The son of Sooni Tata and Naval Tata, Ratan Tata is one of India’s most prominent and successful industrialists, Investor and Philanthropist. Ratan Tata is the grandson of the famous Jamshedji Tata who is the founder of the Tata Group. The glorious family of Tata is comprised of many bright minds. Undoubtedly, Ratan Tata has proved to be the proper heir to them.
Physical Appearance:
Height : in centimeters -177cm
in meters – 1.77m
in feet & inches – 5’10’’
Age:
Ratan Tata was born on 28th of December,1937.His age as of 2023 is 86.
Nationality:
Indian
Religion:
Ratan Tata identifies himself as the member of a small, tightly-knit Zoroastrian community called Parsee, which originates from Persia.
Family & Childhood:
Ratan Tata was born to Naval and Sonoo Tata in Bombay(now known as Mumbai) on December 28, 1937. He is the grandson of Jamshedji Tata, the founder of the Tata Group. Naval Tata was adopted by Ratanji Tata, who is the younger son of Jamshedji Tata. His parents parted their ways when he was ten years old. Their grandmother, Navajbai Tata, raised him and his half brother ,Noel Tata.
Education:
Ratan Tata attended Campion School in Bombay up until the eighth grade. Then, he moved on to Cathedral and John Connon Schools in Bombay and Bishop Cotton School in Shimla for more academic pursuits. After completing his school, in 1995, he got his diploma from Riverdale Country School in New York City. He studies for four years in Cornell University and graduated with a bachelor’s in architecture. To support his family financialIy, he got enrolled in the Advanced Management Program at Harvard Business School in 1975.
Ratan Tata as Chairperson of Tata Sons:
After the completion of his studies, Ratan Tata has started working in the family business of the Tatas.It is important to identify the fact that though a heir of the Tatas, who already had a remarkable position as industrialists in the country, Ratan Tata did not only continue to keep up the name, but had given an excellent contribution to the business and has taken it to the international level. Ratan Tata was chosen by JRD Tata to succeed him as chairman of Tata Sons when he retired in 1991. Business leaders who had spent decades in their individual organizations, resisted him. He was successful in convincing theTata Tea to buy Tetley, Tata Steel to buy Corus and Tata Motors to buy Jaguar Land Rover.
Resignation as a Chairperson:
RatanTata resigned from his position as chairman of Tata Sons on December 28, 2012 when he turned 75.
List of companies owned by the TATA’S:
- Tata Consultancy Services
- Jaguar Land Rover
- Tata Steel Limited
- Titan Company Limited
- Tata Power Company Limited
Salary & Net Worth:
Ratan Tata earns a total of 90 crores per month as salary and income. Apart from that, his Net Worth is 8250 crores in Indian Rupees.
Work As a Philanthropist:
One quality of Ratan Tata that separates him from other industrialists and makes him the most loved and respected, is his empathetic and generous nature. The fact that had he not donated major portions of Tata’s income for philanthropic works, he would have been India’s richest person, explains all of this. He is a well-known Indian philanthropist who works to improve education, medicine, and agriculture. Some of his philanthropic works include the donation of $50 million for the construction of an executive center at Harvard’s Business School in 2010, the construction of a 48,000-square-foot facility called TCS Hall, which was possible with a $35 million gift from TCS. Not only this but the ‘Tata Education and Development Trust’ which is a non-profit arm of the Tata Group, has started the Tata Fundraising Campaign, worth of $28 million, that will help Indian undergraduate students of Cornell University to pay for their education.
To study the causes of the most prevailing older people’s Alzheimer’s disease, the Centre for Neuroscience situated at the Indian Institute of Science received a grant of $750 million from the Tata Trusts, headed by Ratan Tata. On a total, the Tata has donated $102 billion over the period of 100 years.
Ratan Tata As a Motivator:
With his thought process and philosophy towards life, Ratan Tata has motivated thousands of those who want to establish themselves as industrialists. People admire him not only for his successful business career but also for the way he thinks and works. One of his most famous quotes is,
‘Collect the stones that people throw at you and use them to build a Fort for yourself.’
Awards:
The pride of India, Ratan Tata was awarded the third and second highest civilian honors by the Indian government, the Padma Bhushan and Padma Vibhushan, respectively, in 2000 and 2008. Ratan Tata has also received numerous state civilian awards, such as the Maharashtra Bhushan in 2006 for his enormous contributions to Maharashtra’s public administration and for his outstanding work in advancing cancer treatment in Assam, he received the Assam Saibhav in 2021, along with receiving numerous national civilian honors.