Ratan Tata is an Indian business magnate, philanthropist, and a former chairman of Tata Sons.
Ratan Tata Net Worth
Ratan Tata is a business tycoon and has a net worth of $1 billion USD. He was the former chairman of Tata Group of Companies. Currently, he is the Chairman Emeritus of the mentioned company.
The other major Tata companies include Tata Steel, Tata Motors, Tata Teleservices, The Indian Hotels Company, Tata Power, Tata tea, and Tata Chemicals. Ratan Tata indeed brought success to the Tata Group of Companies and made them known Globally.
He lives in a luxurious home in Mumbai, India with his family. He also owns multiple properties across India. Ratan Tata has several cars which include Mercedes Benz, , Maserati Quattroporte, Ferrari, Honda Civic, Cadillac XLR, Chrysler Sebring, Jaguar, Range Rover, Buick Super 8, and Tata.
Personal Life
Ratan Tata was born in Bombay, British India, on December 28, 1937. His father is Naval Tata and his mother is Soonoo Commisariat. His parents separated in 1948 when Ratan was 10 years old. His father, Naval, had his second marriage with Simone Tata. He has a half-brother, Noel, with whom he was raised with.
Ratan studied at the Campion School in Mumbai until eighth grade. He then attended Cathedral and John Connon School in Mumbai and Bishop Cotton School in Shimla. In 1955, he graduated from Riverdale Country School in New York City. He also studied at Cornell University where he got a degree in Architecture in 1959. In 1975, he attended the seven-week Advanced Management Program of Harvard Business School.
Ratan Tata is one of the leading philanthropists in India. He strongly supports education, medicine, and rural development. Tata supported the University of New South Wales Faculty of Engineering to develop capacitive deionization to provide water in far-flung areas. Tata Hall at the University of California, San Diego (UCSD), has facilities for the biological and physical sciences. Ratan bestowed a $28 million Tata Scholarship Fund to Cornell University to provide financial aid to students from India. In 2010, his company donated $50 million for the construction of an executive center at Harvard Business School, where he is an alum. He also formed the MIT Tata Center of Technology and Design at Massachusetts Institute of Technology to address resource-limited countries, especially India.
Professional Career
In 1991, J. R. D. Tata stepped down as chairman of Tata Sons and named Ratan as his successor. During his leadership, the company grew over 40 times, and profit, over 50 times. Tata Tea acquired Tetley, Tata Motors acquired Jaguar Land Rover, and Tata Steel acquired Corus.
Ratan Tata stepped down from the Tata group on December 28, 2012, when he turned 75.
In 2000, Ratan Tata received the Padma Bhushan and and in 2008 the Padma Vibhushan which are the third and second highest civilian honors given by the Indian government. In 2021, he was awarded the highest civilian award of Assam ‘Assam Baibhav’ for his contribution towards furthering cancer care.
Ratan Tata Dating History
Ratan Tata stated that he loved one girl in Los Angeles while he was there. Unfortunately, he needed to go back to India. He never married after that.
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