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India's veteran industrialist Ratan Tata died in a hospital in Mumbai. At that time questions were raised as to who was the owner of his property. There were many discussions regarding this. Now this information has come to light. According to the Hurun India Rich List released in August 2023, Ratan Tata held 0.83 percent stake in Tata Sons. Due to which his total wealth was estimated at Rs 7900 crore. If other assets are added, his total wealth is more than Rs 10 thousand crores.
Mention of pet dogs in the will!
According to the information, the name of the pet dog is also recorded in the will of Ratan Tata. According to reports, Ratan Tata has also included the name of his pet dog TT. According to a TOI report, Ratan Tata has written in his will that his German Shepherd Tito should be taken care of throughout his life. In his will, Ratan Tata has ensured the lifelong care of his beloved German Shepherd Tito, which perfectly reflects Ratan Tata's deep compassion. The Times of India reports that Rajan, Tito Tata's longtime chef, will oversee the show. His second assistant Subbaiah is also mentioned in the will. Apart from this, the name of Shantanu Naidu is also there.
How much property?
Talking about Ratan Tata's properties, it includes a 2000 sq ft beach bungalow in Alibaug, a 2 storey house on Juhu Tara Road in Mumbai, a house worth Rs. Fixed deposits of over Rs 350 crore and a 0.83% stake in Tata Sons, a holding company worth $165 billion. All this will be given to Ratan Tata Endowment Foundation.
Names of 4 people in the will
According to reports, Ratan Tata has left a detailed will. In which the names of people close to him are mentioned. step-sisters Shireen and Diana Jejeebhoy, lawyer Darius Khambatha, her personal friend Mehli Mistry. Although the complete details of the will have not been disclosed, it is clear that a large part of Tata's wealth will be dedicated to charity. This can be called proof of Ratan Tata's philanthropic approach towards life.
Who is Mehli Mistry?
Mehli Mistry who was a close friend of Ratan Tata. He has worked with Tata Trust for a long time. Tata Trusts, with a 52% stake in Tata Sons, plays a major role in the company's operations. The function of these trusts is to invest in social and philanthropic activities, which embodies the ideology of Ratan Tata.
What does that lawyer say?
Lawyer Darius Khambatha clarified that he neither drafted the will nor provided any advice on it. According to him, he had seen Ratan Tata's will for the first time after his death. Ultimately, it is the responsibility of the executor of the will to ensure that Ratan Tata's final wishes are followed. Tata's will proves that he valued philanthropy more than wealth and his life was always focused on contributing to society.