Ratan Tata Wikipedia, Birth, Age, Wife, Son, Family, Education, Tata Sons, News, Net Worth, Religion, Awards, Death 2024

Ratan Tata Wikipedia, Birth, Age, Wife, Son, Family, Education, Tata Sons, News, Net Worth, Religion, Awards, Death 2024: Born on 28 December 1937 in Bombay, British India. He was the son of Naval Tata and Soono Commissariat. He was a gem to the world who lost his life on 9 October 2024.

He is an Indian industrialist, philanthropist, and former chairman of the Tata Group. He was known for his several contributions to the corners of the world. He was admitted to the Mumbai Breach Candy Hospital for his health checkup. However, it was seen that he was admitted to the ICU by the doctors. After a period, news comes he is no more in this world.

PersonalityRatan Tata
Birth28 December 1937
Age86 years
EducationCornell UniversityHarvard Business School
FamilyNaval Tata (Father)Sooni Commissariat (Mother)
ReligionZoroastrian religion
OccupationFormer Chairperson of Tata Sons and Tata Group Philanthropist Investor
TitleChairman Emeritus, Tata Sons and Tata Group
PredecessorJRD Tata
AwardsPadma Vibhushan (2008)Padma Bhushan (2000)
Net WorthRs. 3800 crores
Famous Quotes”I don’t believe in taking the right”
Death9 October 2024

Ratan Tata Early Life

Ratan Tata was born in 1937 in the British colonial period. He was the son of Naval Tata and Sooni Commissariat. His biological father was Hormusji Tata, a Tata Family Member by Blood. He was only 10 when his parents got separated. Later he was adopted by his grandmother Navajbai Tata. His younger brother was Jimmy Tata and his half-brother was Noel Tata. And Ratan Tata follows the Zoroastrian religion.

He went to Campion School, Cathedral & John Connon School, Bishop Cotton School, and Riverdale Country School. He attended Cornell University and Harvard Business School. In 1955, he completed his graduation from New York. In 1959, he completed his Bachelor’s Degree in Architecture. He was also a member of the Alpha Sigma Phi Fraternity at Cornell University.

In 2008, he gifted $50 million to the Cornell University. And he became one of the largest contributors to international donations. But now he left us at 86 on 9 October 2024. It is a sorrowful period for the entire world.

Ratan Tata Family Backgroud

  • Jamshedji Nusserwanjo Tata is the founder of India’s Biggest Company Tata Group.
  • He is married to Hirabai Daboo and has two sons and a daughter, Dorabji Tata, Ratanji Tata, and Dhunbai Tata respectively.
  • The elder son is Dorabji Tata, the second chairperson of Tata Group. He is married to Meherbai Tata.
  • The younger son is Jamshedji Tata who was married to Navajbai Tata. After his death, she adopted a son, Naval Tata whose biological father is Hormusji Tata.
  • Naval Tata served as the Director role in Tata Companies for several years including being an ILO member.
  • Naval Tata married twice and had three sons. Sooni was the Naval’s first wife. They had two sons named Ratan Tata and Jimmy Tata. And after some years their marriage turned into divorce.
  • Simone Tata is the Naval’s second wife. She was 26 years younger than Naval Tata. They had a son Noel Tata.

Ratan Tata Personal Life

Ratan Tata was never married in his life and had no children. In 2011, he said that he came close to getting married several times but his fear backed him off.

Ratan Tata Career

In 1970, Ratan Tata was in the managerial position in the Tata Group. During an economic slowdown, he achieved his initial success by turning the National Radio and Electronics around. In 1991, J.R.D. Tata stepped down as the chairman of Tata Sons and appointed him.

After which he reformed all the policies and implemented the designed policies to the Tata Sons. And reported all the subsidiaries to contribute their profit to the Tata Group. He gave a chance to many youths and started grabbing the younger talent.

He was only 21 when he led the Tata Group to the heights by maintaining 40-50 times profit. He acquires Tata Tea, Tetley, Tata Motors, and Tata Steel. These acquisitions led Tata to become a good profit. Most of the revenues come from operations and international sales.

He led to the innovation of the Tata Nano Car by putting it at a reasonable price. And Tata Motors also rolled out the Tigor Electric Vehicles in Gujarat. Tata had also invested in multiple companies. He invested in Snapdeal, Teabox, and CashKaro.com. He also invested in Ola Cabs around .95 Crore. In 2016, he also acquired a stake in Xiaomi. His investment also includes Nestaway and Zenify.

In 2012, he resigned his powers but his team refused to appoint his successor. His successor was Cyrus Mistry. Later, in 2016, he was removed from the position and Ratan Tata was appointed as the interim chairman. And in 2017, Natarajan Chandrasekaran became the Tata Sons’ Chairperson.

Ratan Tata Philanthropy

Ratan Tata was a supporter of rural development, education, and medicine. He was a leading philanthropist in India. He supported the University of New South Wales Faculty of Engineering.

He also donated to the University of California, San Diego where the building was renamed as Tata Trusts. He donated $70 Million to the University. He donated the amount to the Tata Institute for Genetics and Society’s Establishment. It is a 4-story building over 128,000 square feet.

Tata also donated $28 Million to the Tata Scholarship Fund for Cornell University. He wants to provide financial help to the undergraduate students of India. In 2010, he donated $50 Million to the Harvard Business School Executive Center’s Construction. It was renamed as the Tata Hall with a total cost of $100 Million.

TCS has also given the largest donation to Carnegie Mellon University for the research facility. He donated around $35 Million to the Campus. In 2014, Tata Group formed the Tata Center For Technology and Design. They donated around 940 Million Indian Currency for the establishment.

Ratan Tata Life Events

  • Ratan Tata was the interim chairman of Tata Sons.
  • He had a 66% stake in Tata Sons.
  • He was a member of the Prime Minister’s Council on Trade & Industry, and the National Manufacturing Competitiveness Council.
  • He was also on the Pritzker Architecture Prize’s Jury Panel.
  • He was on the Board of Trustees at Cornell University.
  • He was the Director of Alcoa, Mondelez International, Wast-West Center, University of Southern California.
  • He was on the International Advisory Council, at Bocconi University’s member.
  • He was at the advisory board position in International Consultancy Company.
  • He took the advisory role at Kalary Captial.

Ratan Tata’s Net Worth

Ratan Tata’s Net Worth was around INR 3800 Crore. He built an Empire which made him come under the Rick Lists. Now, Natarajan Chandrasekaran is handling the Tata Sons’ Chairmanship.

Ratan Tata Death

The Ratan Tata Death News stopped the whole world for a moment. He was admitted to Breach Candy Hospital. He was in critical condition and was admitted to ICU on 7 October 2024. Unfortunately, on 9 October 2024, he died at 86.

Ratan Tata Awards

YearNameAwarding Organization
2000Padma BhushanGovernment of India
2008Padma VibhushanGovernment of India
2001Honorary Doctor of Business AdministrationOhio State University
2004Medal of the Oriental Republic of UruguayGovernment of Uruguay
2004Honorary Doctor of TechnologyAsian Institute of Technology.
2005International Distinguished Achievement AwardB’nai B’rith International
2005Honorary Doctor of ScienceUniversity of Warwick.
2006Honorary Doctor of ScienceIndian Institute of Technology Madras
2006Responsible Capitalism AwardFor Inspiration and Recognition of Science and Technology (FIRST)
2007Honorary FellowshipThe London School of Economics and Political Science
2007Carnegie Medal of PhilanthropyCarnegie Endowment for International Peace
2008Honorary Doctor of LawUniversity of Cambridge
2008Honorary Doctor of ScienceIndian Institute of Technology Bombay
2008Honorary Doctor of ScienceIndian Institute of Technology Kharagpur
2008Honorary Citizen AwardGovernment of Singapore
2008Honorary FellowshipThe Institution of Engineering and Technology
2008Inspired Leadership AwardThe Performance Theatre
2009Honorary Knight Commander of the Order of the British Empire (KBE)Queen Elizabeth II
2009Life Time Contribution Award in Engineering for 2008Indian National Academy of Engineering
2009Grand Officer of the Order of Merit of the Italian RepublicGovernment of Italy
2010Honorary Doctor of LawUniversity of Cambridge
2010Hadrian AwardWorld Monuments Fund
2010Oslo Business for Peace awardBusiness for Peace Foundation
2010Legend in Leadership AwardYale University
2010Honorary Doctor of LawsPepperdine University
2010Business for Peace AwardBusiness for Peace Foundation
2010Business Leader of the YearThe Asian Awards.
2012Honorary FellowThe Royal Academy of Engineering
2012Doctor of Business honoris causaUniversity of New South Wales
2012Grand Cordon of the Order of the Rising SunGovernment of Japan
2013Foreign AssociateNational Academy of Engineering
2013Transformational Leader of the DecadeIndian Affairs India Leadership Conclave 2013
2013Ernst and Young Entrepreneur of the Year – Lifetime AchievementErnst & Young
2013Honorary Doctor of Business PracticeCarnegie Mellon University
2014Honorary Doctor of BusinessSingapore Management University
2014Sayaji Ratna AwardBaroda Management Association
2014Honorary Knight Grand Cross of the Order of the British Empire (GBE)Queen Elizabeth II
2014Honorary Doctor of LawsYork University, Canada
2015Honorary Doctor of Automotive EngineeringClemson University
2015Sayaji Ratna AwardBaroda Management Association, Honoris Causa, HEC Paris
2016Commander of the Legion of HonourGovernment of France
2018Honorary DoctorateSwansea University
2021Assam BaibhavGovernment of Assam

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FAQ

1. Who is Ratan Tata?

Ratan Tata is an Indian industrialist, philanthropist, and former chairman of the Tata Group. He was the Gem of the Industrial World.

2. What was Ratan Tata Age?

Ratan Tata Age was 86 year old.

3. When was Ratan Tata died?

Ratan Tata died on 9 October 2024.

4. Who is Tata Son’s CEO?

Tata Sons’ CEO is Natarajan Chandrasekaran. He is holding the Tata Sons after the Ratan Tata.

5. How much Ratan Tata donated?

Ratan Tata donated more than $102.4 Billion.

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