Ratan Tata Net Worth 2024: Ratan Tata Wealth Without Donation

Former chairperson of Jaguar Land Rover, Ratan Tata Net Worth was estimated to be $1 Billion. Ratan Tata, passed away at the age of 86.

CA Ridhi Dhoot

The former chairman of Jaguar Land Rover, Ratan Tata Net Worth was estimated to be $1 billion. He was an Indian philanthropist, industrialist, and former chairman of Tata Sons. The man once said, “I don’t believe in making the right decisions.” I make a decision and then do the right thing.” The decisions he made were worth more than $100 billion. This man needed no introduction – he was none other than Mr. Ratan Tata, who led the Tata Group from its foundation to the top. You can once check out details about Ratan Tata’s personal life, profession, income, and sources of wealth.

He was considered one of the strongest and most famous people on the planet, a dedicated individual, and a true inspiration. His financial information and comparisons between Sundar Pichai, Bill Gates, Anil and Mukesh Ambani, and Mark Zuckerberg were made. Below is Ratan Tata’s net worth. The discussion once revolved around Mr. Ratan Tata’s leadership, career, and profession, but most importantly, his income, assets, and net worth. Indian investor and philanthropist Mr. Ratan Tata was the head of Tata Sons and previously the chairman of the Tata Group.

Tata Sons promoted the main operating group of Tata Companies, which also owned a large stake in these businesses. About 66% of the equity capital of Tata Sons is owned by the Tata family. The Tata Group was owned by charitable trusts established by the Tata Trust. The Sir Dorabji Tata Trust and the Sir Ratan Tata Trust were the largest of these trusts. The Tata Group was composed of over 100 active businesses located on six continents. Check out Anupam Mittal’s Net Worth.

Latest News – Industrial icon and philanthropist Ratan Tata dies at 86

On October 9, 2024, renowned industrialist and honorary chairman of the Tata Group, Ratan Tata, passed away at the age of 86. His death shocked many, not only in India but all over the world. He was highly respected for his innovative leadership, charitable efforts, and unwavering dedication to social responsibility. Under Ratan Tata’s leadership, the Tata Group became a multinational industrial conglomerate, diversifying its businesses into consumer products, chemicals, steel, automotive and information technology.

His most notable achievements include the purchase of Jaguar Land Rover, the launch of the Tata Nano, the world’s cheapest car, and the establishment of the Tata Trusts, one of India’s largest charitable institutions. Ratan Tata was known for his integrity, empathy, and humility. Along with being a strong advocate of equality and social justice, he also used his power to advance corporate social responsibility and sustainable development.

The announcement of Ratan Tata’s death has caused great sadness and pain. As the world mourns the loss of a compassionate human being and a visionary leader, tributes have poured in from all quarters. His contributions to India and the world will be remembered for many years to come, and his legacy will inspire generations to come.

Ratan Tata dies at 86

The products and services of Tata Group include

Automobile and automotive servicesInvestment services
Agrochemicals and agriculture servicesIT and IT-enabled services
Automobile and automotive servicesLogistics
Automobiles, auto assemblies and auto componentsMaterial handling equipment
ChemicalsMedia and entertainment
Construction equipmentsMining
Consumer productsPower
Consumer products-retailingRealty and infrastructure
Defence and aero-spaceRenewable energy
DrugsRetail chains
Engineering servicesServices-miscellaneous
Financial servicesSteel products and services
Hotels and hospitalityTelecom products and solutions
Industrial infrastructure-EPC projectsN/A

What is the Ratan Tata’s Net Worth?

Mr. Ratan Tata’s net worth was diversified, but it still consisted of a large amount of wealth acquired from various sources. Mr. Ratan Tata’s net worth was estimated at US$1 billion, which in Indian currency was approximately 8250 crores Indian rupees (i.e., approximately eight thousand two hundred fifty crore rupees).

Ratan Tata was not on the billionaire club list because 65% ownership of Tata Sons, which was the major holding company of the other 96 Tata Group companies, was held by various charitable organizations. Therefore, this 65% ownership of Tata Sons Limited did not appear on Ratan Tata’s personal financial statement but on various charitable organizations. Ratan Tata’s net worth was $1 billion (8250 crores rupees).

If this 65% ownership of Tata Sons was added to Ratan Tata’s personal financial statement, Ratan Tata’s net worth could have been up to US$85 billion, which would have been even more than Bill Gates’ net worth of US$84 billion, who was the richest person in the world according to 2016 Forbes magazine. The Tata Charitable Trust was the largest in India’s history. Also, check Gautam Adani’s Net Worth.

NameRatan Tata
Net Worth (2024)$1 Billion
Net Worth Without Donation$103 Billion
Net Worth In Indian Rupees8250 Crore INR
ProfessionBusinessmen
Monthly Income And Salary90 Crore +
yearly Income820 Crore +
Organizations foundedTata Docomo, Tata Housing Development Company, Tata Teleservices
AwardsOrder of Australia (2023), MORE
SuccessorCyrus Mistry (2012–2016); Natarajan Chandrasekaran (2017–present)
Last Updated2024
How rich is Ratan Tata

Ratan Tata Assets

Ratan Tata House: Mr. Ratan Tata Resides in Mumbai, India. He bought this luxury home in the year 2015. The Estimated Value of this Real Estate property is around Rs. 150 Crores. He owns Multiple Properties across India.

Ratan Tata Cars: The Car collection of Mr. Tata is quite large. He owns a few of the best luxury cars in the world. The Car brands owned by Mr. Ratan Tata include Mercedes Benz, Ferrari, Honda Civic, Range Rover, Tata, Maserati Quattroporte, Cadillac XLR, Chrysler Sebring, Jaguar, and Buick Super 8.

Average income/ investment

The richest man by heart doesn’t need any dependency to rely upon; still, Mr. Tata has personal investments, his various foundations which work day and night to transform the world and the way of living life. Considering his current performance and annual growth of the company as well as of the individual, we can be very positive about his net worth which will be growing through the years to come.

Estimated net worthRs. 8250 Crore INR
Average Annual IncomeRs. 820 Crore INR
Personal InvestmentRs. 5248 Crore INR
Luxury carsRs. 19 Crore INR

Ratan Tata Companies

  • Air India
  • Tata Consultancy Services
  • Tata Motors
  • Tata Steel
  • Tata Chemicals
  • Tata Consumer Products
  • Titan
  • Tata Capital
  • Tata Power
  • Indian Hotels
  • Tata Communications
  • Tata Digital and
  • Tata Electronics.

About Mr. Ratan Tata’s Personal Life

There are many amazing and interesting facts about the richest man, which are listed below. He was born on 28 December 1937 in Surat, India. His full name is Ratan Naval Tata. Mr. Tata received his schooling at Cathedral John Connon School in Mumbai and Shimla and Bishop Cotton School (Shimla).

Ratan Tata received a B.S. degree in Architecture with Structural Engineering from Cornell University in 1962 and the Advanced Management Program from Harvard Business School in 1975. Mr. Ratan Tata was adopted by his grandmother, Navajbai Tata, after the death of her husband.

He is the great-grandson of Jamsetji Tata, the founder of the Tata Group. Mr. Ratan Tata received the Padma Vibhushan in 2008 and the Padma Bhushan in 2000, the second and third highest civilian honors given by the Government of India. You can also check Laxman Narasimhan’s Net Worth.

Real NameRatan Naval Tata
Birth Place:Mumbai, india
Date Of Birth:28 December 1937
Died:9 October 2024 (age 86 years)
Height:5′ 10″ / 1.77 m
Weight:67 Kg / 148 pounds
Education:Harvard Business School (1975)
Religion:N/A
Nationality:Indian
Zodiac Sign:Capricorn
Gender:Male
Sexual Orientation:Straight
Kids/Children Name:N/A
Parents:Naval Tata, Sooni Tata
Girlfriend:N/A
Wife:N/A
Ratan Tata family

The other notable awards are

YearNameAwarding organisation
2016Commander of the Legion of HonourGovernment of France
2015Sayaji Ratna AwardBaroda Management Association, Honoris Causa, HEC Paris
2015Honorary Doctor of Automotive EngineeringClemson University
2014Honorary Doctor of LawsYork University, Canada
2014Honorary Knight Grand Cross of the Most Excellent Order of the British Empire (GBE)United Kingdom Government
2014Sayaji Ratna AwardBaroda Management Association
2014Honorary Doctor of BusinessSingapore Management University
2013Honorary DoctorateUniversity of Amsterdam
2013Honorary Doctor of Business PracticeCarnegie Mellon University
2013Ernst and Young Entrepreneur of the Year– Lifetime AchievementErnst and Young
2013Transformational Leader of the DecadeIndian Affairs India Leadership Conclave 2013
2013Foreign AssociateNational Academy of Engineering
2012Grand Cordon of the Order of the Rising SunGovernment of Japan
2012Doctor of Businesshonoris causaUniversity of New South Wales
2012Honorary FellowThe Royal Academy of Engineering[5]
2010Business Leader of the YearThe Asian Awards.
2010Business for Peace AwardBusiness for Peace Foundation
2010Honorary Doctor of LawsPepperdine University
2010Legend in Leadership AwardYale University
2010Oslo Business for Peace AwardBusiness for Peace Foundation
2010Hadrian AwardWorld Monuments Fund
2010Honorary Doctor of LawUniversity of Cambridge
2009Grand Officer of the Order of Merit of the Italian RepublicItaly
2009Life Time Contribution Award in Engineering for 2008Indian National Academy of Engineering
2009Honorary Knight Commander of the Order of the British Empire (KBE)United Kingdom
2008Inspired Leadership AwardThe Performance Theatre
2008Honorary FellowshipThe Institution of Engineering and Technology
2008Honorary Citizen AwardGovernment of Singapore
2008Honorary Doctor of ScienceIndian Institute of Technology Kharagpur.
2008Honorary Doctor of ScienceIndian Institute of Technology Bombay.
2008Honorary Doctor of LawUniversity of Cambridge.
2007Carnegie Medal of PhilanthropyCarnegie Endowment for International Peace.
2007Honorary FellowshipThe London School of Economics and Political Science

Ratan Tata’s Luxurious Lifestyle: Private Jet and Villa

Ratan Tata is fond of flying planes, and he owns a private jet named Dassault Falcon. This particular jet costs around US$30 million (Rs 245 crores) and has facilities like a conference room, sleeping area, and washrooms. Apart from this, Tata lives in a large 3-floor house in the Colaba area of ​​Mumbai, which is around 13,350 square feet and faces the sea. The price of this luxury property is estimated to be around Rs 200 crores.

Ratan Tata Cars Collection

Ratan Tata is the same as his grandfather, JRD Tata, who loves fast cars. He has a collection of unique and luxurious cars in his garage.

  • Ferrari California (INR 3 crore)
  • Maserati Quattroporte (INR 2 crore)
  • Jaguar F-Type S (Convertible model) (INR 1 crore)
  • Cadillac XLR (INR 80 lakh)
  • Chrysler Sebring (INR 80 lakh)
  • Land Rover Freelander (INR 51 lakh)
  • Chevrolet C4 Corvette (INR 50 lakh)
  • Mercedes-Benz SL 500 (INR 42 lakh)
  • 1978 Buick Skylark (INR 14 lakh)
  • Tata Nexon (INR 14 lakh)

Ratan Tata Net Worth Growth

YearNet Worth (Million)
Net Worth in 2024$1000 Million
Net Worth in 2023$950 Million
Net Worth in 2022$900 Million
Net Worth in 2021$850 Million
Net Worth in 2020$500 Million
Net Worth in 2019$450 Million

FAQs

What is Ratan Tata’s net worth?

Ratan Tata’s total net worth is around $1 Billion (₹ 8250 Crore).

What is the Salary of Ratan Tata?

Ratan Tata earns an estimated salary of ₹820 Crore Per Year.

What is the name of Ratan Tata’s wife?

No, Ratan Tata is not married.

What is the height of Ratan Tata?

The Height of Ratan Tata is 1.77 m (5′ 10”).

CA Ridhi Dhoot

The writer is a Chartered Accountant & a Licentiate Company Secretary. You can reach out to her at [email protected]

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