Ratan Tata, the esteemed former chairman of the Tata Group, passed away on October 9 at the age of 86 at Mumbai's Breach Candy Hospital. His death marks the end of an era characterised by remarkable leadership, groundbreaking innovation, and generous philanthropy. In addition to his profound legacy, Tata also left behind a substantial will worth Rs 10,000 crore, outlining provisions for his family, dedicated staff, charitable organisations, and even his cherished pet dog, Tito.
According to a Times Of India report, Ratan Tata's Rs 10,000 crore will encompass various assets, including a 2,000-square-foot beach bungalow in Alibaug, a two-story residence on Juhu Tara Road in Mumbai, fixed deposits totalling over Rs 350 crore, and a 0.83 per cent share in Tata Sons, the parent company of the USD 165-billion Tata Group. These assets are set to be transferred to the Ratan Tata Endowment Foundation (RTEF).
Ratan Tata's estate includes a collection of 20-30 luxury cars stored at his Colaba residence and Taj Wellington Mews, with decisions pending on whether to auction or display them publicly. His iconic Alibaug beach bungalow and Juhu Tara Road residence in Mumbai are also part of the estate, but their future remains uncertain. ALSO READ: US Asks Israel To Improve Humanitarian Situation In Gaza; Warns Military Aid Cuts The will makes provisions for close family members, including his brother Jimmy Tata and half-sisters Shireen and Deanna Jejeebhoy.
Additionally, Tata’s loyal house.