Ratan Tata, former chairman of Tata Group, passed away at 86, leaving behind an enormous legacy, not just in business but in philanthropy. He died in Mumbai’s Breach Candy Hospital, and his death has triggered an outpouring of grief and tributes from global leaders.
Net Worth: Rs 3800 Crore
Despite managing a conglomerate spread across six continents and over 100 countries, Ratan Tata’s personal wealth remained modest compared to his business empire. According to the 2022 Hurun India Rich List, his net worth was Rs 3,800 crore. He ranked 421st among the world’s richest individuals, but his focus was never on personal wealth.
Salary and Investments
As the former chairman of Tata Group, Ratan Tata earned an annual salary of Rs 2.5 crore. In addition to this, his income included dividends from his small personal shareholding in Tata Sons. Much of his earnings were invested in charitable activities and startups like Paytm and Ola. His lifestyle remained simple, reflecting his belief in modesty and service to society.
Major Part of Wealth Given to Tata Trust
Ratan Tata was deeply committed to philanthropy. He transferred a significant portion of his wealth to Tata Trust, which controls two-thirds of Tata Sons. About 60% of the dividends from Tata Sons are directed toward charitable initiatives. Under his guidance, Tata Trust established 10 cancer care centers in states like Assam, Jharkhand, and Karnataka, making quality treatment accessible to the underprivileged.
Ratan Tata’s life stands as a testament to balancing wealth with responsibility, and his contributions continue to impact millions across the globe.
