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.
Personality | Ratan Tata |
Birth | 28 December 1937 |
Age | 86 years |
Education | Cornell UniversityHarvard Business School |
Family | Naval Tata (Father)Sooni Commissariat (Mother) |
Religion | Zoroastrian religion |
Occupation | Former Chairperson of Tata Sons and Tata Group Philanthropist Investor |
Title | Chairman Emeritus, Tata Sons and Tata Group |
Predecessor | JRD Tata |
Awards | Padma Vibhushan (2008)Padma Bhushan (2000) |
Net Worth | Rs. 3800 crores |
Famous Quotes | ”I don’t believe in taking the right” |
Death | 9 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
Year | Name | Awarding Organization |
2000 | Padma Bhushan | Government of India |
2008 | Padma Vibhushan | Government of India |
2001 | Honorary Doctor of Business Administration | Ohio State University |
2004 | Medal of the Oriental Republic of Uruguay | Government of Uruguay |
2004 | Honorary Doctor of Technology | Asian Institute of Technology. |
2005 | International Distinguished Achievement Award | B’nai B’rith International |
2005 | Honorary Doctor of Science | University of Warwick. |
2006 | Honorary Doctor of Science | Indian Institute of Technology Madras |
2006 | Responsible Capitalism Award | For Inspiration and Recognition of Science and Technology (FIRST) |
2007 | Honorary Fellowship | The London School of Economics and Political Science |
2007 | Carnegie Medal of Philanthropy | Carnegie Endowment for International Peace |
2008 | Honorary Doctor of Law | University of Cambridge |
2008 | Honorary Doctor of Science | Indian Institute of Technology Bombay |
2008 | Honorary Doctor of Science | Indian Institute of Technology Kharagpur |
2008 | Honorary Citizen Award | Government of Singapore |
2008 | Honorary Fellowship | The Institution of Engineering and Technology |
2008 | Inspired Leadership Award | The Performance Theatre |
2009 | Honorary Knight Commander of the Order of the British Empire (KBE) | Queen Elizabeth II |
2009 | Life Time Contribution Award in Engineering for 2008 | Indian National Academy of Engineering |
2009 | Grand Officer of the Order of Merit of the Italian Republic | Government of Italy |
2010 | Honorary Doctor of Law | University of Cambridge |
2010 | Hadrian Award | World Monuments Fund |
2010 | Oslo Business for Peace award | Business for Peace Foundation |
2010 | Legend in Leadership Award | Yale University |
2010 | Honorary Doctor of Laws | Pepperdine University |
2010 | Business for Peace Award | Business for Peace Foundation |
2010 | Business Leader of the Year | The Asian Awards. |
2012 | Honorary Fellow | The Royal Academy of Engineering |
2012 | Doctor of Business honoris causa | University of New South Wales |
2012 | Grand Cordon of the Order of the Rising Sun | Government of Japan |
2013 | Foreign Associate | National Academy of Engineering |
2013 | Transformational Leader of the Decade | Indian Affairs India Leadership Conclave 2013 |
2013 | Ernst and Young Entrepreneur of the Year – Lifetime Achievement | Ernst & Young |
2013 | Honorary Doctor of Business Practice | Carnegie Mellon University |
2014 | Honorary Doctor of Business | Singapore Management University |
2014 | Sayaji Ratna Award | Baroda Management Association |
2014 | Honorary Knight Grand Cross of the Order of the British Empire (GBE) | Queen Elizabeth II |
2014 | Honorary Doctor of Laws | York University, Canada |
2015 | Honorary Doctor of Automotive Engineering | Clemson University |
2015 | Sayaji Ratna Award | Baroda Management Association, Honoris Causa, HEC Paris |
2016 | Commander of the Legion of Honour | Government of France |
2018 | Honorary Doctorate | Swansea University |
2021 | Assam Baibhav | Government 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.