Tata Group Former Chairman Ratan Tata passed away yesterday, October 9, at Breach Candy Hospital in Mumbai. He was 86 years old and was ill for a long time. There is an atmosphere of mourning in the entire country due to the demise of Ratan Tata. Ratan Tata, who delivered Tata products to every household in India, from rich to poor, never did business to become rich. There is no doubt that Ratan Tata earned immense money for the Tata Group, but he earned more respect than money.
Tata Group’s total market cap is $365 billion.
Jharkhand and Maharashtra governments had declared one-day state mourning in honor of Ratan Tata. Today Ratan Tata was given a final farewell with full state honors in Mumbai. According to the data of the year 2022, the total net worth of Ratan Tata was Rs 3800 crore. But as of March 31, 2024, the total market cap of Tata Group was $365 billion. Despite such a huge business empire, Ratan Tata was never counted in the list of the richest people in the world.
Donation of 102.4 billion dollars by 2021
Taking the legacy of Tata Group to new heights, Ratan Tata never did business to become rich but to make India a better country. You will be surprised to know that under the leadership of Ratan Tata, Tata Group had donated 102.4 billion dollars i.e. about Rs 85,99,09,12,00,000 by the year 2021 itself. This is mentioned in the 2021 EdelGive Hurun Philanthropists Of The Century report. This is such a huge amount that even today the net worth of many of the world’s leading billionaires would not be this much.
More than the net worth of 2766 billionaires around the world
According to Bloomberg, today i.e. on October 10, the total wealth of only 15 people in the whole world is more than 102 billion dollars. Whereas according to a report of August 2024, the total number of billionaires in the whole world was 2781. That means, even today, 2766 billionaires have not been able to create that much net worth of the amount that Tata Group had donated by 2021.
