Ratan Naval Tata aka Ratan Tata, a majestic Indian businessman, industrialist, chairperson, philanthropist and investor. Born on 28-12-1937 in Surat, Gujarat in a prominent family of Indian industrialists and philanthropists. The great-grandson of Jamsetji Tata, father Naval Tata and mother Sooni Tata.
Early childhood and Education:
He was born on December 28, 1937, in the diamond city of Surat, India to Naval and Sonoo. When he was 10, his parents separated, and he and his brother (Jimmy) were brought up by his grandmother Navajbai Tata. He received his education till 8th in Mumbai from Campion school while further, he did schooling from Cathedral and John ConnonSchool.
He earned a B.S in 1962 from Cornell University, Ithaca, Newyork. He was an alumnus of Harvard business school for the advanced management program that he completed in 1975.

Upon completing his education from Cornell University, he was honoured with a job in International Business Machine Corp. (IBM), but due to health issues of his grandmother, he declined and decided to return to India.
Upon returning India, the new chapter of his life began. He worked in Tata Ground, in 1962, with industrial workers in TISCO. After years of hard work and his dedication, he presented his capability as a worker of utmost efficiency. In 1971, he was made in-charge of National Radio and Electronic company LTD which was facing downfall issues. However, he faced a rough phase in life to recover the losses and turn it around. But his willpower, dedication and efforts saved the firm. Through his constant efforts and techniques pulled the company out of stress but the emergence of 1975 and poor economic condition, drove the company back to shut down.
Later he went to Harvard business school and learned in-depth about the Advanced management program.
In 1991, when India was facing a payment crisis, the event of Ratantata life started to shape. JRD Tata left many stunned and shocked as he announced Ratan Naval Tata as his successor. After two failures in previous occasions, a wave of happiness arrived, and he was made head of India’s most prominent business group.
Success Story:
Ratan Tata was successful in turning things positively as he took many bold decisions. He embraced new technologies that allured foreign investment which was in line with Liberalization and globalization reforms of 1992. Under his guidance, Tata motors got listed in New York stock exchange and got Internationally recognized. He successfully interpreted more business with Tata Consultancy and acquired card brands, Landrover and Jaguar.

He blended experience, technologies and methodologies that yielded benefit in achieving new heights to the business environment of India. Tata Tea acquired ‘Tetley’ from British tea maker aiming to improve the supply chain abroad. Keeping Indian middle-class market in mind, he launched brainchild car “Indica”, “Nano” as an affordable option for the average Indian. From Rolls Royce to Mitsubishi corporation, Tata was connected with all competitors in some or other way.
Final words:
Though the businessmen were concerned to earn a profit, it cannot be denied that he had a different approach. The industrialist, also known for philanthropic work with more of his 65% share, is invested in a charitable trust. His goal is to raise the quality of life of Indians and encourage human development.
With pragmatic skills, Ratan Tata net worth as per October 2020 is $1 billion. He is not only the richest person due to his magnanimity. He devoted a 65% share of Tata to a charitable organization.
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