Overview
- The majority of Ratan Tata's Rs 3,800 crore estate will benefit the Ratan Tata Endowment Foundation and Trust for philanthropic purposes.
- One-third of his financial assets, valued at Rs 800 crore, will be shared among his half-sisters Shireen and Deanna Jejeebhoy, and Mohini M. Dutta, a former Tata Group employee.
- Tata's brother, Jimmy Naval Tata, will inherit a share of the Juhu bungalow and personal items, while close friend Mehli Mistry will receive the Alibaug property and a collection of firearms.
- Rs 12 lakh has been allocated for the care of Tata's pets, with Rs 30,000 per quarter earmarked for each pet's upkeep.
- The probate process, handled by appointed executors, is underway and expected to conclude within six months, formalizing the distribution of assets.