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Ratan Tata Net Worth: Ratan Tata, the esteemed Indian industrialist and former chairman of Tata Sons, passed away at 86. His death has prompted an outpouring of grief and condolences from prominent figures across various sectors, including Prime Minister Narendra Modi, industrialist Anand Mahindra, and former cricketer Virender Sehwag. Tributes have flooded in, reflecting Tata's significant impact on India's business landscape and his philanthropist and visionary leader legacy.

Ratan Tata is well-known for his commercial understanding and hard work ethic. His net worth was estimated to be Rs 3,800 crore in 2022, placing him 421st on the IIFL Wealth Hurun India Rich List, up from 433rd the previous year (Rs 3,500 crore).

Let us have a detailed overview of Ratan Tata's net worth.

Overview Of Ratan Tata's Net Worth

Despite being an important player in one of India's greatest businesses, Tata's wealth is small when compared to his billionaire peers. Ratan Tata ranks 421st on the IIFL Wealth Hurun India Rich List of 2022, with an estimated net worth of Rs 3,800 crores. This is an increase over the previous year when he was rated 433rd with a net worth of Rs 3,500 crores.

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Ratan Tata's modest net worth is entirely due to his charity endeavors. The Tata Trusts, which own a large part in Tata Sons, donate 66 percent of their earnings to philanthropic causes like as education, healthcare, and rural development. This dedication to charity reflects Tata's beliefs and a long-standing history within the Tata Group of prioritising social responsibility over profit.

Ratan Tata sold a 0.06 percent interest in trading portal Upstox for roughly $2 million (Rs 18 crore). This deal represents an astounding 23,000% return on his initial investment made eight years ago. The announcement was issued on Thursday, just as Upstox was valued at $3.5 billion in 2022.

Ratan Tata's method of partially selling his shares attempts to generate profits while maintaining 95 percent of his initial investment in the firm. With the acquisition, he now owns 1.27 percent of Upstox. Tata first invested in Upstox in 2016, obtaining a 1.33 percent share; however, his investment was reduced to 0.9 percent after an equity transaction in September 2022.