Individual beneficiaries include his half-sisters Shireen and Deanna Jejeebhoy, who inherited one-third of his financial assets worth approximately Rs 8 billion.
The honorary chairman of the late Tata Group, Ratan Tata, will reflect his lifelong dedication to charity and social welfare, with most of his assets targeting charity. His shares in Tata’s son and other properties have been bequeathed to the Ratan Tata Endowment Foundation and the Ratan Tata Endowment Foundation to ensure that his legacy of giving back to the community continues to exist.
Individual beneficiaries include his half-sisters Shireen and Deanna Jejeebhoy, who inherited one-third of his financial assets worth approximately Rs 8 billion. Long-term partner Mohini Mohan Dutta received another third, while his brother Jimmy Naval Tata assigned a portion of Juhu Bungalow. Close friend Mehli Mistry inherited the Alibaug property and three guns.
Tata showed off her feelings for animals and established a fund of Rs 1.2 lakh to take care of pets. Additionally, he forgave loans from individuals like his assistant Shantanu Naidu and neighbor Jake Malight. His foreign assets are worth Rs 400 crore, including land in Seychelles and stocks of various companies. The will also include a “no competition clause” to ensure that any challenge to its provisions will result in forfeiture of inheritance.
Through this well-structured real estate plan, Ratan Tata is balanced with his strong commitment to philanthropy.
