Here is a Real Story of Ratan Tata

>

>

> So many people around the world want to know that "What is the Net

> Worth of Ratan Tata"?

>

> TATA Group is running 96 businesses and out of which 28 Companies

> are publically listed on the

> various stock exchanges.

> Tata Group is world's top 50 Group according to Market

> capitalization and Reputation.

>

> Have you ever thought why Ratan tata's name is not in the list of

> billionaire' s club? why Ratan Tata is not a billionaire on the

> Forbes magazine list of

> billionaire people of the world?

>

> The reason is that, TATA Group's 96 companies are held by its main

> Company "TATA Sons" and the

> main owner of this TATA Sons is not Ratan Tata but various

> charitable organizations developed and

> run by TATA Group.

>

> Out of which JRD TATA Trust & Sir Ratan Tata Trust are the main.

> 65% ownership of TATA Sons which

> is the key holding company of the other 96 TATA Group Company is

> held by various charitable

> organizations.

>

> So this 65% ownership ownership of Tatasons Limited is not

> reflected on Ratan Tata's personal

> Financial Statement but on the various charitable organizations.

> and this is the reason why Ratan

> Tata is not in the list of Billionaire club.

>

> 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 $ 70 billion. and

> that's much more than the Warren

> Buffet's Current Net Worth of $ 62 billion, the world's richest

> person according to Forbes

> magazine 2008.

>

>

> However, it doesn't mean that Ratan Tata is poor. In one

> interviews he had told the reporter

> that, "I have my own Capital". He is the chairman of Tata Group so

> obviously he earns lots of

> money every year as a bonus, remuneration and salary. However,

> Ratan Tata's Net worth is not $ 1

> Billion.

>

> He is not a billionaire on paper. but in reality he is the richest

> person of the world. His net worth in reality is more than Bill

> Gates and Warren Buffet.

>

> SO the good thing about Tata Group is that, They do Charity out of

> their Money...

>

> And that is the reason TATA Group has generated so much of

> Goodwill over last 5 generations.