Ratan Tata: Age, Wiki, Bio, Family, Career & Net Worth
The Owner of the Indian household brand Tata, Ratan Tata finally took his last breath at the age of 86, on October 9, 2024, at the Breach Candy Hospital in Mumbai because of multiple organ failure. Tata and Sons Group to global success and invested in multiple ventures. He is the key person in the success and expansion of the Tata group from India to all over the world.
Ratan Naval Tata was a famous Indian industrialist, philanthropist, and former chairman of the Tata and Sons Group. He was the chairman of the Tata Group from 1990 to 2012 and interim chairman from October 2016 to 2017.
After that, he went on to manage the company’s charity trust. For his revolutionary work in the Indian industrial area and other areas to develop India, the Indian government awarded him with two of India’s highest Civilian awards. The Padma Vibhushan in 2008 and The Padma Bhushan in 2002. Indeed the epitome of motivation for the Indian workforce.
Ratan Tata Age
Ratan Naval Tata is an Indian tycoon and philanthropist. He was born on 28 December 1937 and took his last breath at the age of 86. The chairman of Tata Group, a multinational empire.
Ratan Tata stepped into his predecessor, J. R. D. Tata’s business as the chairman of the Tata Group in 1991. He successfully led the business and rapidly expanded the group’s businesses under his control, diversifying it into new areas including Steel, Automobiles, Information Technology, and Hospitality.
Ratan Tata Wiki
Ratan Tata was born on 28 December 1937 in Bombay to Naval and Sooni Tata. When Ratan Tata was ten years old, his parents, Naval Tata, separated. Later, He was brought up by his grandmother, Navajbai Tata, and his half-brother Noel Tata.
His parents divorced when he was just ten years old and his grandmother was the one who fed him and nurtured him. He started active involvement in the family-owned company after his academic education. After that, he joined Tata Steel in 1962 learned about his family’s company in 1991, and became the chairman of Tata Sons.
Full Biography
Full Name | Ratan Naval Tata |
Birth | 28 December 1937 |
Age | 86 years |
Education | Cornell UniversityHarvard Business School |
Family | Naval Tata (Father)Sooni Commissariat (Mother) |
Occupation | Ex-Chairman of Tata Group and SonsPhilanthropistInvestor |
Title | Chairman Emeritus, Tata Sons & Tata Group |
Predecessor | JRD Tata |
Father’s Name | Naval Tata |
Mother’s Name | Sooni Tata |
Awards | Padma Vibhushan (2008)Padma Bhushan (2000) |
Famous Quotes | “Power and wealth are not two of my main stakes.”“I don’t believe in making the right decisions. I take decisions and make them right.” |
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Ratan Tata was born in Bombay, now Mumbai, during British rule in a Parsi family. On 28 December, Tata Group celebrated his birthday. The man, known for his simplicity and leadership, always celebrated his birthday like a common man. Be it the passion for philanthropy or giving donations for a social cause his presence is felt everywhere.
As all of us know, he was a big Philanthropist. Ratan Tata loves to celebrate his birthday with orphans, disabled people, and children. He celebrated his last birthday on 28 December 2023 and finally passed away on 9 October 2024.
Ratan Tata Net Worth
He was one of the most renowned industrialists in India and philanthropists. The estimated net worth of Ratan Tata, as of 2024, is ₹3,800 crores. The major share of his Net worth comes from the holding company of Tata Group, Tata Sons. A significant amount is contributed to charitable trusts, which also points out his down-to-earth nature.
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Ratan Tata Wife
Ratan Tata is a prestigious person but he shares less about his personal life. In an interview, he shares his personal life and why he did not get married. He said that he fell in love with a girl while he was living in Los Angeles USA. But due to his family problem, he had to return to India. At the same time, the girl’s parents denied her from visiting India, thus he has not married to keep his commitment.
In 2011, He said, “I got quite close to being married four times, and each time I pulled out in fear or for one reason or another.”
Ratan Tata Son
In the above paragraph, you can see that Ratan Tata did not marry and that’s why he did not have any child. He also did not adopt the children, but some persons close to him Shantanu Naidu is one of them.
He is very close to Ratan Tata, he has worked with the Tata Group since 2014 and has always been seen with Tata. Just like Ratan Shantanu loves animals, and it is the reason for their closeness with Tata. Ratan Tata funded the Shantanu’s trust, which works for the well-being of rogue animals. Shantanu worked as the assistant of the Tata.
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Ratan Tata Legacy
He is a name well-associated with Indian business and philanthropy. Being the ex-chairman of the Tata Group, he was instrumental in transforming the group from being a traditional conglomerate to becoming one of the world’s largest industrial companies.
When he headed the group, it acquired greater international brands like Jaguar, Land Rover as well as Tetley to enhance the reach of the business in global markets.
Beyond business, Tata articulated a robust culture of corporate social responsibility. The Tata Trusts, founded by him, have worked tirelessly towards the promotion of education, healthcare, and rural development in India. His philanthropy and vision for a better society have been paraded to the front with praise and accolades from all corners.
The Brain behind the revolutionary launch of Nano- Most Economical Car In INDIA
Tata Nano is the dream product of Ratan Tata. The dream of every Indian household to have a 4- 4-wheeler finally came true on 10th Jan 2008 as Tata Group launched Tata’s dream car. This car became famous in 2012, but this product could not be sustained due to its economical price, and eventually, the project failed.
Ratan Tata: Power Share Price
Ratan Tata was one of the top executives of the Tata Group with significant influence in many sectors such as energy. Tata Power is one of the leading power companies in India and a subsidiary of Tata Group. As of now, the share price of Ratan India Power is approx 16.51 INR. This can vary from day to day, due to fluctuations in the market.
FAQs About Sir Ratan Tata
Q. Who will be the next chairperson of Tata Groups?
A. Currently, N. Chandrasekaran is the chairman of the Tata Gruops and Noel Naval Tata is the key figure as the potential successor of the Tata Family.
Q. What are some of the major mergers and acquisitions on his watch?
A. Ratan Tata oversaw some of the major international brand purchases that expanded the influence and reach of the Tata Group, including Jaguar Land Rover and Tetley.
Q. What are the Tata Trusts?
A. The Tata Trusts are a group of charitable trusts and one of the companies that family members offer as part of its social-giving programs. They represent some of the most significant philanthropic organizations in India and are supporting education, health care, and the development of rural initiatives in many ways.
Q. What are Ratan Tata’s interests & hobbies?
A. Ratan Tata is an avid reader and loves collecting art and antiques. According to him, one needs to be an observer of nature in itself.
Q. What is the Tata Nano?
A. The Tata Nano is a low-cost car designed and manufactured by Tata Motors, a subsidiary of the Tata Group. It was introduced under Ratan Tata’s leadership and aimed to provide affordable transportation to the Indian masses.
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