Ratan Tata Net Worth, A Look At His Wealth And Charity

The name Ratan Tata definitely needs no introduction. The great Indian industrialist and philanthropist, Ratan Tatan is the former chairman of the Tata Group. He has successfully written his name in history and also touched the hearts of many with his public-spirited nature. In this article, we will discuss about Ratan Tata net worth, Rata Tata investments, and more.

Who is Ratan Tata?

Ratan Tata was born during British rule on 28 December 1937 in Bombay to Naval Tata and was later on adopted into the Tata family by Navajbai Tata. When Ratan was ten years old, his parents separated, and he was brought up by his grandmother, the widow of Ratanji Tata and Navajbai Tata.

Growing up, Ratan Tata changed a few schools. He completed class 8 at the Campion School in Mumbai, thereafter he studied at the Cathedral and John Connon School, the Bishop Cotton School in Shimla, and lastly, he graduated in 1955 from the Riverdale Country School in New York City. Then he pursued a degree in architecture from Cornell University and passed with flying colours.

How Ratan Tata led Tata Group to success?

Initially, Tata was given a managerial position in the 1970s and after JRD Tata stepped down as the chairman of Tata Sons in 1991, he was named the successor. During his tenure, he implemented a lot of policies and streamlined the operations of the subsidiaries efficiently to take on globalization.

Revenues and profits of the Tata Group increased manifold during the 21 years of Ratan Tata’s leadership. He centered his focus on branding which was a game changer for the Tata Group. Commodity sales formed the majority of sales when Tata took over which turned into brand sales by the end of his tenure.

Notable acquisitions during his period include Tata Tea acquiring Tetley, Tata Motors acquiring Jaguar Land Rover, and Tata Steel acquiring Corus. These acquisitions brought in a great deal of change, thereby positioning Tata as a global business with massive international sales. Not to mention he conceptualized and led the whole operation and development of the Tata Nano Car to make cars get within the reach of an average Idian.

Ratan Tata car collection

1. Ferrari California
2. Cadillac XLR
3. Land Rover Freelander
4. Chrysler Sebring,
5. Mercedes Benz S-Class,
6. Maserati Quattroporte,
7. Jaguar CFTR, and many others.

His philanthropic arm

Ratan Tata is well-known for his charity. Many of you must be wondering how he didn’t make it alongside Ambani and Adani in the list, well this is the reason. He gives away 65% of his profits for charity purposes and has got a separate website for his philanthropic work under the domain name of, Tata Trusts. It is one of the largest trusts in India.

A philanthropic affiliate of Tata Group, the Tata Education and Development Trust bestowed a $28 million Tata Scholarship Fund to Cornell University so that they can provide financial support to undergraduate students from India.

Carnegie Mellon University (CMU) received the largest ever donation by Tata Consultancy Services (TCS) for research on cognitive systems and autonomous vehicles.

Tata Trusts also provided a grant of ₹750 million to the Centre for Neuroscience, Indian Institute of Science to research the underlying causes of Alzheimer’s disease and for its early diagnosis and treatment.

Ratan Tata Investments

Ratan Tata has undoubtedly got investments in many companies, some of them are:

1. Snapdeal
2. Teabox
3. CashKaro.com
4. Ola Cabs
5. Xiaomi
6. Dogspot

Ratan Tata net worth

Ratan Tata net worth currently stands at Rs 3800 crore (Ratan Tata net worth in rupees) the majority of which comes from Tata Sons. It is not unknown that the Tata Group is involved in businesses starting from salt to top-notch IT services. All the 29 publicly-listed Tata enterprises have a combined market capitalisation of $311 billion (Rs 23.6 trillion) as on March 31, 2022.

As far as his real estate investments go, he owns several properties here and there. Tata has a sea-facing bungalow in Colaba, Mumbai which is 13,350 square feet in space. The bungalow has three floors, a total of seven levels and it faces the sea. The estimated worth of this property is Rs 200 crore.

Being a licensed pilot himself, Ratan Tata owns a private jet which is named Dassault Falcon. The estimated value of the specialized jet is around USD 30 million (Rs 245 crore). The jet includes several features like a conference room, sleeping area, washroom, etc.

Hope this article was helpful and after reading this you have an insight into Ratan Tata net worth, Ratan Tata investment, and charity. 

Also read: 5 Super-Expensive Things Owned By Ratan Tata