A true philanthropist at heart, Ratan Tata embodied the values of his great-grandfather and Tata Group founder, Jamshetji Tata, believing that businesses should extend their focus beyond mere profit to serve the communities in which they operate.
Ratan Tata, the emeritus chairman of Tata Sons and one of the world’s most influential industrialists, never appeared on any billionaire list, despite overseeing the Tata Group’s diversification from salt to steel, software, automobiles, and aviation. He managed over 30 companies operating in more than 100 countries across six continents while maintaining a modest lifestyle.
According to the IIFL Wealth Hurun India Rich List of 2022, Ratan Tata was ranked 421, with an estimated net worth of Rs. 3,800 crore. The chairmen of the Tata Group have historically bequeathed their assets to the Tata Trusts, which control a two-thirds stake in Tata Sons. Approximately 60% of the dividends generated by Tata Sons are dedicated to charitable endeavors, reflecting Ratan Tata’s commitment to social responsibility and community welfare.
A true philanthropist at heart, Ratan Tata embodied the values of his great-grandfather and Tata Group founder, Jamshetji Tata, believing that businesses should extend their focus beyond mere profit to serve the communities in which they operate.