Indian billionaire wills £91 million fortune to dog

Indian billionaire wills £91 million fortune to his dog
Indian billionaire businessman Ratan Tata, who passed away recently at the age of 86, has reportedly bequeathed £91 million to his dog, Tito, in his will.

Tata, known for transforming the Tata Group into a global powerhouse, included provisions for “unlimited care” for his German shepherd, highlighting his deep affection for his pet.

While it was anticipated that he would leave his estate to his siblings, Jimmy Tata and half-sisters Shireen and Deanna Jejeebhoy, he instead prioritized Tito.

According to the Times, Tata allocated significant portions of his fortune not only to Tito but also to his butler, Konar Subbiah, and his cook, Rajan Shaw, who will continue to care for the dog. His siblings will receive only a portion of his estate.

A close friend of Tata, Suhel Seth, remarked that the provisions for Tata’s former butler and cook are exceptionally generous, ensuring they will never have to work again.

Seth emphasized that the will reflects Tata’s gratitude for the joy and care he received from his pets and closest aides rather than a mere display of wealth.

During his leadership, Tata Group made several notable acquisitions, including the purchase of British tea company Tetley in 2000 for $432 million and Anglo-Dutch steelmaker Corus in 2007 for $13 billion, marking a significant milestone as the largest foreign takeover by an Indian firm at the time.

Vanguard


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Family of Late Senator Ifeanyi Ubah Clashes with Senate Over Funeral Support

Businesswoman Arraigned for Alleged N625.8 Million Rice Supply Fraud

Special Counsel Moves to Dismiss Trump Election Case

Ex-US Official Condemns Finland Over Simon Ekpa’s Arrest

Family of Late Senator Ifeanyi Ubah Clashes with Senate Over Funeral Support

Businesswoman Arraigned for Alleged N625.8 Million Rice Supply Fraud

Special Counsel Moves to Dismiss Trump Election Case

Ex-US Official Condemns Finland Over Simon Ekpa’s Arrest