Ratan Naval Tata is an Indian industrialist, philanthropist, and a former chairman of Tata Sons, today we look at his net worth and lifestyle.
RATAN TATA NET WORTH – $1,000,000,000
|NAME: Ratan Naval Tata|
|OCCUPATION: Billionaire Businessman|
|BIRTHDAY: 28th December 1937|
|COUNTRY OF BIRTH: British India|
|SOURCE OF WEALTH: Business|
|PLACE OF RESIDENCE: Mumbai, India|
Born in Bombay, which today is known as Mumbai, Ratan Tata studied at the Campion School, Mumbai till his 8th class, followed by Cathedral and John Connon School, Mumbai and at Bishop Cotton School in Shimla.
In 1995 he graduated from Riverdale Country School in New York City, received a degree in Architecture from Cornell University in 1959 and attended the seven-week Advanced Management Program of Harvard Business School in 1975.
A luxurious property that is worth around Rs 150 crores, Ratan Tata’s home is located in South Mumbai’s most highly-priced area, Colaba.
This Bungalow is spread over an area of 13,350 square feet and has 7 floors in all, has breathtaking sea views and is divided into seven levels with each level having two floors!
The home has everything including a home media room, full gymnasium, infinity pool, bar and sundeck.
Ten to twelve cars can be parked in the basement and there is also a staff quarters underground.
Ratan Tata’s first major business venture was to try and save Group company National Radio and Electronics which he initially did before it collapsed during an economic slowdown.
In 1991 he took over the family business and began to re-form the board of directors and company heads, some of whom were very powerful at the time.
During the 21 years he led the Tata Group, revenues grew over 40 times, and profit, over 50 times.
When he exited the company on 28th December 2012, Tata Group has many influential names under its arm including Jaguar Land-Rover, Tetley, Corus, Tata Steel and Tata Motors.
Ratan tata’s biological maternal grandmother had been the sister of Hirabai Tata, wife of group founder Jamshedji Tata while his biological grandfather, Hormusji Tata, had belonged to the broader Tata family.
His father was named Naval Tata and his mother, Sonoo with them separating 1948 when Ratan was 10 years old.
His grandmother, Navajbai Tata, formally adopted him through the J. N. Petit Parsi Orphanage and he has a half-brother named Noel Tata.
The billionaire businessman has many friends in India and some of these include Shiv Nadar, Gautam Adani, Radhakishan Damani and the Hinduja brothers.
Other friends include Cyrus Poonawalla, Pallonji Mistry, Lakshmi Mittal and Godrej family.
Some of Ratan Tata’s favorite foods include Masoor Dal cooked with lots of garlic, Mutton Pulao Dal, and Nut-rich baked custard.
Tata’s hobbies include Flying Planes, Playing with his pet dogs, listening to old Hindi songs, reading, playing the piano and driving.
His favorite color is white and he has often been seen holidaying in his favorite destination, California.
Tata lives an ordinary life and often shuns the media spotlight, while driving himself to work every day in a Tata Sedan.
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