We often talk about how wealth corrupts the rich. Ratan Tata, an Indian industrialist, investor, and philanthropist, is an exception to the conception.
Though he was born with a silver spoon, he didn’t live the most pleasant childhood. His parents were separated when he was only ten and later grew up in a rigorous environment with his grandmother.
Even after inheriting the Tata group, things didn’t go the best for him. After becoming chairman, Tata had to deal with the mundane strategies and lay a completely different set of visions.
“Power and wealth are not two of my main stakes”
Even though Tata’s plans were different, things didn’t always go in his favour. His investment in the passenger car business was a loss. So, he decided to sell it to the renowned Ford company. When he and his team went to make the deal in 1999, the company heads badly insulted Tata for his strategies. But unlike many others, rather than backing down, he fueled with determination and worked tirelessly for his company. Nine years later, Tata took this sweet revenge by buying the collapsing Jaguar and Land Rover brand from Ford itself. Today, the Tata group owns approximately 100 companies, making it one of the world’s largest companies.
Ratan Tata was born in Surat, India, in 1937. He studied at Cornell University and the prestigious Harvard School of Bussiness. Ratan is one of the most charitable industrialists of our time. He donates millions into research and development annually.