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Ratan Tata Leaves Special Fortune In His Will For His Beloved Dog Tito

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Photo source: Google

The late Indian billionaire Ratan Tata has made headlines with his unique decision to include his beloved dog,

Tito, as a beneficiary in his Rs 10,000 crore will. Tata, who passed away at the age of 86 on October 9, showed his deep affection for Tito, whom he adopted nearly six years ago.

According to the provisions outlined in his will, Tito is set to receive “unlimited” care throughout his life, under the attentive supervision of Tata’s trusted cook, Rajan Shaw.

Shaw has been dedicated to catering to Tito’s needs and will continue to ensure that the dog receives the best possible care.

While Tito will be well taken care of, the primary recipient of Tata’s substantial fortune is the Ratan Tata Endowment Foundation, which he established in 2022.

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The foundation aims to further Tata’s philanthropic vision and will inherit significant stakes in various companies.

Chandrasekaran, Tata’s son and the current chairman of the Ratan Tata Endowment Foundation, is expected to steer the foundation’s activities, aligning them with his father’s values and ideals.

Family members, including Tata’s brother Jimmy and half-sisters Shireen and Deanna Jejeebhoy, are also beneficiaries of the will, as are Tata’s long-time staff members, who played an essential role in his personal life.

Notably, Shantanu Naidu, Tata’s confidant and executive assistant, is included in the will as well.

Tata had reportedly forgiven a personal loan to Naidu and relinquished his stake in Naidu’s companionship startup, Goodfellows, which reflects his supportive nature and belief in his friend’s entrepreneurial ventures.

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Another intriguing aspect of Tata’s will is his extensive car collection, which consists of 20 to 30 luxury vehicles housed at his Colaba home.

Decisions regarding these cars are still under consideration, with options ranging from auctioning them off to potentially setting up a public display as a tribute to Tata’s remarkable life and contributions.

Currently, the will is pending probate at the Bombay High Court, where it awaits legal confirmation.

Once approved, Tata’s wishes—encompassing both his philanthropic goals and his commitment to Tito’s care—will be honoured in full, ensuring that his legacy lives on.


 

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Ngozi Okonjo-Iweala Says Nigeria Lacks a Maintenance Culture

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The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.

She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”

“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”


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Peter Obi Criticises President Tinubu’s Statement on Hunger

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Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.

It can be noted that the President recently stated that hunger has always existed in Nigeria.

Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”

“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”


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Nigerian Army Launches New IED Training Programme

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Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).

The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.

It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”


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