Indian billionaire Ratan Tata, renowned for transforming Tata Group into a global conglomerate, has reportedly passed away at the age of 86, leaving behind a surprising and heartfelt will. Tata, widely respected for his business acumen and compassionate nature, made headlines by designating £91 million to his beloved dog, a German shepherd named Tito, ensuring “unlimited care” for his cherished pet.
The billionaire’s will reportedly prioritized Tito over other potential beneficiaries, even though many anticipated he would leave his estate primarily to his siblings: Jimmy Tata and his half-sisters, Shireen and Deanna Jejeebhoy. Instead, Tata’s love for Tito shone through in his bequest, reflecting the close bond he shared with his pet.
Alongside Tito’s inheritance, Tata provided significant provisions for his former butler, Konar Subbiah, and cook, Rajan Shaw, who will continue to look after the dog. Both Subbiah and Shaw received generous portions of the estate, with friends describing the inheritance as so substantial that they will never need to work again.
Suhel Seth, a close friend of Tata, remarked that this act highlights the billionaire’s genuine appreciation for those who had provided him with companionship and support, rather than merely showcasing his wealth.
Ratan Tata’s legacy extends far beyond his personal relationships. Under his leadership, Tata Group became a global powerhouse, with acquisitions that defined India’s corporate history.
Notable among these were the purchase of British tea giant Tetley in 2000 for $432 million, and Anglo-Dutch steelmaker Corus in 2007 for $13 billion, the latter being the largest foreign takeover by an Indian firm at that time.