the Tata Group. Through the Advanced Management Program he completed in 1975, he is a member of the Cornell University College of Architecture and HBS, or Harvard Business School.
During Ratan Tata’s chairmanship tenure of 20+ years, Tata Group’s revenues grew more than 40+ times, and profit jumped over 50+ times.
Ratan Tata made some extremely significant acquisitions to expand the company exponentially. In an effort to transform Tata from a mostly India-centric corporation into a global business, he buys Tetley, Jaguar Land Rover, and Corus.
Ratan Tata’s Early Life-
On December 28, 1937, Ratan Tata was born in Bombay, which is now Mumbai, during the British Raj. He is the child of Jamsetji Tata’s niece Sooni Tata and Naval Tata, a native of Surat who was later adopted by the Tata family. Hormusji Tata, Tata’s biological grandpa, was a direct descendant of the Tata family. Tata’s grandmother, Navajbai Tata, the widow of Ratanji Tata, nurtured and adopted him when his parents divorced in 1948 when he was 10 years old. [7] He was reared with his younger brother Jimmy Tata[8] and his half-brother Noel Tata, who is a product of Naval Tata’s second marriage to Simone Tata. It’s Gujarati that he speaks natively.
He completed his eighth-grade studies at the Campion School in Mumbai. After that, he attended the Bishop Cotton School in Shimla, the Cathedral and John Connon Schools in Mumbai, and the Riverdale Country School in New York City, where he received his diploma in 1955. Tata studied in Cornell University following his high school graduation and earned a bachelor’s degree in architecture there in 1959. Tata gave Cornell $50 million in 2008, making him the biggest foreign donor in school history.
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Ratan Tata Net Worth till 2023
The investment holding firm and primary promoter of all Tata companies is Tata Sons. The revenue earned by Tata firms in 2018–19 was staggering and far larger than it was in the previous year. It produced almost $130.0 billion in revenue.
IIFL Wealth Hurun India Rich List assessed Ratan Tata’s net worth to be Rs 3,500 crore in the year 2022. It may surprise some to learn that he was listed as the 433rd richest individual in the nation. His extensive charitable effort through the trusts and charitable organizations run by the Tata Group is the cause of his low ranking.
The Tata Group’s company is Tata Sons Pvt. LTD. It owns a sizable portion of the shares in the Tata group of companies, which includes its real estate holdings across India, tea estates, steel mills, and manufacturing facilities.
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Tata Group Shareholding In Listed Companies
According to officials familiar with the situation, the Tata group, which has a market worth of $255 billion and $128 billion in revenue, is accelerating its strategy of simplifying and synergizing in order to better concentrate on growth and scale and enhance cash flows in the larger companies. This is a component of Tata Sons Chairman N Chandrasekaran’s stated ambition to modernize the nation’s oldest company.
Tata Sons own 66% of the group firms, although the Tata family holds only a tiny stake in all the subsidiaries and publicly traded businesses.
As of March 31st, 2022, the 19 publicly traded Tata Group Companies had a combined market capitalization of $311 billion (INR 23.6 trillion), with $128 billion in yearly sales for the fiscal year 2021–2022. (INR 10.4 trillion). The company with the highest AT $153.19 (INR 12.4 trillion) value was Tata Consultancy Services (TCS).
The complete list of shares and stocks of the Tata Group that are listed on NSE and BSE can be seen below if you want to diversify your assets and invest inside the Tata Group.
Company | Tata Group Shareholding* |
Indian Hotels Company | 39.10% |
Tata Chemicals | 30.80% |
Tata Communications | 48.90% |
Tata Consultancy Services | 71.90% |
Tata Elxsi | 44.60% |
Tata Global Beverages | 34.50% |
Tata Investment Corporation | 73.00% |
Tata Motors** | 35.80% |
Tata Power | 33.00% |
Tata Steel | 33.20% |
Titan Company | 25.00% |
Trent | 32.60% |
Voltas | 30.30% |
- * Tata group’s shareholding in the above firms includes holding of all Tata promoters, including that of Tata group companies as of 31-Mar-2018
- **Tata Motors: Shareholding ownership is 30.9%
Honors and awards
In addition to numerous other honors bestowed upon him over his career Ratan Tata was given the third and second highest civilian honors by the Indian government, the Padma Bhushan and Padma Vibhushan, respectively, in 2000 and 2008. Along with receiving numerous national civilian honors, Tata has also received numerous state civilian awards, including the Maharashtra Bhushan in 2006 for his enormous contributions to Maharashtra’s public administration and for his exceptional contribution in advancing cancer therapy in Assam, he was honored by the Assam Baibhav in 2021.
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Frequently Asked Questions
The Tata Trusts company owns 66% of Tata Sons’ equity, and dividends go directly to the Trusts’ philanthropic work. The Tata group has fine-tuned its mission over the last century to address India’s most pressing needs. Check out the carousel below to learn about industry-specific stories and initiatives.
As Per tata’s prediction, He may not be the world’s wealthiest man, but he is without a doubt the greatest and most beloved. He demonstrated that being on the Forbes list does not automatically make one wealthy; instead, actions do.
Jamsetji Tata (1839-1904) was named the world’s most prominent philanthropist of the twentieth century in the 2021 EdelGive Hurun Philanthropists of the Century, a ranking of the world’s most generous individuals from the previous century. Don’t miss out on ET Prime news.
The Tata Group has 27 publicly traded companies, with Tata Consultancy Services (TCS) accounting for 53% of the conglomerate’s market capitalization. Although the Mukesh Ambani group has nine publicly traded companies, Reliance Industries (RIL) controls 98.5 percent of the group’s market capitalization.
These businesses employ over 935,000 people in total. Each Tata company or enterprise operates autonomously, guided and supervised by its board of directors. As of March 31, 2022, 29 publicly traded Tata enterprises have a combined market capitalization of $311 billion (INR 23.6 trillion).
