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The early Rockefellers made their wealth from being in certain businesses and remained personally very wealthy. Tata's were different in the sense the future generations were not so wealthy. They were involved in the business but most of the family wealth was put into trust and most of the family did not in fact did not enjoy enormous wealth.

Ratan Tata

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Ratan Tata
Age: 86
Born: 1937
Born: December 28
Businessman
Businessperson
Engineer
Entrepreneur
Bombay
Ratan Naval Tata
Wealth
Remained
Facts
Trust
Businesses
Certain
Future
Wealthy
Different
Fact
Personally
Made
Family
Enormous
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Early
Business
Generations
Involved
Tata
Sense

More quotes by Ratan Tata

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I would say that one of the things I wish I could do differently would be to be more outgoing.
Ratan Tata
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I have also made this a point in our company: We need to stop taking baby steps and start thinking globally. It really seems to be helping.
Ratan Tata
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When you see in places like Africa and parts of Asia abject poverty, hungry children and malnutrition around you, and you look at yourself as being people who have well being and comforts, I think it takes a very insensitive, tough person not to feel they need to do something.
Ratan Tata
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I admire people who are very successful. But if that success has been achieved through too much ruthlessness, then I may admire that person, but I can't respect him.
Ratan Tata
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None can destroy iron, but its own rust can! Likewise none can destroy a person, but its own mindset can!
Ratan Tata
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I have two or three cars that I like, but today, Ferrari would be the best car I have driven in terms of being an impressive car.
Ratan Tata
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If you want to walk fast, walk alone. But if you want to walk far, walk together
Ratan Tata
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What I would like to do is to leave behind a sustainable entity of a set of companies that operate in an exemplary manner in terms of ethics, values and continue what our ancestors left behind.
Ratan Tata
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Take the stones people throw at you, and use them to build a monument
Ratan Tata
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There are many things that, if I have to relive, maybe I will do it another way. But I would not like to look back and think what I have not been able to.
Ratan Tata
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I followed someone who had very large shoes. He had very large shoes. Mr. J. R. D. Tata. He was a legend in the Indian business community. He had been at the helm of the Tata organization for 50 years. You were almost starting to think he was going to be there forever.
Ratan Tata
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We're responsible for the fortunes of the company but this is a bone-dry situation in terms of access to credit. Nobody can operate on that basis unless you have large cash balances, which we don't. My concern is that the government doesn't appear to care about manufacturing.
Ratan Tata
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Apart from values and ethics which I have tried to live by, the legacy I would like to leave behind is a very simple one - that I have always stood up for what I consider to be the right thing, and I have tried to be as fair and equitable as I could be.
Ratan Tata
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At Tatas, we believe that if we are not among the top three in an industry, we should look seriously at what it would take to become one of the top three players.. or think about exiting the industry
Ratan Tata
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I will certainly not join politics. I would like to be remembered as a clean businessman who has not partaken in any twists and turns beneath the surface, and one who has been reasonably successful.
Ratan Tata
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Ups and downs in life are very important to keep us going, because a straight line even in an ECG means we are not alive
Ratan Tata
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Some foreign investors accuse us of being unfair to shareholders by using our resources for community development. Yes, this is money that could have made for dividend payouts, but it also is money that's uplifting and improving the quality of life of people in the rural areas where we operate and work. We owe them that.
Ratan Tata
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I think the environment has become more competitive. That has made Indian industry more concerned with a) its customers, b) the quality of its products, and c) its brand image in the marketplace.
Ratan Tata
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Business need to go beyond the interest of their companies to the communities they serve.
Ratan Tata
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I may have hurt some people along the way, but I would like to be seen as somebody who has done his best to do the right thing for any situation and not compromised.
Ratan Tata