Ratan Tata Net Worth is$1 Billion
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Profession: Businessperson, Entrepreneur
Date of Birth: Dec 28, 1937
Ethnicity: Parsi, Zoroastrian, Zoroastrianism
Country: India
Ratan Tata is the chairman of the Tata Group, as well as, other major Tata companies, and has a net worth of $1 billion. Ratan Tata has accumulated his net worth through his career at Tata Sons. He started out shoveling limestone and tending to the blast furnace, in Jamshedpur, on the ground floor. In 1971, he became the Director of NELCO, which was not doing so well, at the time. He was able to up the market share by 23%, but the company quickly began to decline, due to labor issues and the economy. He helped to turn around the Empress Mills, but, because he wasn't allowed the Rs 50 lakh he needed, the company hit bottom, and was shut down in 1986. Since then, Ratan has taken over the position of Tata Industries chairman, after JRD Tata stepped down, in 1981 and has become group chairman of the Tata group. He was responsible for obtaining many companies, such as, Tetley, Land Rover, Corus and Jacquar. Other major Tata companies include Tata Steel, Tata Motors, Tata Teleservices, The Indian Hotels Company, Tata Power, Tata tea, and Tata Chemicals. Ratan Tata is known for turning Tata into a world wide success. Ratan Tata was born in Bombay, Bombay Presidency, British India, in 1937. His parents, Naval Tata (father), and Soonoo Commisariat (mother) was a well known family in the community of Parsi. His mother and father separated and Ratan Tata was raised by his grandmother (Lady Navajbai) in Mumbai. He attended Campion School and later earned a B.S. in structual engineering and architecture at Cornell University, in 1962. He also graduated from Harvard Business School, after completing an Advanced Management Program, in 1975. Ratan Tata is on the program board of the Bill and Melinda Gates Foundation's India aids initiative, is a member of the Prime Minister's Council on Trade and Industry, as well as, the board of governors for the East /West Center, and on the advisory board of RAND's Center for Asia Pacific Policy. He is also on the boards of Booz Allen Hamilton, American International Group, Mitsubishi Corporation, and J.P.Morgan. Ratan Tata is well known and honored, internationally. He also belongs to the BMB Group, as an advisory board member, a University of Southern California, and Cornell University board of trustees member, is a board member on the Republic of South Africa's International Investment Council, as well as, a member of the Asia-Pacific Advisory Committee for the New York Stock Exchange. He has won several awards, such as, Honorary Doctor of Laws (2010), Honorary Citizen of Singapore (2007), Honorary Economic Advisor (2004), Legend in Leadership Award (2010), and many more. He is also known for his efforts towards the development of Indica and the four passenger city car, the Nano. It is considered to be one of the most inexpensive cars in the world, today. Because of the low price, this little car has made it affordable for all people. It has become a very popular, and trendy vehicle, in India.
Sir Ratan Naval Tata KBE (Gujarati: ??? ??? ????; born 28 December 1937) is an Indian businessman who became chairman (1991- ) of the Tata Group, a Mumbai-based conglomerate. He is a member of a prominent family of Indian industrialists and philanthropists (see Tata family).
Among many other honours accorded him during his career, Tata received the Padma Bhushan, one of India's most distinguished civilian awards, in 2000 and Padma Vibhushan in 2008. He has also been ranked as India's most powerful CEO.
Ratan Tata was adopted to famous Tata , a prominent family belonging to the Parsi community. Ratan is the grandson of Tata group founder Jamsedji Tata. His childhood was troubled, with his parents separating in the mid-1940s when he was merely seven and his younger brother Jimmy was five years old. Their mother moved out and both Ratan and his brother were raised by their grandmother Lady Navajbai.
Tata started his schooling at Campion School and finished at Cathedral and John Connon School both in Bombay. Ratan Tata completed his B.S. in architecture with structural engineering from Cornell University in 1962, and the Advanced Management Program from Harvard Business School in 1975. He is a part of the Alpha Sigma Phi fraternity.
When he returned to India in 1962 after turning down a job with IBM on the advice of JRD, he was sent to Jamshedpur to work on the shop floor at Tata Steel with other blue-collar employees, shovelling limestone and handling the blast furnace. In 1971, he was appointed the Director of National Radio and Electronics (Nelco), which was in dire straits when he came on board: with losses of 40% and barely 2% share of the consumer electronics market. However, just when he turned it around (from 2% to 25% market share), the Emergency was declared. A weak economy and labour issues compounded the problem and Nelco was quickly near collapse again.
For his next assignment, in 1977 he was asked to turn around the sick Empress Mills, which

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Ratan Tata Latest News

SC agrees to hear Mistry’s plea for representation on Tata Sons’ Board

The Shapoorji Pallonji Group is the single largest shareholder with over 18.37 per cent equity in Tata Sons and the relationship between the two groups is a century old.
Posted: May 29, 2020, 8:33 pm

SC to hear cross-appeal by Cyrus Mistry against NCLAT verdict

The Supreme Court on Friday agreed to hear a cross-appeal filed by Cyrus Mistry, seeking more relief than granted by the NCLAT verdict in December 2019. The apex court issued notice to Tata Sons Pvt ...
Posted: May 30, 2020, 12:13 am

SC accepts Mistry's plea against Tata on NCLAT order

The Supreme Court ordered Cyrus Mistry’s plea to be tagged with the appeals filed by Ratan Tata and Tata Sons, which have also challenged the judgment.As per Mistry's plea, the NCLAT should have grant ...
Posted: May 29, 2020, 11:15 am
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