Age, Biography and Wiki

Ratan Tata (Ratan Naval Tata) was born on 28 December, 1937 in Bombay, Bombay Presidency, British India. Discover Ratan Tata's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 86 years old?

Popular As Ratan Naval Tata
Occupation Industrialist, Philanthropist
Age 86 years old
Zodiac Sign Capricorn
Born 28 December 1937
Birthday 28 December
Birthplace Lakhanmau, Mainpuri, British India
Nationality India

We recommend you to check the complete list of Famous People born on 28 December. He is a member of famous with the age 86 years old group.

Ratan Tata Height, Weight & Measurements

At 86 years old, Ratan Tata height not available right now. We will update Ratan Tata's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Naval Tata
Wife Not Available
Sibling Not Available
Children Not Available

Ratan Tata Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Ratan Tata worth at the age of 86 years old? Ratan Tata’s income source is mostly from being a successful . He is from India. We have estimated Ratan Tata's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income

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Timeline

2018

Tata Hall at the University of California, San Diego (UC San Diego), opened in November 2018, houses facilities for the biological and physical sciences and is the home of the Tata Institute for Genetics and Society. The Tata Institute for Genetics and Society is a bi-national institution that coordinates research between UC San Diego and research operations in India to assist in societal and infrastructure development in the area of combating vector-borne diseases. Tata Hall is named in recognition of a generous $70 million gift from Tata Trusts.

Mega Icons (2018–2020), an Indian documentary television series on National Geographic about prominent Indian personalities, dedicated an episode to Ratan Tata's contributions.

2017

In October 2016, Tata Sons removed Cyrus Mistry as its chairman, nearly 4 years after he took over the reins of the over $100 billion conglomerate, Ratan Tata made a comeback, taking over the company's interim boss for 4 months. On 12 January 2017, Natarajan Chandrasekaran was named as the chairman of Tata Sons, a role he assumed in February 2017.

2016

Tata has also invested in multiple companies with his own wealth. He has invested in Snapdeal – one of India's leading e-commerce websites. In January 2016, he invested in Teabox, an online premium Indian Tea seller, and CashKaro.com, a discount coupons and cash-back website. He has made small investments in both early and late stage companies in India, such as INR 0.95 Cr in Ola Cabs. In April 2015, it was reported that Tata had acquired a stake in Chinese smartphone startup Xiaomi. In 2016, he invested in Nestaway an online real-estate portal that later acquired Zenify to start the online real-estate and pet-care portal, Dogspot. Tata also launched India's companionship startup for senior citizens, Goodfellows, in a bid to encourage intergenerational friendships."

2015

In February 2015, Ratan took an advisory role at Kalari Capital, a venture capital firm founded by Vani Kola.

2014

In 2014, Tata Group endowed the Indian Institute of Technology, Bombay and formed the Tata Center for Technology and Design (TCTD) to develop design and engineering principles suited to the needs of people and communities with limited resources. They gave ₹950 million to the institute which was the largest ever donation received in its history.

Tata Trusts under the Chairmanship of Ratan Tata provided a grant of ₹750 million to the Centre for Neuroscience, Indian Institute of Science to study mechanisms underlying the cause of Alzheimer's disease and to evolve methods for its early diagnosis and treatment. This grant was to be spread over 5 years starting in 2014.

2013

In 2013, he was appointed to the board of trustees of the Carnegie Endowment for International Peace.

2012

Upon turning 75, Ratan Tata resigned his executive powers in the Tata group on 28 December 2012. An ensuing leadership crisis over his succession drew intense media scrutiny. The board of directors and legal division of the company refused to appoint his successor, Cyrus Mistry, a relative of Tata and the son of Pallonji Mistry of the Shapoorji Pallonji Group, which was the largest individual shareholder of the Tata group. On 24 October 2016, Cyrus Mistry was removed as chairman of Tata Sons, and Ratan Tata was made interim chairman. A selection committee, which included Tata as a member, was formed to find a successor. On 12 January 2017, Natarajan Chandrasekaran was named as the chairman of Tata Sons, a role he assumed in February 2017. In February 2017, Mistry was removed as a director for Tata Sons. The National Company Law Appellate Tribunal later found in December 2019 that the removal of Cyrus Mistry as the chairman of Tata Sons was illegal, and ordered that he be reinstated. On appeal, India's Supreme Court upheld the dismissal of Cyrus Mistry.

2011

Tata has never married and has no children. In 2011, Ratan Tata stated, "I came close to getting married four times and each time I backed off in fear or for one reason or another."

2010

In 2010, Tata Group companies and Tata charities donated $50 million for the construction of an executive center at Harvard Business School (HBS). The executive center has been named Tata Hall, after Ratan Tata (AMP '75), chairman emeritus of Tata Sons. The total construction costs have been estimated at $100 million. Tata Hall is located in the northeast corner of the HBS campus, and is devoted to the Harvard Business School's mid-career Executive Education program. It is seven stories tall, and about 155,000 gross square feet. It houses approximately 180 bedrooms, in addition to academic and multi-purpose spaces.

2006

He is also a member of the Harvard Business School India Advisory Board (IAB) since 2006 and previously a member of the Harvard Business School Asia-Pacific Advisory Board (APAB) 2001–2006.

2000

Ratan Tata received the Padma Bhushan in 2000 and Padma Vibhushan in 2008, the third and second highest civilian honours awarded by the Government of India. Along with national civilian honours, Tata has also received various state civilian honours like 'Maharashtra Bhushan' in 2006 for his huge work in the public administration in Maharashtra and 'Assam Baibhav' in 2021 for his exceptional contribution towards furthering cancer care in Assam.

1975

He is the son of Naval Tata, who was adopted by Ratanji Tata, son of Jamsetji Tata, the founder of the Tata Group. He graduated from the Cornell University College of Architecture with a bachelor's degree in architecture, and the Harvard Business School through a management course he completed in 1975. He joined Tata in 1961, where he worked on the shop floor of Tata Steel. He later succeeded J. R. D. Tata's as chairman of Tata Sons upon the latter's retirement in 1991. Under his tenure the Tata Group acquired Tetley, Jaguar Land Rover, and Corus, in an attempt to turn Tata from a largely India-centric group into a global business. Tata is also one of the largest philanthropists in the world, having donated around 60–65% of his income to charity.

1970

In the 1970s, Tata was given a managerial position in the Tata group. He achieved initial success by turning the subsidiary National Radio and Electronics (NELCO) around, only to see it collapse during an economic slowdown. In 1991, J. R. D. Tata stepped down as chairman of Tata Sons, naming him his successor. Initially, Tata faced stiff resistance from the heads of various subsidiaries, who had a large amount of operational freedom under the senior Tata's tenure. In response, Tata implemented a number of policies designed to consolidate power, including the implementation of a retirement age, having subsidiaries report directly to the group office, and requiring subsidiaries to contribute their profit to building the Tata group brand. Tata prioritised innovation and delegated many responsibilities to younger talent. Under his leadership, overlapping operations between subsidiaries were streamlined into company-wide operations, with the group exiting unrelated businesses to take on globalisation.

1955

He studied at the Campion School, Mumbai till the 8th class. After which, he studied at the Cathedral and John Connon School in Mumbai, the Bishop Cotton School in Shimla, and the Riverdale Country School in New York City, which he graduated from in 1955. After graduating from high school, Tata enrolled in Cornell University, from which he graduated with a bachelor's degree in architecture in 1959. In 1975, he attended the seven-week Advanced Management Program of Harvard Business School, an institution which he has since endowed.

1937

Sir Ratan Naval Tata GBE OMRI FREng (born 28 December 1937) is an Indian industrialist and former chairman of Tata Sons. He was also the chairman of the Tata Group from 1990 to 2012, serving also as interim chairman from October 2016 through February 2017. He continues to head its charitable trusts. In 2008, he received the Padma Vibhushan, the second highest civilian honour in India, after receiving the Padma Bhushan, the third highest civilian honour in 2000.

Ratan Tata was born in Bombay, now Mumbai, during the British Raj, on 28 December 1937. He is the son of Naval Tata, who was born in Surat and later adopted into the Tata family, and Sooni Tata, the niece of Tata group founder Jamsetji Tata. Tata's biological grandfather, Hormusji Tata, was a member of the Tata family by blood. In 1948, when Tata was 10, his parents separated, and he was subsequently raised and adopted by Navajbai Tata, his grandmother and widow of Ratanji Tata. He has a younger brother Jimmy Tata and a half-brother, Noel Tata, from Naval Tata's second marriage with Simone Tata, with whom he was raised. His first language is Gujarati.