Ratan Tata’s Rs 38000000000 will, most of the money goes to…, Shantanu Naidu, Jimmy Tata get…, luxurious bungalow home owner will be…, sisters will get…, Noel Tata…
GH News April 01, 2025 01:06 PM
New Delhi: Ratan Tata was one of the most visionary industrialists in the world. Known for his leadership philanthropy and commitment to innovation the former Tata Sons chairman expanded the Tata group globally acquiring iconic brands like Jaguar Land Rover and Corus Steel. He played a crucial role in revolutionizing the Indian automobile industry with the launch of the Tata Nano the worlds most affordable car. Ratan Tata who passed away on October 9 at the age of 86 left a profound legacy not only in business but also in his personal life particularly regarding his beloved German Shepherd Tito. In his will Tata made provisions for unlimited care for Tito ensuring that his long-time cook Rajan Shaw would take care of the dog. Ratan Tata was deeply involved in philanthropy supporting education healthcare and rural development through the Tata Trusts. His humility ethical leadership and dedication to nation-building make him one of India’s most respected business leaders. Ratan Tata has bequeathed the majority of his wealth conservatively valued at Rs 3800 crore including ordinary and preference shares of Tata Sons and other assets to the Ratan Tata Endowment Foundation a Section 8 company and the Ratan Tata Endowment Trust dedicated to philanthropic and charitable initiatives. It was around six years ago Ratan Tata adopted Tito following the death of his previous dog. Tata used to vociferously advocate for stray dog care and devoted significant time to finding homes for abandoned petsestimated to exceed Rs 10000 crore allocates wealth among several beneficiaries including his brother Jimmy Tata half-sisters Shireen and Deanna Jejeebhoy and his dedicated household staff. His will made public approximately two weeks after his death also includes specific provisions for his butler Subbiah with whom he shared a close bond for over three decades. According to The Times of India Ratan Tata has allocated assets for his executive assistant Shantanu Naidu who previously gave up his stake in Tatas companionship venture Goodfellows. Founded in 2022 to support senior citizens Goodfellows was Naidu’s initiative. Additionally Tata has covered Naidu’s educational expenses abroad. Here are some of the key details: 2000-square-foot beach bungalow in Alibaug and a two-storey residence on Juhu Tara Road in Mumbai are not part of the Ratan Tata’s will as per the Times of India report His financial holdings include fixed deposits exceeding Rs 350 crore and a 0.83% stake in Tata Sons the parent company of the $165 billion Tata Group . Tata Sons will be transferred to the Ratan Tata Endowment Foundation (RTEF). His interests in other Tata Group enterprises such as Tata Motors will also be redirected to RTEF reinforcing his commitment to philanthropy . The Halekai house in Colaba where Tata lived untih is owned by Ewart Investments a wholly owned subsidiary of Tata Sons which will determine its future. His collection of 20 to 30 luxury vehicles is currently housed at his Halekai residence and the Taj Wellington Mews service apartments in Colaba. Discussions are ongoing regarding the future of this collection with options including acquisition by the Tata Group for exhibition at its Pune museum or auctioning . Tatas commitment to philanthropy is further underscored by the Tata Trusts which hold a 66% st Tata Group valued at ₹13.9 lakh crore. These trusts are instrumental in funding initiatives focused on poverty alleviation healthcare and education .
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