Ratan Tata’s half-brother holds a important positions in the Tata Group. He holds several responsibilities within the Tata Group such as he is the Vice Chairman of Titan and Tata Steel, parent company of several brands like – Titan Eyeplus, Fastrack, and Tanishq. Know his story.
Story of Ratan Tata’s Half-Brother: We all know Ratan Tata as a celebrated billionaire and philanthropist whose hard work and exceptional leadership took the Tata Group to new heights. Tata is known for his unparalleled vision and risk-taking abilities. He is also the chairman of one of the country’s largest philanthropic organizations, Tata Trusts. Despite several rumored affairs, Ratan Tata never married and has no children. His siblings manage the family business, which spans almost all sectors. However, very few people know about his half-brother, who holds a crucial position in the Tata Group. Noel Tata is Ratan Tata’s half-brother, both being sons of Naval Tata, but they have different mothers. Let’s learn Noel Tata’s story.
Who is Noel Tata?
Noel and Ratan Tata are both sons of Naval Tata but have different mothers. Ratan Tatan’s mother is Sooni Commissariat and his biological brother is Jimmy Tata. Born in 1957, Noel, On the other hand, is the son of Simone Dunoyer, Naval Tata’s second wife.
Noel Tata: Chief Of Several Businesses
Noel Tata holds several responsibilities within the Tata Group. He is the Vice Chairman of Titan and Tata Steel, parent company of several brands such as – Titan Eyeplus, Fastrack, and Tanishq. Noel is also a trustee on the boards of the the Sir Ratan Tata Trust and Sir Dorabji Tata Trust since 2019. He is also one of the board members of Smiths Plc and Kansai Nerolac Paints Limited.
In 1999, Noel Tata stepped into the shoes of the Managing Director at Trent. Gradually, he climbed the ranks and by 2012, he was serving as the Vice Chairman. By 2014, he had ascended to the position of Chairman. Trent, under his leadership, hosts an array of brands like Massimo, Zudio, Zara, Westside, and Star Bazaar. It’s noteworthy to mention that Westside, boasting over 200 stores scattered across India, shines as the most triumphant venture in Noel’s journey with Trent.
Noel Tata: Education Qualification
Noel Tata graduated from Sussex University in the UK, and has also completed the International Executive Programme (IEP) from INSEAD), France.
Noel Tata: Marriage
Noel Tata tied knots to Aloo Mistry, who is the sister of former chairman of the Tata Group Cyrus Mistry. Adding to this intriguing mix, his sister-in-law, Rohiqa Mistry, is one of the richest woman in India.
Noel Tata: A Milestone In His Career
Trent, a member of the esteemed Tata conglomerate, made headlines in the financial world by reaching a market value of Rs 1 lakh crore by the end of December 2023, as covered by the Economic Times.
Noel Tata: Not Worth
Meanwhile, the exact net value of Noel Tata remains undisclosed, but it estimates roughly a staggering USD 1.5 billion, or Rs 12,366 crore. To add to this, Trent, the powerhouse behind Westside, registered an impressive net profit of over Rs 554 crore in the year 2022.
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