Ratan Tata’s Will: Family, Staff, Pets Among Beneficiaries Of Rs 10,000-Crore Estate

Following the passing of industrialist and philanthropist Ratan Tata on 9 October, details of his will reveal his deep consideration for family, trusted staff, and even his beloved pet dog, Tito. Known for his compassion and humility, Tata ensured that his wealth, estimated at over Rs 10,000 crore, would benefit those close to him, including lifelong employees and his family.

As per media reports that came in on Friday, in a unique provision, Tata arranged “unlimited” care for Tito, his six-year-old dog, who will be looked after by long-time cook Rajan Shaw. Although common in Western estates, allocating funds for pets is rare in India, highlighting Tata’s extraordinary commitment to animal welfare. He frequently championed animal rights and advocated for stray dogs’ welfare on social media, encouraging others to follow suit.

The will also designates assets to Tata’s family members, including his brother Jimmy Tata and half-sisters Shireen and Deanna Jejeebhoy. A portion of his wealth will also go to the Ratan Tata Foundation, aligning with his philanthropic legacy.

Tata’s household staff are included in the will, reflecting the respect he held for those who worked closely with him. His butler of over 30 years, Subbiah, is among the beneficiaries.

Tata’s executive assistant, Shantanu Naidu, who co-founded companionship startup Goodfellows with Tata’s support, has also been provided for. Tata relinquished his stake in Goodfellows and allocated funds for Naidu’s education abroad.

Tata’s extensive real estate holdings, including a 2,000-square-foot beach bungalow in Alibaug and a two-storey residence on Mumbai’s Juhu Tara Road, are also part of his legacy, along with fixed deposits exceeding Rs 350 crore and his 0.83 per cent stake in Tata Sons, the parent company of the USD 165-billion Tata Group.

Through his will, Tata ensured that his wealth would be distributed thoughtfully, reflecting his enduring values and the deep bonds he fostered throughout his life.