Ratan Tata, respected former chairman and honorary chairman tata groupDied on 9 October in Mumbai at the age of 86. After his death, his half-brother Noel Tata Was appointed the new head of Tata Trust. Apart from his legacy, Ratan Tata also left behind a legacy estate According to, the value is Rs 10,000 crore peppermintHis will is now awaiting probate in the Bombay High Court, a legal process that confirms the authenticity of the will and ensures that it is carried out in accordance with his wishes.
Ratan Tata Endowment Foundation (RTEF), set up in 2022 as a non-profit organization, is set to receive the majority of Ratan Tata’s Rs 10,000 crore wealth. The Times of IndiaThis foundation was created to maintain the legacy of Tata. Charity And social service. Apart from the foundation, Ratan Tata’s will also mentions his close family, including his siblings. Additionally, long-serving domestic staff like her cook Rajan Shaw and butler Subbaiah have also been named as beneficiaries. The Times of India,
Shantanu Naidu to be listed as beneficiary of Ratan Tata’s Rs 10,000 crore. Here’s what he’s going to inherit
Shantanu Naidu, who had a close relationship with Ratan Tata and was also his executive assistant, will also be the beneficiary of this lavish property. Ratan Tata, who took a keen interest in Naidu’s career and personal development, waived off the personal loan taken by Naidu. EducationAdditionally, Ratan Tata gave up his stake in Naidu’s startup, Goodfellow, as part of the inheritance. The Economic Times,
The relationship between Ratan Tata and Naidu began with their shared affection for dogs, which blossomed into friendship. Naidu is basically PuneJoined a Tata group company before going to America for his master’s degree. After completing his studies, he returned to work in Ratan Tata’s private office, which handles the industrialist’s affairs after retirement.
Apart from his role as Ratan Tata’s assistant, Naidu was actively involved in launching initiatives addressing social issues. Ratan Tata frequently supported these ventures, including Goodfellows, a companionship service for elderly people. Established in 2022, the service connects senior citizens with younger peers to combat loneliness.
Ratan Tata also provided in his will that his beloved German Shepherd Tito would be well cared for throughout his life. Tito, who was adopted by the Tatas after his previous dog of the same name died about five or six years ago, will be looked after by Ratan Tata’s longtime cook Rajan Shaw.
As mentioned above, RTEF is set to become the primary beneficiary of Ratan Tata’s estate. The majority of his Rs 10,000 crore, which includes his stake in Tata Sons and other Tata group companies, will be directed to the foundation. The Times of Indiamoreover, investment The sales made by Ratan Tata in various startups through his companies RNT Associates and RNT Advisors will be given to RTEF. firstpost,
Ratan Tata’s wealth includes a 2,000-square-foot beach bungalow AlibaugA two-storey house in Mumbai, and a fixed deposit of over Rs 350 crore, according to The Times of IndiaIt is not yet clear who will inherit these properties. His impressive car collection, comprising 20-30 luxury vehicles, is currently stored at his Halekai residence and the Taj Wellington Mews in Colaba. The future of the cars is still being decided, which includes acquisition by the Tata Group for a museum display in Pune or auctioning them off.
