Ratan Tata Biography: Birth, Age, Education, Family, Successor, Net Worth, Awards, Lessons, and More

Ratan Tata Biography: Ratan Tata was a great Business Tycoon, philanthropist and a great Human Being. He was the former Chairman of Tata Groups and present chairman of Tata Emeritus; he was born to Naval Tata and Sooni Tata on 28 December 1937 in Mumbai, Maharashtra, India. Tata was awarded with Padma Bhushan (2000) and Padma Vibhushan (2008). He passed away on 9th October 2024. 

Ratan Tata

Ratan Tata’s father Naval Tata was an adopted son of Ratanji Tata, Naval Tata and Sooni Tata got separated when Ratan Tata was 10 years old, later he was adapted and raied by her grandmother Navajbai Tata, he has two brothers Jimmy Tata and Noel Tata (boen to second wife of Naval Tata), Ratan Tata wen to Campion School, Mumbai up to his 8th standard later he studied at Cathedral and John Connon School in Mumbai, the Bishop Cotton School in Shimla and after that he went to Riverdale Country School in New York City for his high school, later he attended Cornell University and completed his graduation in architecture in 1959.

After completing his education he joined Tata groups at a managerial position at Tata Motors in 1962, later in the year 1971 he was made director of NELCO, in the year 1991 after JRD Tata resigning as chairman of Tata Groups Ratan Tata was appointed as Chairman of the Tata Group, under his leadership Tata Group has seen a revolutionary changes both economically and making company outstanding at an International level, companies revenue was seen a growth of 40% and company acquired global companies like Tetly, Jaguar Land Rover, and Corus under his regime, he launched Tata Nano a People’s Car with a vision of making middle class peoples dream of buying a car comes true with a budget of Rs.100000/-, at his age of 75 he resigned as chairman of Tata Group on 28 December 2012 after him Cyrus Mistry was made the Chairman of the group but due to opposition from the several board members he was removed and made Ratan Tata as an interim chairman from 24 October 2016 to 12 January 2017, during the period a committee was made to elect the next chairperson in their decision Natarajan Chandrasekaran was made next Chairman of Tata Groups, Ratan Tata supported many startup’s he invested in many small companies like snapdeal, Teabox, cashkaro, Olacabs and many.

Ratan Tata being a philanthropist donated 65% of his shares to charitable trusts. Tata group given a fund of $28 million for Cornell University to provide scholarship to the students as a financial aid towards their education. Tata trust group given a fund of $50 million as a donation towards construction of executive center at Harvard Business School (HBS). Tata Group gave ₹950 million to Indian Institute of Technology, Bombay to construct Tata Center for Technology and Design (TCTD), Tata trust provided a grant of ₹750 million to study mechanisms underlying the cause of Alzheimer’s disease and to evolve methods for its early diagnosis and treatment for Centre for Neuroscience, Indian Institute of Science and many donations were made for wellbeing of humanity as Ratan Tata was a great supporter of education, rural development and medicine.

Ratan Tata Love Story

Ratan Tata was never married but he had a love story while he was in Los Angles he fell in love with a girl but due to some emergency he left to India, h couldn’t went back to Los Angles because of Indo-China war, her parents refused her to fly to India and married to some other person.

Acquisitions made by Tata Group

Acquisition of Tetley Tea (2000)

Acquisition of Corus Steel (2007)

Acquisition of Jaguar Land Rover (JLR) (2008)

Acquisition of Daewoo Commercial Vehicles (2004)

Acquisition of NatSteel (2004)

Acquisition of The Ritz-Carlton Boston Hotel (2006)

Joint Venture with Starbucks to establish Starbuck outlet in India (2012)

Acquisition of Brunner Mond – UK-based soda ash producer (2006)

Acquisition of BigBasket (2021)

Acquisition of 1MG (2021)

Reacquisition of Air India (2022)

The airline was founded by J.R.D. Tata as Tata Airlines in 1932 later it was nationalized in 1953 and named as Air India, later Air India ran into debts and govt decided to privatize the airline’s, Tata Group won the bid and paid Rs.18000 crores to the government and brought 100 % shares of Air India

Ratan Tata Biography Facts

NameRatan Tata
Other Name 
OccupationBusinessman, Industrialist, philanthropist
GenderMale
Date of Birth28 December 1937
FatherNaval Tata
MotherSooni Tata
Birth PlaceMumbai, India
SiblingsJimmy Tata and Noel Tata
Marital statusUn-Married
Age86
EducationBArch
Nationality (Country)Indian
ReligionHindu
Died on9 October 2024
Net worthRs.16,448 crores
AwardsPadma Bhushan (2000), Padma Vibhushan (2008), Medal of the Oriental Republic of Uruguay (Govt. of Uruguay (2004)), Award of ‘Grand Officer’ of the Order of Merit of the Italian Republic (Government of Italy (2009)) Honorary Knight Grand Cross of The Order of the British Empire (2014).

Ratan Tata Social Media Profiles

Instagramratantata
Facebookratantata.aks
TwitterRNTata2000
WikipediaRatan_Tata

Ratan Tata Wife

“I came close to getting married four times and each time I backed off in fear or for one reason or another,” said Ratan Tata in 2011.

He once loved a girl in Los Angeles while working there and had to return to India as his family member was ill. The girl’s parents didn’t allow her to go to India. Tata stood by his commitment and is unmarried to date.Ratan Tata Family Tree
1- Jamshedji Nusserwanji Tata- Founder of Tata Group, India’s biggest conglomerate company. He was married to Hirabai Daboo.

2- Dorabji Tata- The elder son of Jamshedji Tata and second chairperson of the Tata Group. His wife was Meherbai Tata, the paternal aunt of renowned nuclear scientist Homi J. Bhabha.

3- Ratanji Tata- The younger son of Jamshedji Tata. He was the pioneer of poverty studies. He was married to Navajbai Tata. His wife adopted an orphan, Naval, the grand-nephew of Hirabai Tata, and raised him as her son.

4- Naval Tata- Adopted son of Navajbai Tata. His biological father was Hormusji Tata. His maternal grandmother was the sister of Hirabai Tata. Director in several Tata companies, ILO member, and recipient of Padma Bhushan, Naval Tata had three sons– Ratan Tata (5th chairperson of Tata Group), Jimmy Tata, and Noel Tata (Chairperson of Trent Limited)– from two marriages.

Ratan Tata Family Tree

1- Jamshedji Nusserwanji Tata- Founder of Tata Group, India’s biggest conglomerate company. He was married to Hirabai Daboo.

2- Dorabji Tata- The elder son of Jamshedji Tata and second chairperson of the Tata Group. His wife was Meherbai Tata, the paternal aunt of renowned nuclear scientist Homi J. Bhabha.

3- Ratanji Tata- The younger son of Jamshedji Tata. He was the pioneer of poverty studies. He was married to Navajbai Tata. His wife adopted an orphan, Naval, the grand-nephew of Hirabai Tata, and raised him as her son.

4- Naval Tata- Adopted son of Navajbai Tata. His biological father was Hormusji Tata. His maternal grandmother was the sister of Hirabai Tata. Director in several Tata companies, ILO member, and recipient of Padma Bhushan, Naval Tata had three sons– Ratan Tata (5th chairperson of Tata Group), Jimmy Tata, and Noel Tata (Chairperson of Trent Limited)– from two marriages.

5-Ratanji Dadabhoy Tata- He served the Tata Group as an early stalwart. His father Dadabhoy and his mother Jamshedji Tata, Jeevanbai, were siblings. He married Suzanne Brière and the couple gave birth to five children, including J.R.D. Tata and Sylla Tata.

6- J.R.D. Tata- He served as the fourth Chairperson of the Tata Group. He is the founder of Tata Airlines (later Air India).

7- Sylla Tata- Elder sister of J.R.D. Tata was married to the founder of the first textile mill in India, Dinshaw Maneckji Petit. Her sister-in-law  Rattanbai Petit, was married to Muhammad Ali Jinnah, the founder of Pakistan. Jinnah’s only child, Dina Jinnah, was married to Neville Ness Wadia.

Famous Quotes By Ratan Tata

1- “I don’t believe in taking the right decisions. I take decisions and then make them right.”

2- “If you want to walk fast, walk alone. But if you want to walk far, walk together.”

3- “I’ve often felt that the Indian Tiger has not been unleashed.”

4- “People still believe what they read is necessarily the truth.”

5-  “If it stands the test of public scrutiny, do it… If it doesn’t stand the test of public scrutiny then don’t do it.”

6- “Power and wealth are not two of my main stakes.”

7- “I have been constantly telling people to encourage people, to question the unquestioned, and not to be ashamed to bring up new ideas, new processes to get things done.”

8- “None can destroy iron, but its own rust can! Likewise, none can destroy a person, but its own mindset can!”

9- “Businesses need to go beyond the interest of their companies to the communities they serve.”

10- “Ups and downs in life are very important to keep us going because a straight line even in an ECG means we are not alive.”

11- “Apart from values and ethics which I have tried to live by, the legacy I would like to leave behind is a very simple one – that I have always stood up for what I consider to be the right thing, and I have tried to be as fair and equitable as I could be.”

12- “I admire people who are very successful. But if that success has been achieved through too much ruthlessness, then I may admire that person, but I can’t respect him.”

13- “There are many things that, if I have to relive, maybe I will do it another way. But I would not like to look back and think what I have not been able to.”

14- “Don’t be serious, enjoy life as it comes.”

15- “I have always been very confident and very upbeat about the future potential of India. I think it is a great country with great potential.”

16- “One hundred years from now, I expect the Tatas to be much bigger than it is now. More importantly, I hope the Group comes to be regarded as being the best in India.. best in the manner in which we operate, best in the products we deliver, and our best in our value systems and ethics. Having said that, I hope that a hundred years from now we will spread our wings far beyond India.”

17- “Take the stones people to throw at you, and use them to build a monument”

18- “I followed someone who had very large shoes. He had very large shoes. Mr. J. R. D. Tata. He was a legend in the Indian business community. He had been at the helm of the Tata organization for 50 years. You were almost starting to think he was going to be there forever.”

19- “Young entrepreneurs will make a difference in the Indian ecosystem.”

20- “I would say that one of the things I wish I could do differently would be to be more outgoing.”

21- “The strong live and the weak die. There is some bloodshed, and out of it emerges a much leaner industry, which tends to survive.”

22- “At Tatas, we believe that if we are not among the top three in an industry, we should look seriously at what it would take to become one of the top three players.. or think about exiting the industry”.

Ratan Tata Death

His death occurred at Breach Candy Hospital in Mumbai, where he had been admitted due to a sudden drop in blood pressure. Initially, he had reassured the public about his health on October 7, stating he was undergoing routine check-ups related to age but later deteriorated and was moved to the ICU. Tributes have poured in from various quarters, with industrialist Harsh Goenka expressing his condolences on social media, describing Tata as a “beacon of integrity” and acknowledging his profound impact on both business and society.

Ratan Tata had recently addressed health speculations, stating that he was undergoing routine medical investigations due to his age. This news marks a significant moment in Indian industry, as Ratan Tata was not only a key figure in the growth of the Tata Group but also a respected philanthropist known for his ethical leadership and commitment to social causes.

Sand Art Tribute to Ratan Tata

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