(Image source from: x.com/RNTata2000)

Ratan Tata, the renowned industrialist and philanthropist, has made provisions in his will to ensure ongoing, unlimited care for his dog, Tito, who was adopted around six years ago after the passing of Mr. Tata's previous pet. Tito will be cared for by Rajan Shaw, Mr. Tata's long-time cook. While setting aside wealth for pets is a common practice in Western countries, it is relatively rare in India. Mr. Tata, who died at the age of 86 on October 9th, was known for his deep fondness for dogs. He frequently advocated for the well-being of stray dogs on social media and worked to find homes for abandoned pets, ensuring their safety. According to a report, Mr. Tata's estate, estimated to exceed ₹ 10,000 crore, has been designated to various beneficiaries, including his foundation, family members, and household staff members. The will also includes arrangements for Mr. Tata's butler, Subbiah, with whom he maintained a close relationship for over three decades. Additionally, the will mentions Shantanu Naidu, Mr. Tata's executive assistant.

Ratan Tata has extensive assets, including a large beach house in Alibaug, a two-story residence in Mumbai, and over ₹ 350 crore in fixed deposits. He also owns a 0.83% stake in Tata Sons, the parent company of the Tata Group. This stake will be transferred to the Ratan Tata Endowment Foundation, as will his interests in other Tata Group enterprises. The Halekai house in Colaba, where he lived, is owned by a Tata Sons subsidiary, and the future of his luxury vehicle collection is under consideration, with potential acquisition by the Tata Group or auctioning. Ratan Tata's Juhu property, overlooking the beach, was inherited from his father, Naval Tata.

For more than 20 years, there have been talks about potentially selling the asset. The process of dealing with his will through the legal system is anticipated to take several months. The Bombay High Court will review it.