Ratan Tata (born December 28, 1937) is an Indian Business Tycoon, TATA Chairperson, Entrepreneur, Investor, and Philanthropist from Mumbai city in India. He is well-known as the former chairman of the Tata Group.
In January 2020, he is the head of Tata sons. Ratan holds the position of chairman from 1990 to 2012 and breaks for 4 years. After that, he holds the position in 2016 to 2017.
Tata is one person in India who gives his 60% of annual income to the charity. Because of her philanthropy, he was honored by India’s most appreciable awards like the Padma Vibhushan and Padma Bhushan.
He spreads his business all over the world. He merges Tata tea with Tetley and Tata Steels to Corus to run the business widely.
Childhood, Parents, Siblings & Education
The Legend Ratan Naval Tata came to this world on Tuesday, December 28, 1937 (age 82 years old, as in 2019), in Bombay (now Mumbai), India. He belongs to the Tata family. His father “Naval Tata” was also the former chairman of Tata Group. His mother “Soonoo” was a homemaker.
He has two younger brothers in his family. His younger brother “Jimmy Tata” is a shareholder. Ratan’s parents are divorced after his birth in 1940.
His dad gets a second marriage with a Switzerland lady named “Simone” in 1955. Noel Tata is his stepbrother in his family. Noel is a vice-chairman of Titan Company and a successful businessman.
Ratan is very good at studies from childhood. Tata joined “The Cathedral And John Connon School” in Mumbai for his education. He studied there till the 8th standard. After that, he attends “Bishop Cotton School” in Shimla for completed his schooling.
He moved to New York and took admission in “Riverdale Country School” for his graduation. Because he belongs to an engineering background so he decided to complete his degree in Architecture.
He got the degree of Architecture from Cornell University. Late, he moved to Boston, Massachusetts to attend the Harvard Business School. In that institute, he studied the 7-week advanced management program. He is a humble and kind person.
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It is overwhelming how quickly time passes. Be it the struggles of yesterday or the good days close to heart, everything seems to have happened not very long ago. I look at the years since this picture at Cornell, and I’m heartened by the richness of experiences, opportunities and lessons I have learnt. Life should be full of these, because the years can truly be elusive. #tbteveryday
Personal Life, Spouse & Girlfriend
People always amazed by listening to that, the 82 years old successful businessman is a Bachelor. He does not get married.
In an interview, he said, “I am decided to get married four times, but I am got afraid due to some reason and drop the decision”.
He focused on his career and took his business to the height of success. In 2020, he is one of the popular entrepreneurs in India and other countries.
Physical Stats, Height, Weight & Appearance
He holds a very kind nature personality. Ratana Tata has a height of 5 feet 10 inches tall. His body is decent and weight is around 80 kilograms.
Because of his busy schedule, he does not get time for exercise. But he follows a proper diet plan to keep his body fit and healthy.
At the age of 82, he is full of energy and always looks active. He has big dark brown eyes and salt & pepper hair. There is no tattoo on his body. Ratan is a genuine person and always wears formal clothes.
Tata Company, Investments & Business Ventures
Tata is a very big company, which is run in India and other countries for the past 140 years. The company has more than 90 branches in different sectors.
The Tata industry is dealing with engineering, services, consumer products & chemicals, materials, and communications and information technology.
This is the largest group in the country, which works in more than 80 countries. The company gives employment to more than 4.1 lacs people. The Tata groups hold the 3.5 million shareholder base and $99.78 billion market capitalization in worldwide.
Dispute with Cyrus Mistry
On 24 October 2016, the board of directors of the Tata group decided to replace the former chairman of Tata from Cyrus Mistry to Ratan Tata. In 2017, they removed Mistry from the Interim chairman.
After two years in December 2019, the National Company Law Appellate Tribunal gave the proof that the resignation of Cyrus is illegal. The NCLAT said that he should be reinstated. The Supreme court has appealed for $111 billion for restored the fired chairman.
After this, Ratan was charged personally. In January 2020, the Cyrus Mistry was retained by Tata sons.
Some Interesting Facts About Ratan Tata
|Real Full Birth Name||Ratan Naval Tata.|
|Profession||Businessman, Investor, and Philanthropist.|
|Famous as||The Head of Tata Group.|
|Age (As of 2019)||82 years old.|
|Date of Birth||28 December 1937.|
|Birthplace/Hometown||Mumbai city in India.|
|Sexuality (Gay or Lesbian)||Straight.|
|House Location||Colaba, Mumbai, India.|
|Height (Tall)||Feet & Inches: 5' 10".
Centimeters: 178 cm.
Meters: 1.78 m.
|Weight||Kilograms: 80 Kg.
Pounds: 176 lbs.
|Eye Color||Dark Brown.|
|Hair Color||Salt & Pepper.|
|Shoe Size (UK)||10.|
|Parents||Father: Naval Tata.
Mother: Soonoo Naval Tata.
|Siblings||Brothers: Jimmy Tata and Noel Tata.|
|Personal Life Relationship|
|Social media||Twitter: @RNTata2000 (7.77 million + followers).
Instagram: @ratantata (925k + followers).
Facebook: Ratan Tata.
|Highest Qualification||Degree in Architecture.|
|School||1. The Cathedral And John Connon School in Mumbai.
2. Bishop Cotton School in Shimla.
3. Riverdale Country School in New York City.
|Alma Mater||1. Cornell University.
2. Harvard Business School.
|Net worth||$1 billion (as in 2020).|
Career & Net worth
Ratan joined his family business in the year 1962. Firstly he starts working in Tata steels at Jamshedpur. In the year 1971, he holds the position as a director of National Radio and Electronics.
He holds the position when the company was in a bad state. He raised the company from 2% to 25% in some years. There are so many ups and downs have come in the business.
In 1981, JRD Tata recognized Ratan’s success. JRD decided to make the Ratan as the chairman of Tata Sons. In 1990, Ratan was appointed as the chairman of the Tata group. He gives a new life to his business.
He decided to combine the Tata tea with Tetley. After that, he decided to obtain the Jaguar and Land Rover with Tata Motors.
He also merges the Tata steel with Corus. He makes so many efforts to run the business globally. In 2015, he launched a budget car named “Nano” for Indian consumers.
He also explained the creating project of Nano car at Harvard Business School. Ratan has a big hand to expand the Tata group world widely. The accumulated Net worth of Ratan Tata is around $1 billion US Dollars (as in 2020).
- Ratan invests his personal savings on the Snapdeal website.
- He also invests the sum of 0.95 crores in Ola cabs.
- Tata is also a board member of Mitsubishi Corporation and JP Morgan Chase.
- He makes an account on Instagram in October 2019, and get more than 50 k followers in one day.
- He donates his 60% part of the income to charity.
- He provides a $28 million Tata scholarship fund to Cornell University for providing financial supports to the Indian students.
- Ratan gives the largest donation of Rs 950 million to the Indian Institute of Technology, Bombay for fulfilling the needs of peoples and communities.
- Apart from a businessman, he is a great author also.
- In 2018, he wrote a biographical book named “The Wit & Wisdom of Ratan Tata”.
- In his college days, he used to do a job at IBM.
- Because of his great work, he was awarded by so many awards.
- Ratan is also an alumni member of Harvard Business School.