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Ratan Tata's Will: Family, Beloved Dog, and Trusted Staff Remembered in Legacy
Published : Oct 25, 2024, 6:13 pm IST
Updated : Oct 25, 2024, 6:13 pm IST
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Ratan Tata's Will: Family, Beloved Dog, and Trusted Staff Remembered in Legacy
Ratan Tata's Will: Family, Beloved Dog, and Trusted Staff Remembered in Legacy

Sources indicate that Tata's estate, valued at over Rs 10,000 crore, is distributed across several beneficiaries.

Ratan Tata's Will: The passing of Ratan Tata on October 9 at the age of 86 marked the end of an era, but his carefully outlined will has ensured that his love and care extend far beyond. Known for his deep compassion and dedication, the industrialist's will has captured attention not only for its provisions for family but also for its warm embrace of his loyal companions, staff, and beloved dog, Tito. 

In a rare move, Tata ensured Tito, whom he adopted six years ago after the passing of his previous dog, receives "unlimited" care through a trust. This task will be undertaken by Rajan Shaw, his long-serving cook, as Tata valued the lives of animals dearly. Known for his support of stray dogs and rescue initiatives, Tata used his social media influence to advocate for animals, reflecting a lifelong commitment that is now honored in his will.

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Sources indicate that Tata's estate, valued at over Rs 10,000 crore, is distributed across several beneficiaries. These include his foundation, family members such as his brother Jimmy Tata, and half-sisters Shireen and Deanna Jejeebhoy. Additionally, the will includes lifelong support for Tata’s butler Subbiah, who shared over 30 years of service and a close personal bond with the visionary.

Shantanu Naidu, Tata's assistant and close confidant, also finds mention in the will. Tata reportedly transferred his stake in Naidu's elder-care initiative, Goodfellows, while pledging financial backing for Naidu's overseas education. This gesture underscores Tata’s admiration for Naidu's work and the mentorship they shared.

Ratan Tata’s assets include properties like a 2,000-square-foot beach bungalow in Alibaug, a Juhu Tara Road residence, and considerable fixed deposits exceeding Rs 350 crore. Moreover, his holdings include a 0.83% share in Tata Sons, the parent company of the $165 billion Tata Group, symbolizing a lasting financial footprint on one of India’s largest conglomerates.

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In sum, Ratan Tata’s will reveals a legacy of kindness and responsibility, ensuring that his philanthropic spirit, family bonds, and commitments live on through careful allocations that balance business and humanity.

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ROZANA SPOKESMAN

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