Ratan Tata Net Worth: Ratan Tata is one of the most popular names in the business industry. He is considered one of the best and smartest industrialists in the world who earned billions with his talent and hard work. Tata was also listed in the 100 Most Powerful Men of Forbes.
Ratan Tata is an Indian industrialist and investor. He is the grandson of JRD Tata, the former chairman of Tata Groups. He took over as the chairman of Tata Groups after JRD Tata in 1991. He worked for 22 years as the chairman and stepped down in 2012.
Even after retiring from his position as a chairman, Ratan Tata Net Worth is $1 Billion. If you want to know the success story of Ratan Tata, then you must give it a try reading this post. Here is all that you need to know about Ratan Naval Tata.
|Net Worth||$1 Billion|
|Occupation||Industrialist, Businessman, Investor|
Ratan Tata Biography
Some basic information and details about Ratan Tata such as full name, parents, date of birth, etc, are given in the table below.
|Celebrity Name||Ratan Tata|
|Full Name||Ratan Naval Tata|
|Profession||Industrialist, Businessman, Investor|
|Birth Date||December 28, 1937|
|Birth Place||Bombay, British India (Now Mumbai, India)|
|Net Worth (as of 2021)||$1 Billion|
|Last Updated||April 2021|
Ratan Tata Early Life
Ratan Tata’s full name is Ratan Naval Tata. He was born on December 28th, 1937, in Bombay, when India was in British colonization. His father Naval Tata, was adopted by JRD Tata. But, Ratan Tata is a Tata by blood since his maternal grandmother is the sister of Hirabhai Tata.
At the age of 10, his parents, Naval and Sonoo divorced and his grandmother, Navajbai Tata, adopted him and raised him. Tata’s first language is Gujarati and he has a half-brother from his father’s second marriage, Noel Tata. He attended the Campion School in Mumbai till his 8th grade and then went to Cathedral and John Connon School, Mumbai, and Bishop Cotton School in Shimla.
Tata graduated from Riverdale Country School in New York in 1955 and also earned a degree in Architecture from Cornell University in 1959. He also went to Harvard Business School in 1975 where he attended a seven-week Advanced Management Program.
Ratan Tata Age and Height
Ratan Tata is 83 years old and he is 1.77 meters tall.
Ratan Tata Career
Ratan Tata first took over NELCO(National Radio & Electronics Company) which was facing downside at the time and changed it to a great extent. The sales were increased by 23% after Tata started working on its growth. However, due to some financial and labor issues, the company declined again. He also tried to help Empress Mills, but he was not given the support that he needed and the company shut down in 1986.
In 1991, Ratan Tata’s successor chairman, JRD Tata stepped down and announced Ratan Tata as the next chairman. Many of the senior officials were so unsupportive to this man. Tata started to make the older employees leave the office by fixing a retirement age. He then took young and smart employees and put their new ideas into work.
Tata worked as a chairman of Tata Groups for 21 years and during his time, the Tata Group revenues grew over 40 times, and profit, over 50 times. He got his hold on major companies like Tetley under Tata Tea, Jaguar Land Rover under Tata Motors, Corus under Tata Steel, etc. He also started investing his income personally in some private companies like Snapdeal, Teabox, American Express, CashKaro.com, etc. Tata resigned as the chairman in 2012.
Ratan Tata Achievements
Ratan Tata has been honored twice by the Government of India with the nation’s second-highest and third-highest honorable civilian Awards. He is a recipient of Padma Bhushan from 2000 and Padma Vibhushan from 2008. Apart from that, he has been honored with a large number of doctorates from different universities from Singapore, France, Italy, England, etc.
Ratan Tata Personal Life
Ratan Tata never married and doesn’t have any children. He said in an event that “I came close to getting married four times and each time I backed off in fear or for one reason or another.” He further revealed that he loved a woman in LA and he wanted to marry her, but he had to return back to India due to some problems, and the woman’s family didn’t allow her to shift to India for marriage. So, he never married anyone.
|Full Name||Ratan Naval Tata|
|Father Name||Naval Tata|
|Hobbies||Listening to old Hindi Songs, Painting, Flying Jet Planes, Playing the Piano, Reading, Spending time with pets|
Ratan Tata Net Worth 2021
As of 2021, Ratan Tata Net Worth stands still at $1 Billion. It is reported that he earns far more than in a year, but he chooses to spend more than half of his income, which is more than 65%, on charities and for social improvement activities.
Ratan Tata is an incredible philanthropist. Many believe that he is actually one of the richest men in the world, but due to his charity, he never ranked the list or crossed $1 Billion worth. He has been a great supporter of education, medicine, and rural development, and considered a leading philanthropist in India.
|Ratan Tata Net Worth In 2021||$1 Billion|
|Ratan Tata Net Worth In 2020
|Ratan Tata Net Worth In 2019||$1 Billion|
|Ratan Tata Net Worth In 2018||$1 Billion|
|Ratan Tata Net Worth In 2017||$980 Million|
Ratan Tata is one of the most successful businessmen in India. He is the former chairman of Tata Groups and Tata Sons and under his operation, the company flourished a lot and he took over Tetley, Land Rover, and Corus. Ratan Tata Net Worth is estimated to be $1 Billion as of 2021. He is also a great philanthropist and is truly an inspiration to everyone out there. If you liked this article, please visit our Celebrity Net Worth website for more.