Ratan Tata's will leaves most of his ₹3,800-crore assets to trusts

A majority portion of the Rs 3,800-crore wealth of the former chairman of Tata Group, Ratan Tata, has been allocated to charities, namely the Ratan Tata Endowment Foundation, a Section 8 company, as well as the Ratan Tata Endowment Trust, for philanthropic and charitable purposes, according to Tata Group sources.

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Additionally, Tata's secretary Ms Dilnaz Gilder will get Rs 10 lakh, while his domestic helps and drivers—Rajan Shaw & family and Subbaiah Konar—will receive Rs 50 lakh and Rs 30 lakh.

Ratan Tata, the legendary businessman and former chairman of Tata Group, passed away on 9 October, 2024, after battling old-age related illnesses at Breach Candy Hospital Trust in Mumbai.

Ratan Tata left one-third of his other financial properties, including bank fixed deposits, financial instruments, and physical assets like watches and paintings, estimated at Rs 800 crore, to his half-sisters Shireen Jejeebhoy and Deanna Jejeebhoy, while another one-third was left to Mohini M Dutta, a former Tata Group employee who was close to Ratan Tata.