Reason Why Ratan Tata not in World's Richest Person List Even Richest than Bill Gates

Jeff Bezos, Bill Gates and Warren Buffet are the names among the top richest person of the planet. Their Individual net worth is more than $80 Billion. But you will surprise to know that one of the Group pioneer making more money than the top richest person which none other than the former chairman of TATA Group, Mr. Ratan Tata. Business vertical of TATA Group includes Steel, Automotive, Information Technology, Consumer & Retailer, Infrastructure and financial services, Aerospace & Defense, Telecom, Media, Tourism and Investment etc. Tanisq, Taj Vivanta, Voltas, Jaguar, Tata Nexon, Tata Cliq, Taj Hotels, Croma, Range Rover, Vistara, Air Asia, Tata Tea, Titan, fast-track etc. are some of the brands of the TATA Group.

Tata Group is having more than 90 entities out of which around 29 business companies are public listed on BSE & NSE. Have you ever wonder even Ratan Tata has a huge business network and earning despite, his name was not in the list of Top Billionaires. The reason behind is that 66% earning of Tata Group is given away as a charity. Tata Sons Pvt. Ltd. is the principal holding Company and promoters of the Tata Group Companies. 66% of the equity share capital of Tata Son is held by Trusts which social welfare activities such as education, health, livelihood generation, art, and culture. The net worth of business icon Mr. Ratan Tata is nearly $ 1 Billion. But if we consider the 66% income into the account of Mr. Ratan Tata account, their Individual net worth will be around $ 80 Billion and then their name will be among the top Billionaire of the World.

Why Ratan Tata not in world's Richest Person List

Mr. Ratan Tata son of Naval Tata, was born on 28th December 1937, whom Navajbhai Tata adopted from Parshi Orphanage. He stands as Chairman of Tata Group in 1991. After the joining of Mr. Ratan Tata, the Revenue and Profit of Tata Group is increased by 40% & 50% respectively. The Management of the Group taken care about the wellness of the employees. After Taj Hotel incidence, The Tata Group has taken care of their employee by paying regular even the hotel was dysfunctional. The Group has even paid to police staff, market vendors, shopkeepers, Railway employees, and the pedestrian too.

Why Ratan Tata not in Richest Person list

The amazing thing is that Tata Group is doing charity activities out of earning of the group. Due to which they have earned a good reputation, name and frame over the 5 generation. Some of the Institute of the Group, work for social welfare are Tata Memorial Hospital, Tata Cancer Hospital, Various Spot Academy, Management Training Centre, Technology & Design Institute etc.

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