Ratan Tata is famous Industrialist and philanthropist of India, The Chairman Emeritus of Tata Sons has bestowed with the Highest Civilian Award of India, Padma Vibhushan, and Padma Bhushan. Ratan Tata has honored not only in India but also by many other developed countries with prestigious Awards. He is also an active member of the Bill and Melinda Gates Foundation. Here is a quick summary of Ratan Tata’s net worth in 2018, career and earnings.
Ratan Tata Early Life
Ratan Tata was born in a well-known industrialist’s family of India on December 28, 1937, in Surat. He is the grandson of Jamsetji Tata, the founder of Tata group. At an early age, his parents got separated. He was brought up by his grandmother Navajbai Tata.
He had done his schooling at Campion School, Mumbai, and Cathedral and John Connon School, Mumbai. He went to the USA for his graduation in architecture from Cornell University in 1962. In 1975, he completed the Advanced Management Program at the Harvard Business School.
After his successful career as Tata Group Chairman, he accomplished his dream of world’s most inexpensive car “NANO” launch in India.
Ratan Tata has confessed that he was close to getting married four times, but due to some reason or other, he is still single.
He is the only businessman in India who invests around 60% of his shares in charitable trust.
Ratan Tata Career
Ratan Tata started his career with Tata Steel after his graduation in 1962. But Later he decided to get the management program from the Harvard School.
He selected as the Director of NELCO in 1971, when the company was struggling hard. It was a difficult time of economic recession, but he did his best.
In 1991, he took the Chairmanship of Tata group, a conglomerate of Tata Steel, Tata Motors, Tata Teleservices, The Indian Hotels Company, Tata Power, and many more. He is also known as the dreamer of cars.
He has acquired the car companies Land Rover and Jaguar when they are falling, and take them to new heights.
He is also a member of the Prime Minister’s Council on Trade and Industry.
Ratan Tata also holds the board member of the leading international companies the Mitsubishi Cooperation, JP Morgan Chase and Booze Allen Hamilton. He took his retirement from the Group on his birthday in 2012.
Awards & Achievements
He has won several awards, and his life is full of achievements.
He got the third highest civilian Award by the Government of India “Padma Bhushan” in 2000 and the Second Highest Award “Padma Vibhushan in 2008.
He received the Medal of the Oriental Republic of Uruguay in 2004 from Uruguay and Order of Merit of the Italian Republic in 2009 from the Government of Italy.
The Business of Peace Foundation presented him with the ‘OSLO Business for Peace Award” in 2010.
He was conferred with the ‘Honorary Knight Grand Cross of The Order of the British Empire’ in 2014.
Net Worth of Ratan Tata
Ratan Tata has a net worth of $1 billion. All this is from the Tata Sons. Albeit Tata Group is running around 90 businesses and has achieved reputation worldwide, he is not on the list of Richest Persons. The reason is his magnanimity. The 65 % shares of Tata are devoted to charitable organizations.
He is not a billionaire on paper, but for his kindness, he is one of the highest honored citizens in India.
Ratan Tata is truly a legend of India. Now he is enjoying his personal life playing with his dogs and doing the small thing that matters. He is following his new passion for flying after his retirement.