Ratan Tata Total Company : Owned Companies Chairman (Business, Products) list, Family, Tata Group Owner, Net Worth

Check List of Ratan Tata Total Company : Owned Companies Chairman (Business, Products) list, Family, Tata Group Owner, Net Worth

Ratan Tata : Man of Legacy and Philanthropy in Modern India

• Full Name: Ratan Naval Tata
• Born: December 28, 1937, Mumbai, India
• Died: October 9, 2024
• Chairman Tenure: 1991-2012; Interim 2016-2017
• Awards: Padma Vibhushan (2008), Padma Bhushan (2000)
• : Bachelor’s in Architecture, Cornell
• Career Start: Joined Tata Group in 1962
• Key Acquisitions: Tetley, Jaguar Land Rover, Corus
• Investments: Over 30 start-ups via RNT Capital Advisors
• Family: Son of Naval Tata; adopted by Naval Tata
• Founder: Jamshedji Tata
• Legacy: 150+ years with Tata Group
• Total Companies : 30
• Leadership: Led global expansion of Tata
• Philanthropy: Major contributor to charitable initiatives

Check Ratan Tata Total Company : Owned Companies Chairman

Ratan Tata, the Tata Sons chairman emeritus, departed on October 9, 2024, leaving a magnificent legacy spanning more than 150 years in his wake. He was a well-known Indian industrialist and philanthropist who was born on December 28, 1937.  He chaired Tata Group and Tata Sons from 1991 to 2012, then from October 2016 to February 2017, he had an interim position.

After receiving the Padma Bhushan in 2000, he was honoured with the Padma Vibhushan in 2008, which is India’s second highest civilian award. Ratan Tata, the founder of the Tata Group and the son of Naval Tata, who was adopted by Ratanji Tata, the son of Jamshedji Tata, is an architecture graduate of Cornell .

In 2022, Ratan Tata ranked 421 on the IIFL Wealth Hurun India Rich List, with an estimated net worth of ₹3,800 crore.

Established by Jamsetji Tata in 1868, the Tata Group is a global enterprise based in India, consisting of 30 companies spanning ten sectors.

He began working for the Tata Group in 1962 on the Tata Steel shop floor, and once J. R. D. Tata retired, he became chairman. The Tata Group grew internationally under his direction, purchasing businesses including Tetley, Jaguar Land Rover, and Corus. Over the course of his career, Ratan Tata has made over thirty start-up investments, mostly through his investment business and in his own name.

Ratan Tata : Man of Legacy and Philanthropy in Modern India

Ratan Tata :

In 2022, Ratan Tata ranked 421 on the IIFL Wealth Hurun India Rich List, with an estimated net worth of ₹3,800 crore.

Ratan Tata: A Legacy of Giving and Business

• Global Influence: Managed over 30 companies in more than 100 countries across six continents.
• Simple Life: Even with great wealth, he lived modestly.
• Philanthropic Vision: Followed his great-grandfather Jamshetji Tata’s belief that businesses should benefit communities, not just focus on profits.
• Wealth Ranking: Ranked 421 on the IIFL Wealth Hurun India Rich List 2022 with an estimated net worth of ₹3,800 crore.

Tata Trusts and Contributions :

• Asset Transfer: Former Tata Group chairmen handed over assets to Tata Trusts, which own two-thirds of Tata Sons.
• Charitable Focus: About 60% of Tata Sons’ dividends are used for charity.
• Cancer Care: Tata Trusts built 10 cancer care centers in states like Assam and Karnataka, offering top-notch treatment to those in need.
• Support: Sponsored institutions like the Tata Institute of Social Sciences and various educational projects across India.
• Animal Care: A dog lover, he ensured that stray dogs outside Bombay House in Mumbai had shelter.

Support for New Businesses :

• Guidance for Start-Ups: As Emeritus Chairman of Tata Sons, he helped young entrepreneurs, especially in tech.
• Investments: Invested in over 30 start-ups, including Ola Electric and Paytm, through RNT Capital Advisors.

Passing and Impact :

• Death: Ratan Tata died at 86 in Mumbai; the Tata Group announced his passing without providing a cause.

Philanthropic Efforts :

• Support for Key Areas: Known as a leading philanthropist in India.
• Water Quality Research: Funded initiatives at the of New South Wales to improve water quality in underprivileged regions.
• Tata Hall at UC San Diego : Opened in November 2018, funded by a $70 million donation from Tata Trusts to create the Tata Institute for Genetics and Society, focusing on health and food challenges.
• Tata Scholarship Fund at Cornell : With a $28 million endowment, it helps Indian undergraduates with financial aid, supporting around 20 scholars each year.
• Tata Hall at Harvard Business School: A $50 million donation for a facility that supports mid-career executive education, costing a total of $100 million.
• Tata Innovation Center at Cornell Tech: A business incubator for students and faculty, with 70% space leased for business use, named after Ratan Tata.
• Tata Centre for Technology and Design at IIT Bombay: A ₹950 million fund to create design solutions for communities with limited resources.
• Alzheimer’s Research Grant: Provided a ₹750 million grant to research Alzheimer’s disease at the Indian Institute of Science, aiming for better diagnosis and treatment over five years.
• MIT Tata Center for Technology and Design: Focuses on solving issues in resource-poor communities, starting with India.

Board Memberships and Affiliations :

• Interim Chairman: Acted as interim chairman of Tata Sons.
• Tata Trusts Leadership: Led Sir Dorabji Tata and Allied Trusts, as well as the Sir Ratan Tata Trust, which owns 66% of Tata Sons.
• Government Councils: Served on the Prime Minister’s Council on Trade and Industry and the National Manufacturing Competitiveness Council.
• Pritzker Prize Jury: Was a jury member for the respected Pritzker Architecture Prize.
• Cornell Board: Held a position on the Board of Trustees and various committees; named Cornell Entrepreneur of the Year in 2013.
• Corporate Boards: Served as a director at Alcoa Inc., Mondelez International, and the Board of Governors of the East-West Center.
• Advisory Roles: Participated in advisory boards at the of Southern California, Harvard Business School, X Prize, and Bocconi .
• Carnegie Endowment: Joined the board of trustees in 2013.
• Kalari Capital: Became an advisor to the venture capital firm in February 2015.

Personal Life and Death :

• Marital Status : Remained unmarried and had no children; considered marriage several times but never went through with it.
• Close Relationships : Maintained a strong relationship with personal assistant Shantanu Naidu.
• Health Issues : Was hospitalized at Breach Candy Hospital in critical condition due to breathing problems; received intensive care from October 7, 2024.
• Passing : Died at age 86 on October 9, 2024, due to issues related to aging.
• State Mourning : The governments of Maharashtra and Jharkhand announced a day of mourning after his death.
• Final Honors : Had a state funeral on October 10, with military honors, including a 21-gun salute and a guard of honor.

Chairman Of Major Tata Companies :

Mr Tata was the chairman of major Tata companies including :

Landmark Decisions by Ratan Tata :

• TCS Public Listing : Managed the public listing of Tata Consultancy Services (TCS) in 2004, which was the largest initial public offering at that time.
• Current Valuation : TCS is now valued at ₹15.5 lakh crore, ranking as India’s second-largest company after Reliance Industries.
• Wealth Creation : TCS has consistently doubled investors’ money every five years on average.

Post-Tata Group Involvement :

• Startup Investments : After stepping down, Ratan Tata became an active investor in Indian startups.
• Notable Backings : Invested in companies such as Paytm, Ola Electric, and Urban Company, which provides home and beauty services.

Tata Group’s Resilience :

• Air India Acquisition : In 2021, Tata Group successfully brought debt-laden Air India back into its operations, decades after the airline was nationalized.

Natarajan Chandrasekaran’s Tenure :

• Joined the Board of Directors at Tata Sons in October 2016.
• Became Chairman in January 2017.
• Began his career at Tata Sons after university, spending 30 years with the company.
• Served as CEO and Managing Director of Tata Consultancy Services (TCS), the main IT solutions and consulting firm of the group.
• Awarded the Padma Bhushan in 2022 for his work in trade and industry.

Ratan N. Tata’s Leadership :

• Was Chairman of Tata Sons from 1991 until he retired on December 28, 2012.
• Received the honorary title of Chairman Emeritus for Tata Sons, Tata Industries, Tata Motors, Tata Steel, and Tata Chemicals on December 29, 2012.

Vist TATA Groups Website To Know More : tatatrusts.org