weather_iconDublin | 6.78 °C | AQI 34
Thursday, 19 December, 2024

---Advertisement---

Trending

Ever Heard Of Jimmy Tata? Ratan Tata’s Brother Who Lives In 2BHK, Owns No Phone

Ratan Tata, renowned for leading Tata Group, succeeded J.R.D. Tata. His brother Jimmy Tata, less known, holds significant shares in Tata Sons. Jimmy leads a modest life despite considerable wealth.

Who is Jimmy Tata
Jimmy Tata with Ratan Tata

Ratan Tata is a household name in India, known for his leadership of the Tata Group from 1990 to 2012. After J.R.D. Tata, who led the group for over 50 years, chose Ratan Tata as his successor, he became even more prominent. However, not many are aware of Ratan Tata’s younger half-brother, Jimmy Tata. Jimmy bears a strong resemblance to Ratan but lives a much more low-key life. While Ratan Tata enjoys fame and media attention for his leadership and simplicity, Jimmy Tata prefers a simple and unassuming lifestyle, away from the public eye.

---Advertisement---

It’s not that Jimmy Tata lacks wealth. He holds a nearly equal stake in Tata Sons compared to Ratan Tata. According to available data from 2022, Ratan Tata owns 0.83% of Tata Sons shares, while Jimmy Tata owns 0.81%. A recent report stated that Tata Sons’ investments in listed companies amount to around ₹16 lakh crore. Based on this, Ratan Tata’s stake in Tata Sons is approximately ₹13,120 crore, while Jimmy Tata’s stake is ₹12,960 crore.

Also Read: Oscar 2024 Highlights: From John Cena Appearing Nude To Robert Downey Jr’s Historic Win

Jimmy Tata leads a rather simple life, avoiding media attention and not seeking publicity. The media covered Jimmy Tata notably when Ratan Tata posted a childhood picture of them together on his Instagram account. Ratan Tata has 9.2 million followers on Instagram. After that picture surfaced, people became more curious about the person nearly identical to Ratan Tata. Ratan Tata revealed that the picture was taken in 1945.

According to various media reports, Jimmy Naval Tata manages several businesses but prefers a simple life. Despite owning assets worth ₹12,000 crore, Jimmy Tata still resides in a 2-bedroom apartment in the Colaba area of Mumbai. He lives on the sixth floor of Hampton Court in Colaba. It’s said that many residents in the same building are unaware of his presence. Additionally, he doesn’t own a mobile phone. In such a scenario, he might prefer spending his time reading books and newspapers.

Last year, Indian industrialist Harsh Goenka shared a social media post praising Jimmy Tata. He mentioned that Jimmy Tata is an excellent squash player who often defeats him in matches.

Jimmy Tata holds stakes in various Tata Group companies, including Tata Motors, Tata Steel, Tata Sons, Tata Power, Indian Hotels, and Tata Chemicals.

Also Read: Cleaner Finds 2 Dead Infants In Glass Bottles In Hong Kong

HISTORY

Written By

Aniket Raj


Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

Related Story

Live News

---Advertisement---


live

Latest LIVE News Trending Today, Real Time Updates: Lok Sabha, Rajya Sabha Adjourned Till 11 AM Tomorrow

Dec 19, 2024
Latest LIVE News Trending Today, Real Time Updates
  • 14:18 (IST) 19 Dec 2024

    Lok Sabha, Rajya Sabha Adjourned Till 11 AM Tomorrow

  • 11:50 (IST) 19 Dec 2024

    BJP MLC Ram Shinde Elected Unopposed as Chairperson of Maharashtra Legislative Council

  • 11:44 (IST) 19 Dec 2024

    Hyderabad: Police Detain SC Mala Community Protestors Outside Telangana Assembly

N24 Shorts Logo

SHORTS

Sports

Is MS Dhoni & Ravichandran Ashwin Set For New Roles In IPL 2026? – Is This CSK’s New Masterplan? | Check Details

After the Gabba Test, Ashwin made this surprising decision. Everyone's eyes became moist after hearing the decision of Ashwin.

View All Shorts

---Advertisement---

Trending