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Fw: Ratan Tata

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  • Mukul Chaudhri
    ... From: rp singh To: Maheshwar Sen ; manish srivastava Sent: Friday, May 01, 2009 11:01 PM Subject: FW: Ratan Tata ... Date: Sat, 25 Apr 2009 10:13:48 +0000
    Message 1 of 1 , May 1, 2009
      ----- Original Message -----
      From: rp singh
      Sent: Friday, May 01, 2009 11:01 PM
      Subject: FW: Ratan Tata


      Date: Sat, 25 Apr 2009 10:13:48 +0000
      To: aadityatiwari@...
      Subject: Ratan Tata
      From: haria420@...

      > Here is a Real Story of Ratan Tata.
      > So many people around the world want to know, "What is
      > the Net Worth of Ratan Tata"?
      > TATA Group is running 96 businesses and out of which 28
      > Companies are publicly listed on 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 Companies 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.

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