Ratan Tata: Ratan Tata’s stepbrother, Noel Tata, has finally got the fruits of his years of hard work. He had once missed out on becoming the chairman of Tata Sons. However, this time, he was chosen as the successor of Ratan Tata and became the new chairman of Tata Trusts. With his hard work, he has been recognized by the Tata Group worldwide. His net worth is around $ 1.5 billion (Rs 12,455 crore).
Noel Tata Said – Will Carry Forward Ratan Tata’s Work
Noel Tata, the chairman of Tata Trent and Tata International, said after being elected as the chairman of Tata Trusts, I felt very honoured. I have been entrusted with a huge responsibility. We must carry forward the tradition and honour of the late Ratan Tata and the Tata Group with full responsibility. Tata Trusts has done excellent work for the service of society for more than 100 years. We will continue to work with great enthusiasm in the future as well. We will continue contributing to nation-building, development and promotion of new experiments.
Brought Tata International and Trent To Growth
Noel Tata was born in 1957. He proved his business ability and was always considered Ratan Tata’s successor. Noel Tata, son of Naval Tata and Simone Tata, studied at Britain’s Sussex University. After this, he studied at France’s prestigious business school, INSEAD. Due to this, he was given the responsibility of Tata International. In June 1999, he was made the MD of Tata Group’s retail company Trent, which runs a successful business under Westside.
Noel Tata Is The Son-In-Law Of Pallonji Mistry
In 2003, he was included on the Titan Industries and Voltas board. But, in 2011, the command of Tata Sons was handed over to Cyrus Mistry, brother of his wife Aloo Mistry, who was removed in 2016, and Ratan Tata again became the interim chairman. Aloo Mistry is the wife of famous businessman Pallonji Mistry. Amidst these developments, Noel Tata quietly kept doing his work. He kept getting new responsibilities.
His Net Worth Is Around 1.5 Billion Dollars
Noel Tata and Aloo Mistry have three children: Maya, Neville, and Leah. All of them are getting ready to take on responsibilities in the Tata Group. Noel Tata is an Irish citizen. According to media reports, his net worth is 1.5 billion dollars. Trent became the fifth company of the Tata Group to achieve a market cap of Rs 1 lakh crore last year. In 2022, Trent’s net profit was Rs 554 crore.
