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00:00Ratan Tata passes away at 86. What was his net worth?
00:09Passing of Ratan Tata, Ratan Tata, the esteemed industrialist and former chairman of Tata Sons,
00:15passed away at 86, eliciting heartfelt tributes from prominent figures nationwide.
00:23Impact and legacy. Tata greatly shaped India's business world
00:27and is known for his visionary leadership, generosity and dedication to helping society throughout his career.
00:36Net worth in 2020 to Ratan Tata's net worth was estimated at 3,800 rupees crore, ranking him 420,
00:45first on the evil wealth here in India rich list.
00:50Philanthropic focus. Tata's wealth largely supports charitable initiatives,
00:55with Tata Trusts donating 66% of earnings to education, healthcare and rural development projects across India.
01:06Investment in upstocks. He sold a 0.06% stake in upstocks for about $2 million,
01:13achieving a remarkable 20, 3, 0% return on his initial investment made eight years ago.
01:21Current stake in upstocks. After the sale, Tata retains a 1.27% ownership in upstocks,
01:28having initially invested in the company with a 1.33% stake.
01:35Investment strategy. Tata's partial sale of shares shows a plan to make money
01:41while keeping most of his investment in the successful trading platform.
01:45www.tata.com