Ratan Tata, former Chairman (Emeritus Chairman) of Tata Group, has passed away at the age of 86. After the demise of Ratan Tata, now the question in everyone’s mind is who will be the next head of Tata Group? This question is also important because Ratan Tata remained unmarried throughout his life. Ratan Tata’s total wealth is said to be around Rs 3800 crore.
Who will become the next successor?
After the demise of Ratan Tata, who will become Tata’s successor and who will replace him… this has become an important topic. Who will oversee the vast business empire of Tata Group? Let us tell you that succession plan already exists in Tata Group. N Chandrasekaran took over as chairman of the holding company, Tata Sons, in 2017. Other people in the family are leading different parts of the business and who will likely take on leadership roles in the future.
Noel Tata leads the race
Noel Tata, born to Naval Tata’s second wife Simone, is Ratan Tata’s half-brother. This family bond puts Noel Tata at number one position in terms of inheriting the Tata legacy. However, considering his advancing age, the responsibility can be given to any one of his three children.
Maya, Neville and Leah Tata
Let us tell you that Noel Tata has three children, who can be seen as possible heirs to the Tata legacy. The eldest, Leah Tata, holds a master’s degree in Marketing from IE Business School in Madrid, Spain. She joined the Tata Group in 2006 as Assistant Sales Manager at Taj Hotels Resorts & Palaces and now serves as President at The Indian Hotels Company Limited (IHCL), progressing through various roles.
Younger daughter Maya Tata started her career at Tata Capital as an analyst in the group’s flagship finance services company. While his brother, Neville Tata, started his professional journey at Trent. His father had helped in building the company’s retail chain.
