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 capitalisation and Reputation.
Have you ever think that why Ratan tata's name is not in the list of billionaire's club? why Ratann 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 holded 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 other 96 TATA Group Company is hold 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 than Ratana Tata's Net worth can become mopre than $ 70 billion. and thats much more than the Warren Buffet's Current Net Worth of $ 62 billion, the world's richest person according to Forbes magazine 2008.
So the real story of Ratan Tata is that, he is probably world's richest person and not Warren Buffet but the thing is that, this 65% ownership of TATA Sons is hold by various Tata Group Charitable Organizations and not by Ratan Tata himself.
However, it doesn't mean that Ratan Tata is poor. In one intervies he had told the reporter that, "I have my own Capital". He is the chairman of Tata Group so obviously he erans 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 Gtes and Warren Buffet.
SO the good thing about Tata Group is that, They do CHarity out of their Money...
And that is the reson TATA Group has genereted so much of GoodWill over last 5 generations....