Close Menu
  • Home
  • Startups
  • Channeliam Fact Check
  • Middle East
    • Exploring UAE
    • Emerging saudi
  • Shepreneur
    • Top Women Startups
  • Remembering Ratan Tata
  • More
    • Jobs and Internships
    • Funding
    • Entrepreneur
    • Technology
      • Auto
      • Gadgets
    • Updates
    • MSME
    • Movies
    • Travel
    • Events
    • Featured
    • Editor’s Pick
    • Discover and Recover
CHANGE LANGUAGE
What's Hot

Azim Premji Foundation funds girls’ college education

18 May 2025

Kerala Family’s Epic Caravan Journey Across India

17 May 2025

 India Unites to Deliver Global Message on Terror

17 May 2025
Facebook X (Twitter) Instagram
  • About Us
  • I am Startup Studio
  • I am an Entrepreneur
  • She Power
  • I AM NOW AI
YouTube Facebook Instagram LinkedIn X (Twitter)
Channeliam / Channel I'M EnglishChanneliam / Channel I'M English
  • Home
  • Startups
  • Channeliam Fact Check
  • Middle East
    • Exploring UAE
    • Emerging saudi
  • Shepreneur
    • Top Women Startups
  • Remembering Ratan Tata
  • More
    • Jobs and Internships
    • Funding
    • Entrepreneur
    • Technology
      • Auto
      • Gadgets
    • Updates
    • MSME
    • Movies
    • Travel
    • Events
    • Featured
    • Editor’s Pick
    • Discover and Recover
Change Language
Channeliam / Channel I'M EnglishChanneliam / Channel I'M English
Change Language
Home » Ratan Tata’s Farewell Gift
Remembering Ratan Tata

Ratan Tata’s Farewell Gift

Ratan Tata’s will ensures financial support for his staff, helpers, and even his beloved pet, while also donating clothing to the underprivileged and waiving loans for those in need
News DeskBy News Desk2 April 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Email Telegram WhatsApp
Share
Facebook Twitter LinkedIn Pinterest Email Telegram WhatsApp

Ratan Tata, the late industrialist, left behind not just a corporate empire but also a legacy of kindness. His will directed nearly ₹3.5 crore to be distributed among his house staff, office employees, and even a neighbor.

Support for Domestic Staff

Tata’s will ensured that his long-time house staff received financial support. He allocated ₹15 lakh from his estate to domestic workers who had served him for over seven years, distributing the amount in proportion to their tenure. Part-time helpers and car cleaners were also granted ₹1 lakh each.

Among the key beneficiaries were:

  • Rajan Shaw (Cook): Received over ₹1 crore, including a ₹51 lakh loan waiver.
  • Subbaiah Konar (Butler): Bequeathed ₹66 lakh, with a ₹36 lakh loan waiver.
  • Delnaz Gilder (Secretary): Received ₹10 lakh.
  • Driver Raju Leon: Allocated ₹1.5 lakh, along with an ₹18 lakh loan waiver.

Additionally, ₹12 lakh was set aside for the care of his German Shepherd, Tito, with quarterly disbursements of ₹30,000.

Loan Waivers & Neighbor’s Support

Beyond his household, Tata waived significant loans extended to his associates. He forgave a ₹1 crore loan taken by his executive assistant Shantanu Naidu for an MBA at Cornell University. A ₹23.7 lakh loan to neighbor Jake Malite, who studied at Warwick Business School, was also written off.

Distribution of Personal Belongings

Tata’s high-end clothing from brands like Brooks Brothers, Hermes, and Brioni suits was designated for donation to NGOs, ensuring they reached the underprivileged.

Executors & Residual Estate

One-third of Tata’s residual estate, excluding shares and properties, was granted to former Taj employee Mohini Dutta. His Seychelles land, valued at ₹85 lakh, was left to RNT Associates. His two half-sisters, Shireen and Deanna Jejeebhoy, each received a third of his remaining estate.

His close friend Mehli Mistry inherited Tata’s Alibaug bungalow, while the will’s executors, including Tata Trusts trustee Darius Khambata, each received ₹5 lakh in appreciation for their efforts.

Even in his passing, Ratan Tata’s generosity continued, ensuring the well-being of those who had been part of his life.

banner business Channel I Am India ratan tata Ratan Tata estate TOP STORIES
Share. Facebook Twitter Pinterest LinkedIn Email Telegram WhatsApp
News Desk
  • Website

Related Posts

Azim Premji Foundation funds girls’ college education

18 May 2025

Kerala Family’s Epic Caravan Journey Across India

17 May 2025

 India Unites to Deliver Global Message on Terror

17 May 2025

King Charles and Sunak Share Wealth Spotlight

17 May 2025
Add A Comment

Comments are closed.

Careers
Recent Posts
  • Azim Premji Foundation funds girls’ college education
  • Kerala Family’s Epic Caravan Journey Across India
  •  India Unites to Deliver Global Message on Terror
  • King Charles and Sunak Share Wealth Spotlight
  • Operation Sindoor Sparks Big Defence Funding Rise
Editors Picks

Azim Premji Foundation funds girls’ college education

18 May 2025

Kerala Family’s Epic Caravan Journey Across India

17 May 2025

 India Unites to Deliver Global Message on Terror

17 May 2025

King Charles and Sunak Share Wealth Spotlight

17 May 2025
About Us
About Us

The first exclusive digital video media platform for startups and future business leaders, Channel I’M, the brainchild of Mrs. Nisha Krishan, unveils the first glimpse of how Indian startups think/create/market futuristic products and services.

Subscribe to Updates

Get the latest creative news about entrepreneurs, startups, and businesses.

Updates
  • Azim Premji Foundation funds girls’ college education
  • Kerala Family’s Epic Caravan Journey Across India
  •  India Unites to Deliver Global Message on Terror
  • King Charles and Sunak Share Wealth Spotlight
  • Operation Sindoor Sparks Big Defence Funding Rise
YouTube Facebook X (Twitter) Instagram Pinterest LinkedIn RSS
  • Home
  • About Us
  • Promotions
  • Careers
  • Contact Us
© 2025 Likes and Shares Pvt Ltd. Powered By arbaneo

Type above and press Enter to search. Press Esc to cancel.

Change Language
Malayalam
Hindi
Tamil
Change Language
Malayalam
Hindi
Tamil