SIR RATAN TATA
Ratan Tata is an Indian industrialist, philanthropist, and former chairman of Tata Sons, the holding company of the Tata Group, one of India's largest conglomerates. He was born on December 28, 1937, in Mumbai, India.
Tata grew up in a prominent family and attended the prestigious Cathedral and John Connon School in Mumbai. He later studied architecture and structural engineering at Cornell University in the United States and completed an advanced management program at Harvard Business School.
n 1962, Tata joined the Tata Group, which was founded by his grandfather, Jamsedji Tata, in 1868. He started his career on the shop floor of Tata Steel and worked his way up through various roles in the company. In 1991, he became the chairman of Tata Sons, succeeding his predecessor, J.R.D. Tata.
Under Tata's leadership, the Tata Group grew significantly and diversified into new industries such as software, automotive, and hospitality. The group also expanded internationally, with operations in over 100 countries. Some of the notable acquisitions during Tata's tenure include Tetley Tea, Jaguar Land Rover, and Corus Steel.
Tata is known for his business acumen, his commitment to ethical business practices, and his philanthropic endeavors. He is also known for his leadership during challenging times, such as the 2008 global financial crisis, which impacted several Tata Group companies.
In addition to his business career, Tata is also a noted philanthropist. He established the Tata Trusts, a group of charitable organizations that work in areas such as healthcare, education, and rural development. He has also personally supported several causes, including the treatment of cancer and the conservation of wildlife.
As of 2021, Tata is retired from his role as chairman of Tata Sons but remains active in various business and philanthropic activities. He has received several awards and honors for his contributions to Indian industry and society, including the Padma Vibhushan, India's second-highest civilian award.
- He was given the Padma Bhushan, India's third-highest civilian honor, in 2000.
- He received an Honorary Fellowship from the London School of Economics and Political Science in 2007.
- In 2008, he received the 'Padma Vibhusan,' India's second-highest civilian honorary title.
- In 2009, the Government of Italy presented upon him the title of "Grand Officer" of the Order of Merit of the Italian Republic.
- The Business for Peace Foundation's 'Oslo Business for Peace Award' was awarded in 2010.
List of Companies Owned by Ratan Tata's TATA
The Tata Group's subsidiaries are run separately, with their BOD and investors managing the company. We will discuss a few of those subsidiaries in short. So let's get started.
1. Tata Consultancy Services:
In 1968, one of the world's largest IT service-based organizations was created, and it hasn't looked back since. It employs 5,09,058 people and has its headquarters in Mumbai. Chennai is home to another TCS campus. It is the world's largest IT services provider according to enterprise value.
2. Jaguar Land Rover:
Many people are unaware that an Indian company owns this premium car brand. William Lyons started it in 2008, and its headquarters is in England. It is a subsidiary of Tata Motors Limited. It employs 39,787 people and generates a revenue of Rs. 2298.4 crores
3. Tata Steel Limited:
4. Titan Company Limited:
5. Tata Power Company Limited:
Dorabji Tata created the electric utility enterprise in 1911, and it is one of the major subsidiaries of the Tata Group. This corporation is in charge of energy generation, transmission, and distribution. It is the country's largest integrated power company. The company's headquarters are in India, with 8613 workers.
When you reside in India, the Tata Group's goods/services are part of your everyday life. For more than 150 years, it has served the globe, particularly the residents of India, and has promised to continue doing so in the future for the long term.
Net Worth
Mr. Ratan Tata's net worth is one billion dollars or around 7416 crore rupees in Indian currency. Mr. Ratan Tata's entire net worth comprises a significant amount of money from many sources. Even though Ratan Tata is not included in the list of billionaires because charity organizations control 65 percent of TATA Sons, which is also the holding company for the other 96 TATA Group subsidiaries companies. As a result, Ratan Tata's 65 percent ownership of Tata Sons Limited is not recorded on his financial statement but rather on the financial statements of several philanthropic organizations.
Other Assets
Tata's House: Mr. Ratan Tata's residence is in Mumbai, India. He is the owner of many properties in India. In the year 2015, he purchased this luxurious residence. This Real Estate Property is estimated to be worth Rs. 150 crores.
Ratan Tata's Automobiles: Mr. Tata has huge cars collections. He is the proud owner of a number of the world's most prestigious premium vehicles. Maserati Quattroporte, Ferrari, Mercedes-Benz, Honda Civic, Range Rover, Chrysler Sebring, Jaguar, Cadillac XLR, and Buick Super 8 are among the car brands owned by Mr. Ratan Tata.
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