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Ratan Tata, Iconic Indian Tycoon Dies at 86, Leaves $118 Million Fortune to His Dog Instead of Siblings

by Kwame Obsoul
October 31, 2024
in International
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Ratan Tata, Iconic Indian Tycoon Dies at 86, Leaves $118 Million Fortune to His Dog Instead of Siblings
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Indian industrialist Ratan Tata, who passed away earlier this month at the age of 86, has reportedly left a substantial portion of his $118 million fortune to his German shepherd, Tito, ensuring the pet receives “unlimited care” in his absence. Tata’s decision to prioritize his beloved pet over his siblings has sent ripples through India’s tight-knit business and social communities.

Known for his extraordinary leadership of the Tata Group, Ratan Tata helped transform the conglomerate into a global powerhouse. His estate, estimated at around £91 million ($118 million), would traditionally have gone to his family, as Tata, who never married or had children, has a brother, Jimmy Tata, and two half-sisters, Shireen and Deanna Jejeebhoy. Yet, in his will, Tata bequeathed a significant share to Tito, along with substantial provisions for his loyal butler, Konar Subbiah, and cook, Rajan Shaw.

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“This will is not a statement of wealth,” said Suhel Seth, a close friend of Tata, “but a gesture of gratitude for the joy and care he received from his pet and his two closest aides.” Seth explained that Tata’s instructions ensure both the pet and the household staff will be well-cared-for and financially secure.

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The unusual inheritance arrangement stands out in India, where family wealth is typically passed down within the family. Mr. Tata’s will included detailed provisions for Tito, ensuring the dog receives the best possible care, along with life-long support for Subbiah and Shaw. “They will never have to work again and will be very well looked after,” added Seth.

Ratan Tata’s love for animals was well-known, with a strict policy at the Tata Group’s headquarters that no stray animal would be turned away. His compassion and generosity extended far beyond his professional life, making him an admired figure across India and beyond.

Tributes poured in following Tata’s passing, including from Indian Prime Minister Narendra Modi, who called him “a visionary business leader, a compassionate soul, and an extraordinary human being.” Google CEO Sundar Pichai also expressed admiration for Tata’s legacy, recalling their last meeting where they discussed the development of Waymo and Tata’s vision for a better India.

Born in Bombay (now Mumbai) in 1937, Ratan Tata was raised by his grandmother and originally pursued a career in architecture before joining the family business at her request. He began his journey in 1962 at TISCO (now Tata Steel), where he worked near blast furnaces, later rising to lead the conglomerate during India’s economic liberalization in 1991. Under his leadership, Tata Group expanded globally, acquiring prestigious brands such as Jaguar and Land Rover.

In addition to being India’s largest car manufacturer, Tata Group also operates the country’s largest private steel company and a major outsourcing firm, employing over 350,000 people worldwide. Ratan Tata stepped down as chairman in 2012 but returned briefly in 2016 to guide the company through a leadership transition.

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