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Ratan Tata Leaves Special Fortune In His Will For His Beloved Dog Tito
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.
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.
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.
TV anchor Rufai Oseni makes headlines as he speaks on fuel subsidy in Nigeria. He shared that Nigeria can have fuel subsidy without the long queues at filling stations.
“When we were still paying subsidies, there were no long queues. We were subsidising. So you can still have a subsidy regime going on, and there will be no long queues because production was close by. Dangote had it. That’s just it. That argument also falls flat.
“The biggest beneficiaries of subsidy are not Nigerians. They are crony capitalists that have big infrastructure, and they do contracts. They have been the biggest beneficiaries of the subsidy,” he said.
Lagos State Governor, Sanwo-Olu, speaks to those in the electricity sector about the usual blackouts in the state.
He speaks on ways things can change in the state and how electricity can be provided.
“We need to drop corporate egos, abandon long-standing excuses, and confront the harsh realities obstructing progress in the power sector.”
“We, state governments, used to give excuses that everything is centralised, so the Federal Government has unbundled it now. What have we done in a year and a half?” Sanwo-Olu asked.
“We take two steps forward, we go five steps backward,” he said.
Lagos State Governor Babajide Sanwo-Olu has declared Thursday, August 20, a work-free day for public servants in the state to mark the Isese Festival.
Speaking on the celebration, he said “Ìṣẹ̀ṣe is not a relic. It is a living expression of our traditions and a celebration of Yoruba spirituality as an important part of Nigeria’s cultural and religious landscape,” he said.
He added “When the drums sound in Lagos on Thursday, they answer drums in Havana, in Salvador, in Port of Spain. Fifty-five million people and counting. Lagos is not observing a local holiday. Lagos is standing at the centre of a global heritage,” Aregbe said.
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