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Ratan Tata, the influential Indian entrepreneur who transformed the Tata Automotive Group and played a pivotal role in India's economic shift towards capitalism, passed away at 86. In a surprising turn, his will allocated a significant portion of his $165 billion fortune to his dog Tito, his cook Rajan Shaw, and his butler Konar Subbiah, emphasizing gratitude for their companionship and care. This unusual decision shocked many, as it deviated from the norm of leaving wealth within the family.
Ratan Tata's will, following his passing on October 9, ensures lifelong care for his German Shepherd, Tito, and allocates his estate, valued at approximately Rs 10,000 crore, to family, staff, and his foundation. Key beneficiaries include his brother Jimmy and half-sisters Shireen and Deanna Jejeebhoy. Additionally, Tata's 0.83% stake in Tata Sons will be directed to the Ratan Tata Endowment Foundation, likely to be chaired by N Chandrasekaran.
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