Ratan Tata is one of the most prominent industrialists in India, known for his leadership skills and business acumen.
Under his leadership, the Tata Group became one of the largest conglomerates in India, with diverse interests in sectors such as steel, automobiles, hotels, telecommunications, and more.
Former chairman of Tata Sons and Indian business magnate Ratan Naval Tata was born on December 28, 1937.
He was adopted by Ratanji Tata, the son of Tata Group founder Jamsetji Tata. Naval Tata is his mother. A bachelor of architecture from Cornell University’s College of Architecture is under his belt.
Mr. Ratan Tata is projected to have a net worth of 1 billion U.S. dollars, which is around 8250 Crore Indian Rupee (i.e. approximately Eight Thousand Two Hundred and Fifty Crore INR).
Because various charitable organizations own 65% of TATA Sons, the key holding company of the other 96 TATA Group Companies, Ratan Tata is not included in the list of Billionaire club members
Ratan Tata’s wealth is primarily derived from his shareholding in various Tata Group companies. According to Forbes, his holdings in Tata Sons are worth around $900 million.
He also holds stakes in several other Tata Group companies such as Tata Motors, Tata Steel, and Tata Consultancy Services (TCS), which are among the largest companies in India.
In 2008, he set up the Tata Trusts, which is one of the largest philanthropic organizations in India, with a corpus of around $1.5 billion.
House: The city of Mumbai is Mr. Ratan Tata’s home in India. This 2015 mansion was a big purchase for him. This piece of real estate is worth something in the neighbourhood of Rs. 150 billion