According to IIFL Wealth Hurun’s India Rich List 2022 ratan tata net worth ₹3800cr comes from Tata Sons. The fact that Tata Trusts contribute 60-65% of the earning made by the Tata Firms under the holding company Tata Sons towards charitable causes.
Ratan Tata is an Indian businessman and philanthropist who is the chairman emeritus of Tata Sons, the holding company of the Tata Group. He was the chairman of Tata Sons from 1991 to 2012.
Ratan Tata was born on December 28, 1937, in Bombay (now Mumbai), India. He is the son of naval officer and businessman Naval Tata, who was adopted by the family of Jamsetji Tata, the founder of Tata Sons. Ratan Tata received his Bachelor of Science degree in architecture with structural engineering from Cornell University in 1962.
After returning to India, Ratan Tata joined the Tata Group in December 1962. He started his career at Tata Steel and worked in various capacities at Tata Industries, Tata Chemicals, and Tata Motors. In 1991, he was appointed as the chairman of Tata Sons, succeeding his uncle, J.R.D. Tata.
Ratan Tata’s Leadership
Under Ratan Tata’s leadership, the Tata Group expanded significantly and diversified into new areas such as telecommunications, power, and hospitality. He was also instrumental in the acquisition of several international companies, including Tetley, Corus, and Land Rover.
Ratan Tata is known for his philanthropic activities and has donated generously to charitable causes through the Tata Trusts. He has also served on the boards of several prestigious institutions, including the University of Oxford, Cornell University, and the Indian School of Business.
Ratan Tata is widely respected in India and internationally for his business acumen and philanthropic efforts. He was awarded the Padma Bhushan, one of India’s highest civilian honors, in 2000, and the Padma Vibhushan, the second-highest civilian award, in 2008.