Ratan Tata’s net worth: The titan who steered an industrial behemoth but shunned fancying ‘rich lists’ has a fortune….

Ratan Tata Net Worth: Ratan Tata, the influential chairman of Tata Sons, led diversification efforts across various sectors but wasn't keen on fancy billionaire lists. A dedicated philanthropist, he supported Tata Trusts' initiatives in healthcare and education.

Written By Arshdeep Kaur
Updated10 Oct 2024, 10:59 AM IST
Ratan Tata Net Worth: Late Tata Group Chairman Emeritus Ratan Tata
Ratan Tata Net Worth: Late Tata Group Chairman Emeritus Ratan Tata (PTI)

Ratan Tata Net Worth: Ratan Tata, the emeritus chairman of Tata Sons and one of the world's most influential industrialists, never appeared on any list of billionaires despite the Tata Group witnessing a diversification from salt to steel to software to automobiles and aviation under him.

Also Read | Rata Tata Death News Live Updates: Amit Shah to attend last rites of Tata boss

Ratan Tata controlled over 30 companies operating in over 100 countries across six continents and yet lived unpretentious an unpretentious life.

A philanthropist to the core, Ratan shared his great-grandfather and founder Jamshetji's Tata DNA and believed that businesses need to go beyond the interest of their companies to the communities they serve.

Also Read | Tributes pour in from leaders after Ratan Tata’s passing

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

The chairmen of the Tata Group have bequeathed their assets to the Tata Trusts, which hold a two-thirds stake in Tata Sons. Approximately 60% of the dividends from Tata Sons are allocated to charitable endeavours.

Under Ratan Tata, Tata Trusts developed and augmented 10 cancer care facilities in Assam, Jharkhand, Andhra Pradesh and Karnataka. The facilities make world-class treatment accessible to poor people.

Also Read | How Ratan Tata wanted to be remembered. ‘As somebody who…’

Ratan Tata actively steered the Tata Trusts towards addressing vital social needs, setting up institutes of excellence like the Tata Institute of Social Sciences and funding educational initiatives across India.

Ratan Tata's contribution towards Start-Ups 

During his time as the emeritus chairman of Tata Sons, Ratan donned a new hat and began helping young 21st-century entrepreneurs and investing in new-age tech-driven start-ups that will play a significant role in shaping the country's future.

In his personal capacity and some through his investment company RNT Capital Advisors, Tata invested in over 30 start-ups, including Ola Electric, Paytm, Snapdeal, Lenskart and Zivame.

Also Read | Ratan Tata obituary: The visionary who bridged tradition and innovation

His love for charity was not limited to humans --a dog-lover Tata had once decreed that any strays outside the conglomerate's HQ in downtown Mumbai--Bombay House--be allowed shelter. Some never left, but their benefactor is no more.

(With PTI inputs)

Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Business NewsCompaniesPeopleRatan Tata’s net worth: The titan who steered an industrial behemoth but shunned fancying ‘rich lists’ has a fortune….
MoreLess
First Published:10 Oct 2024, 09:17 AM IST
Most Active Stocks
Market Snapshot
  • Top Gainers
  • Top Losers
  • 52 Week High
    Recommended For You
      More Recommendations
      Gold Prices
      • 24K
      • 22K
      Fuel Price
      • Petrol
      • Diesel
      Popular in Companies