Famous businessman and billionaire Ratan Tata passed away on Wednesday evening. He was admitted to a hospital in Mumbai due to age-related health issues, where he died during treatment. The former chairman of Tata Sons breathed his last at the age of 86. On October 7, he was also taken to the hospital, but he issued a statement saying that his health was fine. But on 9 October 2024 he said goodbye to the world. Let us know how much wealth Ratan Tata has (Ratan Tata Net Worth) and what he has left behind.
Took command of the group from 1991 to 2012:
By Wednesday evening, a piece of bad news came for the country, due to which there was a wave of mourning. Famous industrialist Ratan Tata died at the age of 86 at Breach Candy Hospital in Mumbai. Ratan Tata is counted in the list of most successful businessmen. Under his leadership, Tata Group made a splash not only in the country but in the whole world. Ratan Tata took command of the group in 1991 and remained the chairman of the company till 2012.
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Ratan Tata left behind so much wealth:
Tata Group’s business is spread all over the world and its name is present from the kitchen of the house to the airplanes in the sky. The group consists of more than 100 listed and unlisted companies and has a total turnover of approximately $300 billion. Talking about the wealth of late Ratan Tata (Ratan Tata Net Worth), according to reports, India’s ‘Ratan’ has left behind an estimated wealth of around Rs 3800 crore.
A large portion of the income went to charity:
Born on 28 December 1937, this figure of Ratan Tata’s wealth may seem less considering his worldwide business. If we talk about the reason behind this, a large part of his earnings was spent on money. Ratan Tata was known for his generosity and was one of the country’s top philanthropists, Who donated a large part of his income to Tata Trust. These donations contribute 66% of the total earnings made by the firms under the Tata Trust holding company.
Tata was helpful to everyone:
Be it the tsunami of 2004 or the outbreak of Corona epidemic in the country, Ratan Tata was at the forefront to help in every crisis. He was always ahead not only for social work but also to help the students suffering from financial crises. His trust gives scholarships to such students. Such students should get J.N. Assistance provided through the Tata Endowment, Sir Ratan Tata Scholarship, and Tata Scholarship.