Ratan Tata net worth

Ratan Tata net worth

Net Worth: $1 Billion

About Ratan Tata

Ratan Tata net worth

It has been reported that Ratan Tata is one of the wealthiest people in the world. It has been stated that Ratan Tata net worth reaches an estimate of 1 billion dollars. He is currently known as a the chairman of Tata Group. In addition, he is also working in several companies under the name of Tata, as well. These are considered to be the ones, which add most of the revenues to Ratan Tata net worth.

In addition, a huge part of his net worth has come from his involvement into the company called Tata Sons. Tata Group is known as a Mumbai based conglomerate, which is one of the most popular companies in India. Also, it has been known that he was working as the chairman of the group between the years 1991-2012. Thus, his service in this company added a lot of huge sums to Ratan Tata net worth. Currently, he is known to hold a very prestigious position in the company, which is called Chairman Emeritus. In addition, he is taking care of charitable trusts of the company, as well.

In 1962, Ratan Tata graduated from Cornell University, where he was studying architecture with structural engineering.

In addition, in 1977 Ratan Tata graduated from another educational institution, this time being Harvard Business School. There, he was studying Advanced Management Program. In 1962, Ratan Tata started his career in Tata Group, which added the biggest sums of money to Ratan Tata net worth.

His first position was working at Tata Steel shop floor, where his tasks were shoveling limestone as well as handling the blast furnace. In 1991, Ratan Tata was named as the company’s successor, since J. R. D. Tata was retiring from his position as a chairman. In the same year, Ratan Tata was appointed as the company’s chairman, the position, where he has been highly successful.

When he was working as a chairman of the company, Tata Steel acquired Corus, Tata Motors bought Jaguar Land Rover and Tata Tea acquired a tea brand called Tetley. This acquisition turned the company from being a mere Indian conglomerate to a global business. 65 percent of the revenues of the company were even coming from companies abroad. Moreover, when he was in charge of the company, a few sectors were developing quite fastly, such as Tata Nano and Tata Indica. Thus, he added a lot to popularizing and bringing more profits to the company.

Now you have an idea why Ratan Tata net worth is this huge

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