The Chairman Emeritus of the Tata Group, Ratan Tata, may have a staggering net worth of over Rs 3800 crore, yet he is regarded as a humble individual. The well-known philanthropist and businessman is quite active on social media and doesn’t mind being in the spotlight. But Jimmy Naval Tata, the younger brother of Ratan Tata, has spent his whole life mostly hidden from the public eye.
Even though Jimmy Tata avoids the spotlight and the media, he still holds a unique but sometimes overlooked role inside the Tata Group.
He owns a significant amount of the company’s shares, but has always been known to lead a quiet life and show little interest in the business.
Jimmy Tata is the second child of Naval Tata and Sooni Commissariat, Naval Tata’s first wife.
In 2023, Ratan posted a flashback image of himself and Jimmy from 1945 on Instagram.
His caption read, “Those were happy days. Nothing came between us. (1945 with my brother Jimmy)”
View this post on Instagram
Several reports claim that he doesn’t even possess a mobile, doesn’t travel much, and prefers to read books and newspapers to remain current on international events. According to Indiatimes, he hardly ever leaves his home.
A TOI report stated that the apartment is situated on the sixth floor of Hampton Court in Colaba.
Billionaire and philanthropist Harsh Goenka stated in a 2022 post that Jimmy Tata owns a modest apartment and is uninterested in the family company. Not only that, he claimed that Jimmy Tata used to be a better squash player than Harsh Goenka and would consistently defeat him.
Did you know of Ratan Tata’s younger brother Jimmy Tata who lives a quiet reticent life in a humble 2 bhk flat in Colaba, Mumbai! Never interested in business, he was a very good squash player and would beat me every time.Low profile like the Tata group! pic.twitter.com/hkp2sHQVKq— Harsh Goenka (@hvgoenka) January 19, 2022
Jimmy Tata reportedly holds significant shares in a number of Tata Group businesses.
Tata Motors, Indian Hotels, TCS, Tata Chemicals, Tata Steel, and Tata Sons are all included in this.
Jimmy Tata serves as a trustee of the Sir Ratan Tata Trust.
He acquired this post after his father, Naval Tata, died in 1989, in line with his will.
When it comes to business advancements inside the Tata Group, Jimmy is reported to be a knowledgeable and actively participating member.
Jimmy Tata began his career with the Tata Group, namely in the textile business, working under his father.
Comments
0 comment