Blog By fatema | 20-02-18
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Ratan Tata is possibly one of the biggest businessman in the world. The man is an absolute inspiration for everyone around. His humility has garnered him a lot of praises from different parts of the world.
In spite of being so rich, the man doesn't appear in the list of the richest people in the world. Ever wondered why?
The richest man in the world right now is Jeff Bezos. Then comes warren Buffet followed by Bill gates and FB founder Mark. But Ratan Tata's Tata Group Of India is making a lot of money as well
The combined market capitalization Of the Tata Group of India is about $130 billion. So why doesn't he shows up in the list of richest people in the world?
Forbes once did an article on this mystery. If we put this 65% ownership of Tata Sons in Ratan TATA's own personal financial statement then Ratan Tata's Net worth can become more than $85 billion which will make him one of the 5 richest people on the planet.
Yes, 65% of the family's and the company's fortune is given away as charity. Yes! you read that right. Thus, any profit made by the company never gets added in Ratan Tata’s personal financial statement and goes straight to charitable organisations.
The man is indeed an inspiration for everyone. I mean, how many of us would even think of doing something like this in our lifetime? Respect for you sir.