Rakesh Jhunjhunwala, the late ace investor who passed away in August 2022, considered Tata Sons Chairman Emeritus Ratan Tata as his role model due to his philanthropy and entrepreneurship spirit. He said Tatas, including Jamsetji Tata and Ratan Tata, were blessed by God as they willed all their wealth to charity and they contributed to the society through industrial contributions extensively.
“Tatas are blessed by God. They are my role models in life. The persons who established the house of Tata, Sir Ratan Tata and Sir Jamsetji Tata, willed all their wealth to charity. At the Tata Cancer Hospital in Mumbai, every child who comes to Mumbai is examined by them. If they feel they can cure it, they give free treatment, the Indian Medicines Society gives medicines. Now, they are setting up hospitals in every district,” Rakesh Jhunjhunwala had said during a news channel event.
He also praised Ratan Tata for transforming India’s industrial landscape and benefitting the country.
“Who set up India’s first steel plant, first five-star hotel, first power plant, first software company, first car manufacturing company? Who set up the Indian Institute of Science? So, it’s a role model of what wealth is. They are creating wealth for the good of society. What greater noble aim can a human have?” said Jhunjhunwala.
Ratan Tata, who led the salt-to-software empire for over two decades, took his last breath at Breach Candy Hospital in south Mumbai at 11:30 pm on Wednesday.
A recipient of the Padma Vibhushan, Tata had been in the hospital’s intensive care unit since Monday.
