Ratan Tata Personal Life
Let us today discuss something about the personal life of great Indian Entrepreneur Ratan Tata, The Chairman of TATA Group.
Mr. Ratan Tata has a metallic blue Maserati and Ferrari California but prefers to drive himself in an old model mercedes sedan much like JRD who seldom used a chauffeur and drove his own Fiat to and from work.
He sometimes likes to fly his private jet himself. He has an outdated Falcon Jet, which is no longer used for commercial aviation.
He has never been married.
Photo: Ratan Tata with his Dog
Photo: Ratan Tata with his 2 Alsatian Dogs – Tango & Tito
Ratan Tata Loves Dogs. His Dogs names are Tango & Tito.
Ratan Tata is largely an employee Chairman / CEO of the group and most his own holding in Tata Sons, the holding company of the group, is a result of inherited family shareholding. His share is or a little less than 1%, valuing his personal holding at approximately US$ 1 Billion, if encashed.
About 66% of the equity capital of Tata Sons is held by philanthropic trusts endowed by members of the original Jameshedji family and the largest share is with the Shapoorji Pallonji Mistry family aligned originally to Jamshetji's brother in law. The biggest two of the owning trusts are the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust (different Ratan Tata), which were created by the families of the sons of Jamshedji Tata. Ratan Tata is on the board of trustees of the Sir Ratan Tata Trust, and is the chairman of the board of trustees of the Sir Dorabji Tata Trust. Sir Ratan Tata is also best known for the face behind changing India's automotive industry into global climate change era.